Economy

As part of a concerted effort to crack down on tax evasion and illicit wealth, banks have initiated the sharing of information about foreign account holders with the Kenya Revenue...

In an inspiring display of resilience and entrepreneurial spirit, Uganda has witnessed a significant surge in new company registrations, overcoming the economic difficulties that have plagued the nation. The Uganda...

Thomas Tayebwa, the Deputy Speaker of Parliament, has instructed the Ministry of Education and Sports to implement strict penalties against schools that are imposing excessively high fees. This directive comes...

UNBS Directs Neighboring Fuel Stations in Uganda to Merge for Compliance and Efficiency The Uganda National Bureau of Standards (UNBS) has introduced a directive that will significantly impact the layout...

During the parliamentary caucus of the National Resistance Movement (NRM) MPs, President Yoweri Museveni advocated for the support of a comprehensive merger of over 30 government agencies. The President highlighted...

The New Vision Printing and Publishing Corporation Ltd, grappling with financial struggles, acknowledges that these challenges are likely to endure, according to CEO Don Wanyama. Despite four years passing since...

The Uganda Revenue Authority (URA), tasked with tax collection, successfully recovered 9 billion Ugandan shillings from smuggling seizures across nine districts in Eastern Uganda. This revelation was made on February...

The NRM parliamentary caucus, under the leadership of President Yoweri Museveni, has resolved to do away with some of government agencies with the goal of curbing public expenditures. The focal...

A joint report by Global Financial Integrity and ACODE has estimated an annual loss exceeding Shs 2 trillion for the country due to Illicit Financial Flows (IFFs). Illicit Financial Flows,...

A section of legislators has implored the government to exploit Uganda’s rejuvenated ties with Democratic Republic of Congo to write off the USD 325m debt which the International Court of...