The governments of Uganda and Kenya have signed a deal committing the two countries to finance and construct the Standard Gauge Railway (SGR) in both countries. Uganda’s Minister of Works …
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In an effort to tackle the escalating public debt crisis, the government has announced four fiscal consolidation measures aimed at managing and reducing the nation’s debt level. They include; controlling …
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Tests have confirmed that Ugandan maize exports to South Sudan contain high levels of aflatoxins. The tests were conducted following heightened trade tensions between two East African Community allies after …
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Uganda is on the move to boost its industrialization agenda as the country’s biggest hydro power plant, Karuma nears completion. Prime Minister, Robinah Nabbanja inspected the plant’s progress over the …
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The Speaker of Parliament, Anita Annet Among, during a Parliamentary sitting on June 29, 2023, informed lawmakers that President Museveni had assented to six Bills that had been passed by …
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Industry & TradeLatest NewsNews
Uganda – South Sudan trade war: South Sudan releases some impounded trucks
The Uganda – South Sudan Trade dispute has for the past two months escalated rapidly after the latter refused Uganda’s request to release the cargo trucks impounded on the pretext …
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Uganda is positioning itself to be a competitive and reliable origin of vanilla, second to Madagascar, which is the leading producer in the world. Vanilla production from two annual harvests …
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Banking & SavingsFinanceLatest NewsNewsTaxation
Ugandans to access interest free loans as Parliament passes Islamic Banking Bill
Parliament on Thursday passed the Income Amendment Bill and the Foreign Exchange Amendment Bill to pave way for the implementation and operationalization of Islamic banking financial products by commercial banks, …
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The Inspectorate of Government (IG) has ordered former Managing Director of the National Social Security Fund (NSSF), Richard Byarugaba and former Director of Finance, Stevens Mwanje to jointly refund 5 …
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Recently the East African Community (EAC) Ministers of Finance held budget consultations in Arusha Tanzania and agreed to make some changes in the EAC taxation structure. To make regional industries …