Nairobi, Kenya | THE INDEPENDENT | East African member states have been challenged to transform their digital revenue collection to ensure compliance in Value Added Tax (VAT) payments and collection. Value-added tax (VAT) remains a major source of revenue in African economies. It has however been found that VAT …
Read More »Uganda, Tanzania, Zanzibar regulators sign oil cooperation memorandum
Entebbe, Uganda | THE INDEPENDENT | The Petroleum Authority of Uganda (PAU) has the signing a memorandum of Understanding (MOU) with Tanzania and Zanzibar to foster cooperation in oil and energy. The tripartite Memorandum of Understanding (MOU) was signed with the Zanzibar Petroleum Regulatory Authority (ZPRA) and the Petroleum Upstream …
Read More »Uganda’s vanilla exports double to $16.6 million in 2024
Kampala, Uganda | Xinhua | Uganda’s vanilla exports more than doubled in 2024, generating 16.6 million U.S. dollars in revenue, authorities announced Tuesday. Uganda exported 604 metric tonnes of vanilla in 2024, up from 266 metric tonnes the previous year, said Fred Bwino Kyakulaga, minister of state for agriculture, animal …
Read More »How digital innovation is transforming banking in Uganda
OPINION | Samir Yassine | Imagine opening a bank account in minutes, without stepping into a banking hall, queuing up, or filling out piles of forms. Just you, your phone, and a few taps. That’s the power of digital account opening—and if you haven’t tried it yet, you’re missing out …
Read More »Uganda gears up preparation for Rugby Africa Cup 2025
Kampala, Uganda | Xinhua | The Uganda Rugby Union (URU) has promised to host a successful Rugby Africa Cup of 2025. Uganda will host the tournament, also a World Cup 2027 qualifier from July 8-9 at the Nelson Mandela National Stadium in Kampala, capital of Uganda. Godwin Kayangwe, President of …
Read More »What the Auto-EPS debacle reveals about Uganda’s governance mindset
While policymakers point to timelines and legal frameworks to justify readiness, the public often experiences these reforms as impositions rather than collaborations. That Auto-EPS took two decades to materialise but still managed to catch its target population off guard is evidence of a hollow civic process, more internal than inclusive, …
Read More »MUSEVENI: Uganda capable of offering specialized military courses
JINJA, UGANDA | THE INDEPENDENT | President Yoweri Museveni has expressed the country’s capacity to train Uganda People’s Defense Forces-UPDF officers in all the internationally accredited military courses at the National Defense College-NDC, Njeru. Speaking during the graduation of senior military officers at the NDC, in Njeru municipality on Friday, …
Read More »Uganda’s exports grow by 27% in 12 months
KAMPALA, UGANDA | Xinhua | Uganda’s exports of goods and services grew by 27 percent in the 12 months ending in March, a senior government official said Thursday. Presenting the national budget estimates for the 2025/2026 financial year, Finance Minister Matia Kasaija said exports rose from 9.56 billion U.S. dollars …
Read More »Ggoobi says budget success will depend on discipline and consensus
Secretary to Treasury Ggoobi tips on building USD 500b economy Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance Permanent Secretary and Secretary to Treasury, Ramathan Ggoobi, has said that the journey to build a USD 500 billion economy by 2040 will come with several things that must be …
Read More »Uganda projects 7% economic growth for FY 2025/26
How the Uganda budget resource for FY2025/26 are allocated 1⃣ Wages & Salaries – Shs 8.57 trillion 2⃣ Non-Wage Recurrent Expenditure—Shs 28.33 trillion (includes operations, wealth creation funds, science & tech, education & health grants, medicines, infrastructure maintenance, and interest payments) 3⃣ Development Expenditure – Shs 18.24 trillion 4⃣ Domestic …
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