Finance

No self-respecting business person in Uganda will publicly admit that they pay bribes. It is illegal and certainly bad public relations. Although bribing is an added cost and a constant …

Government has revised the 2023/2024 financial year budget to Shs52 trillion from Shs51 trillion.  This was contained in the corrigenda to the budget for Financial Year 2023/2024 that was laid …

The East Africa Community Customs Management Act (EACCMA 2004) as revised in 2009, refers to smuggling as the importation, exportation, or transfer or removal of goods into or out of …

All passengers boarding-off at Entebbe International Airport are required to present themselves and their baggage in a baggage room for examination by the customs officials as provided for under Section …

According to the Stanbic Purchasing Managers Index (PMI), the start of the second quarter of 2023 saw a rise in employment as Uganda’s private sector recorded increased output and new …

In January, the Oil and Gas sector in Uganda launched oil drilling activities in the Kingfisher development area. This came a year after the announcement of the Final investment decision …

Prior to 1991, tax revenues remained significantly low and were inadequate to support the financing of government programs. The tax base was narrow and the tax to GDP ratio was …

The high Court has dismissed an application which sought to quash a Bank of Uganda directive that barred licensed entities and individuals from facilitating crypto transactions. In his ruling, Justice …

Parliament will start an inquiry into the circumstances under which the Minister of Energy and Mineral Development, waived taxes worth Shs616 billion on gold exports. The decision to start the …