Finance ministry figures released on April 9 show fourth-quarter disbursements of Shs17.444tn, lifting total releases to Shs77.001tn—106.4% of the approved budget and 95.1% of the revised plan Kampala, Uganda | JULIUS BUSINGE | The government has released more funds than initially approved for the current financial year ending …
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Mobile money operators also highlighted the effect of digital transaction taxes on usage, noting that higher costs are already prompting some consumers to revert to cash Kampala, Uganda | JULIUS BUSINGE | Uganda’s proposed tax measures for the 2026/27 financial year have drawn criticism from civil society groups, …
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Inside the 2026/27 revenue push, public pushback, and the battle over fairness NEWS ANALYSIS | RONALD MUSOKE | On April 2, Henry Musasizi, the Minister of State for Finance (General Duties), presented a raft of tax proposals to Parliament to finance a proposed Shs 84 trillion budget for the 2026/27 financial …
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The cuts are brutal. But with a $1 billion funding gap in 2026, there remain uncertainties ahead Geneva, Switzerland | THE INDEPENDENT & AGENCIES | The World Health Organization will lose a significant number of its global staff by June 2026, after months of a painful reorganization process in response to significant donor …
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COMMENT | DR JEANPO OLOWO | In every organisation, procurement is the lifeblood that keeps operations flowing. It’s normally 80 per cent of the total financial budget. It determines whether projects succeed, supplies arrive on time, and resources are used efficiently. Yet beneath the surface of many institutions—public and private alike—lurks …
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Luanda Summit signals a historic shift toward continental self-reliance in development funding NEWS ANALYSIS | RONALD MUSOKE | In Luanda, the Angolan capital, where the Atlantic Ocean breeze carries both the promise of prosperity and the weight of unmet potential, African leaders gathered there recently for a defining conversation about the …
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Kampala, Uganda | THE INDEPENDENT | The Uganda Green Enterprise Finance Accelerator (UGEFA) has announced a landmark partnership with Housing Finance Bank aimed at expanding access to finance and business support for environmentally sustainable enterprises across the country. This collaboration marks a significant milestone in efforts to foster …
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Harnessing institutions to build confidence, capital, and inclusive growth Kampala, Uganda | Julius Businge | Africa stands at a historic crossroads. For decades, the continent’s growth narrative has been tied to foreign aid and volatile international capital flows, leaving many of its economies vulnerable to global shocks and unsustainable debt cycles. …
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ADDIS ABABA, ETHIOPIA | Xinhua | African Group of Negotiators (AGN) and the Pan African Climate Justice Alliance (PACJA) have called for a reframing of global climate action to be science-driven and responsive to Africa’s growing vulnerability to climate change. Speaking at the 13th Conference on Climate Change and Development …
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Explore Digital Banking, Cross-Boarder Transfers and Investment at the Equity Bank Booth New Orleans, US | THE INDEPENDENT | Equity Bank is set to showcase tailored financial solutions for Ugandans in the diaspora at this week’s Uganda North America Association Convention in New Orleans. The Bank, which is one of the convention …
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The Independent Uganda: You get the Truth we Pay the Price
