Economics

Uganda’s economy has fully recovered from various shocks, crises, and “false alarms” that brought it to its knees, the Finance Ministry has announced. “You recall that when Covid-19 happened, leaders …

The Uganda Revenue Authority (URA) is anticipated to fall short of its revenue collection target for the financial year 2023/24, which is nearing its end. The projected domestic revenue for …

President Yoweri Museveni has said that the 2024 Uganda population census results, released on Thursday by the Uganda Bureau of Statistics (UBOS) confirm the country’s transition from a low-income country …

Uganda’s coffee exports experienced a significant 22% surge in May 2024, totaling 553,529 60-kilo bags and generating USD 127.30 million. This comprised of 473,693 bags of Robusta valued at USD …

After four years of grappling with the economic shocks caused by COVID-19 pandemic and other crises, Uganda’s economy is on path to recovery. The pandemic severely disrupted key sectors such …

Uganda’s annual inflation as measured by the Consumer Price Index (CPI) for the 12 months to May 2024 increased to 3.6 percent compared to 3.2 percent registered in the year …

The high cost of borrowing significantly affects many Ugandan businesses, presenting substantial challenges to their operations and growth. High interest rates increase the expense of securing capital, complicating efforts to …

Theme: Full Monetisation of Uganda’s Economy through Commercial Agriculture, Industrialisation, Expanding and Broadening Services, Digital Transformation and Market Access. Delivered By Matia Kasaija (MP) Minister of Finance, Planning and Economic …

Tax exemptions are a common fiscal tool used by governments worldwide to stimulate economic activity, attract investment, and boost key sectors especially those that drive the economy. In Uganda, this …