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Uganda needs a binding EITI law-now

With billions of dollars at stake, voluntary transparency is no longer enough to guarantee accountability or protect citizens’ share of resource wealth   COMMENT | GARD BENDA | Globally, billions of dollars are lost each year due to weak transparency and accountability in the extractive sector. Estimates suggest that as much …

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The good and bad 2026/27 govt tax plans

Kampala, Uganda | URN | The business community, economists and civil society have hailed Government on the proposed tax measures for 2026/2027, but say some are detrimental. According to the budget proposals tabled by the Ministry of Finance, Planning and Economic Development before parliament on Wednesday, the total resource envelop …

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Tackling tax burden to match expanding taxpayer register

Kampala, Uganda | URN | The recently circulated information that the government planned to raise income tax (Pay-as-You-Earn), later dismissed as false, reignited debate over Uganda’s tax system which overburdens a few and leaves out the majority. ‎‎‎Ugandans, especially taxpaying citizens, are always worried about the next budget introducing new …

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CMA’s 30 Years: Shs8 trillion in capital, savings

Kampala, Uganda | URN | Some 30 years ago The Capital Markets Authority of Uganda was established, paving the way for the first stock market activity in Uganda in January 1998, when the Uganda Securities Exchange (USE) opened for trading. While CMA is the regulator, USE is the market place …

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Entrepreneur Benard Feni recognized for innovation and community impact

Kampala, Uganda | THE INDEPENDENT | Ugandan entrepreneur Benard Feni has been recognised for his contribution to innovation, enterprise development, and community empowerment, as Uganda’s private sector continues to position itself within the country’s broader industrialisation and value-addition agenda. Feni, founder and chief executive of Euro Gold Refinery and head of the …

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Afreximbank 33rd Annual Meetings to boost intra-African trade

  The 2026 forum comes as African economies confront global uncertainty, protectionist pressures, and shifting trade alliances   Cairo, Egypt | THE INDEPENDENT | Africa’s African Export-Import Bank is positioning its 33rd Annual Meetings (AAM2026), scheduled for June 21–24 in El Alamein, Egypt, as a catalyst for regional trade and …

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