In a press release issued on July 30, 2024, Airtel Africa revealed a 12% increase in mobile data revenue for its East African market for the first quarter ending June …
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Illicit financial flows (IFFs) have increasingly become a critical issue in the global economy, with multinational companies (MNCs) playing a significant role through aggressive tax avoidance schemes. These schemes involve …
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Banking & SavingsFinanceLatest NewsNews
Banking on Growth: How Strategic Investments and Community Initiatives by dfcu Bank are Propelling Northern Uganda’s Economic Growth
As Northern Uganda continues to achieve and drive economic transformation, dfcu Bank stands hand in hand with the region, equipped with a strategic plan and the resources required to support …
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The Uganda Revenue Authority (URA) has secured a significant legal victory against a prominent car importing company, Crane Autos Limited, in a landmark tax evasion battle. URA accused Crane Autos …
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EconomicsFinanceLatest NewsNational NewsNews
Did Govt Plan for the Additional 11 Million People Before Approving the Budget?
As governments craft their financial year budgets, they consider various factors, including the country’s population, which is critical for allocating resources equitably and accurately. Without knowing the exact population, it …
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FinanceGlobal NewsLatest NewsNewsRegional News
Africa’s Financial Struggles: IMF Debt Piling up to Catastrophic Levels
Africa is facing a severe financial crisis as the International Monetary Fund (IMF) debt continues to escalate to catastrophic levels. With Egypt topping the list of African countries heavily indebted …
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Latest NewsNewsRegional NewsTaxation
ATAF’s 2023 African Tax Outlook Highlights Tobacco Tax Landscape
The African Tax Administration Forum (ATAF) has released the 2023 edition of the African Tax Outlook (ATO). This flagship publication presents tax revenue and administration data from 36 participating African …
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The Government has been telling Ugandans that the economy has fully recovered from the economic shocks and crises such as COVID-19. This was first announced by Finance Minister, Matia Kasaija …
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By Hellenah Niwasiima According to the highlights from the latest State of the Economy Report, Uganda stands out with a story of resilience and strategic foresight amidst its economic uncertainties. …
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By Hellenah Niwasiima Uganda, with its youthful population and burgeoning entrepreneurial spirit, stands as a beacon of potential in East Africa. However, to harness this potential fully, the country needed …