The African Tax Administration Forum (ATAF) is pleased to announce that Ms Mary Baine has officially assumed her duties as the new Executive Secretary of the organisation, effective 1 July …
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Banking & SavingsFinanceLatest NewsNewsOpinions
What should be done to address Uganda’s deepening youth unemploymentÂ
As Uganda continues to struggle with the rising youth unemployment rates, experts are warning that the crisis is not just about a shortage of jobs. According to Carolyn Mary Amase, …
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EconomicsFinanceIndustry & TradeLatest NewsNewsRegional NewsSpecial Reports
Divergent Inflation Patterns Across EAC Partner States
Inflation dynamics and trade balances across the East African Community (EAC) partner states exhibited contrasting patterns in May 2025, reflecting varied economic pressures within the regional bloc. According to data …
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EconomicsEnergyFinanceIndustry & TradeLatest NewsNewsSpecial Reports
Uganda’s Export Earnings Hit $1.1 Billion, Trade Deficit Narrows Sharply
Uganda’s export earnings for merchandise surged to $1.1 billion (sh4.11 trillion) in April 2025, marking a 72.1% increase from $644.90 million (sh2.39 trillion) recorded in the same month the previous …
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EconomicsEnergyFinanceIndustry & TradeLatest NewsNewsSpecial Reports
Uganda’s Economy Grows by 6.3% Â
Preliminary data from the Uganda Bureau of Statistics (UBOS) reveals that the size of Uganda’s economy expanded to sh226.344 trillion in the fiscal year 2024/25, up from sh203.708 trillion recorded …
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FinanceLatest NewsNewsOpinionsRegional NewsTaxation
How Uganda and Kenya are redefining East Africa’s fiscal landscape
East Africa’s quest for sustainable economic growth and development hinges on the ability of governments to effectively mobilize domestic revenue. East African countries still grapple with underdeveloped tax systems, growing …
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Banking & SavingsEconomicsFinanceLatest NewsNews
Ugandan Shilling Gains Ground as Yields and Credit Uptake Rise
The Ugandan Shilling posted a modest appreciation against the US Dollar ($) in May 2025, underpinned by sustained inflows from coffee exports, remittances, portfolio investments, and Non-Governmental Organizations (NGOs) activities. …
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Taxation is the lifeblood of any economy, and Uganda is no exception. For decades, tax collection has been pivotal in financing national development, fostering infrastructure growth, and ensuring the delivery …
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Small and Medium Enterprises (SMEs) are the heartbeat of Uganda’s economy. They contribute over 20% to the country’s GDP and employ nearly 90% of the workforce within the private sector. …
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FinanceIndustry & TradeLatest NewsNational NewsNewsTaxation
How URA Is securing Uganda’s borders and markets from smugglers
Uganda Revenue Authority (URA) has intensified nationwide enforcement operations, targeting an alarming rise in illegal trade activities. Over the past three months, URA teams have intercepted thousands of kilogrammes of …