Why revenue collections target fell short
The Government projected to collect domestic revenue worth Shs2,137.35 billion in October 2023 of which Shs1,974.96 billion would be tax revenue while Shs162.39 billion would be non-tax revenue. However, a…
The Government projected to collect domestic revenue worth Shs2,137.35 billion in October 2023 of which Shs1,974.96 billion would be tax revenue while Shs162.39 billion would be non-tax revenue. However, a…
Uganda is progressing towards being delisted from the roster of nations characterized by inadequate legislation and significant strategic shortcomings in combating money laundering and terrorism financing. Optimism surrounds the prospect…
Data protection is crucial in the online realm, encompassing measures to safeguard sensitive information from unauthorized access, use, or disclosure. It involves the implementation of security protocols, encryption, and access…
Uganda will from January 1, 2024 stop buying fuel from Kenyan firms after it entered into an agreement with a foreign firm, Vitol Bahrain to supply Uganda with its entire…
The Ugandan government is currently in the process of finalizing a substantial multi-billion-dollar agreement that would confer exclusive monopoly rights to Vitol Inc., a Swiss-based Dutch firm specializing in energy…
A cyber-attack is a malicious act perpetrated in the digital realm, targeting computer systems, networks, or data for various purposes. These attacks range from theft of sensitive information, disruption of…
The issue of over taxation has dealt a severe blow to the Ugandan fish maw trading industry, forcing many traders out of the market. Fish maw traders petitioned the Parliamentary…
The European Union (EU) will invest 60 million euros (equivalent to 240 billion shillings) to upgrade Uganda’s oldest power stations, Nalubaale (formerly Owen Falls Dam) and Kiira hydropower plant plants…
In a letter dated October 30, 2023, the U.S President Joe Biden notified the Speaker of the U.S. House of Representatives that he was intending to terminate the designation of…
Acquiring positive savings habits is among the most effective methods to assume control over your financial well-being. However, many individuals often discover that despite having sufficient funds for their immediate…