Kampala, Uganda | URN | Uganda may soon establish mineral markets as part of the efforts to ensure that the minerals produced in the country benefit the economy and Ugandans in general. While the country is endowed with vast mineral resources, including gold, lithium, copper, and rare earths, among others. …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »Africa faces fuel, food price shock as Hormuz disruption deepens
Kampala, Uganda | URN | The Africa Supply Chain Confederation says the continent is bracing for rising fuel and food prices following the escalating disruptions in the Strait of Hormuz. This critical global oil transit route has been partially blocked due to the war in Iran. Ronald Mlalazi, the Confederation’s …
Read More »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 …
Read More »UN Women and Equity Bank Uganda partner to advance women’s economic empowerment
Kampala, Uganda | NEWS CORRESPONDENT | UN Women and Equity Bank Uganda Limited have today signed a significant collaboration agreement aimed at advancing women’s economic empowerment, expanding access to inclusive financial systems, and promoting sustainable livelihoods across Uganda. The agreement, signed at Equity Bank’s boardroom at Church House on Kampala …
Read More »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 …
Read More »As petrol shoots past sh5,300, energy officials say Uganda has fuel reserves to run to May
Kampala, Uganda | URN | Uganda has sufficient fuel reserves to last into late May, the government has announced, dismissing widespread social media claims of an impending shortage. In a joint statement issued Tuesday, the Ministry of Energy and Mineral Development and the Uganda National Oil Company (UNOC) described the circulating …
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The Independent Uganda: You get the Truth we Pay the Price