Musasizi Says Uganda Will Pursue Resilient Economic Growth Amid Debt Pressures Bangkok, Thailand I URN | Uganda will continue investing strategically and implementing economic reforms to withstand global economic shocks, Finance Minister Henry Musasizi has said, as rising public debt-servicing costs put pressure on government revenue. Musasizi, …
Read More »
Bangkok, Thailand | NEWS CORRESPONDENT | Uganda has offered Thai investors 10-year tax holidays, full foreign ownership of their businesses and unrestricted repatriation of profits, as the East African country tries to attract Southeast Asian capital to its farms, factories, mines and tourism sector. Ugandan officials made the offer …
Read More »
New faciliteis to strengthen delivery of Uganda’s development finance mandate Kampala, Uganda | THE INDEPENDENT | Uganda Development Bank (UDB), Uganda’s national Development Finance Institution, has commissioned UDB Tower, its new 14-storey head office located at Plot 22, Hannington Road in Kampala. Officials said the commissioning marks a …
Read More »
Kampala, Uganda | JULIUS BUSINGE | Henry Musasizi, the minister of finance planning and economic development has challenged accountants to move beyond traditional financial reporting and become strategic partners in safeguarding public resources, strengthening fiscal discipline and improving economic decision- making. Musasizi said accountants have a critical responsibility to ensure public …
Read More »
Kampala, Uganda | URN | The Ministry of Finance has clarified the criteria and procedure taxpayers must follow when seeking remission of tax liabilities, stressing that the measure is reserved for exceptional circumstances and is not intended to shield businesses from ordinary tax obligations. Finance Minister Henry Musasizi told Parliament …
Read More »
The government unveiled a record Shs84.4 trillion spending plan; Ordinary people to shoulder costs through pricier fuel, sugar and secondhand apparel COVER STORY | JULIUS BUSINGE | Uganda’s national budget for financial year 2026/27 marks a clear shift in economic emphasis, moving from a broad-based wealth creation agenda …
Read More »
COMMENT | Morrison Rwakakamba | Uganda stands at a rare inflection point in its development trajectory. With commercial oil production scheduled to commence later this year and a fresh electoral mandate secured, the national budget for the 2026/27 financial year offers more than another round of incremental spending. It attempts …
Read More »
Kampala, Uganda | URN | State Minister of Finance Henry Musasizi has issued a stern warning against any acts of sabotage targeting the anticipated iron ore factory in Rubanda District. Musasizi, who also serves as the Member of Parliament for Rubanda East, made the statements following reports of a fierce …
Read More »
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 …
Read More »
Rubanda, Uganda | URN | The government is set to enhance salaries of arts teachers at the beginning of the next financial year. State Minister of Finance Henry Musasizi revealed there is a discussion going on to make it possible to have the salaries of the arts teachers enhanced to …
Read More »
The Independent Uganda: You get the Truth we Pay the Price
