Helena Mayanja, Head of Corporate Affairs & Sustainability at dfcu Bank For 6 decades, dfcu Bank has played a pivotal role in Uganda’s economic transformation, empowering businesses, individuals, and communities. Now, the bank is bringing its vision to life through dfcu Jazz in the Pearl, a world-class jazz concert happening
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Finance Minister, Matia Kasaija A recent decision by United States President Donald Trump to impose global trade tariffs has sparked concern within Uganda’s Parliament, raising questions about the potential impact on the country’s economy and its 2025/26 national budget. During a session between Parliament’s Finance Committee and the Ministry of
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Kadugala SS Officials receiving the Shs4m support from Peace Ayebazibwe (Right), the Executive Director of Housing Finance Bank. Access to clean drinking water remains a significant challenge in Uganda, particularly for schoolchildren in underserved areas. According to UNICEF, approximately 30% of Ugandans lack access to safe drinking water, with schools
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Lake Victoria waters have turned green in some areas The Ministry of Water and Environment has revealed the main cause behind the foul smell coming from Lake Victoria. This comes after residents surrounding the lake raised concerns about the foul smell coming from Lake Victoria after its waters turned green.
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Ministers of State (L-R): Chrysostom Muyingo (Higher Education), Amos Lugoloobi (Planning) and Peter Ogwang (Sports) appearing before the Committee on Education on Thursday 3 April 2025 Uncertainty over the implementation of the new Advanced level (A- level) school curriculum will soon end, after the Ministry of Finance, Planning and Economic
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Traders in Kikuubo, a busy business hub in the heart of Kampala Government is proposing offering tax exemption to startup businesses so as to encourage them to grow. The revelation was made by Henry Musasizi, Minister of State for Finance while appearing before Parliament’s Finance Committee to present the seven
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Henry Musasizi, Minister of State for Finance Government has also moved to streamline the penalties governing Electronic Fiscal Receipting and Invoicing System (EFRIS) by dropping the Shs6M fine imposed on non-compliant taxpayers, and instead have the traders pay twice the amount of tax they owe. The revelation was made by
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ICT and National Guidance Minister, Chris Baryomunsi (left) leads the Ministry team before the House Committee on ICT on Thursday 3 April 2025 Government is moving to revitalise the Uganda Telecommunications Corporation (UTel), after it secured investment commitments from Rowad Capital Commercial LLC (RCC), a United Arab Emirates (UAE) company.
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Government through the Ministry of Finance has proposed to increase taxes on cigarettes and beers manufactured from local raw materials in order to generate Shs19.40Bn. Government argues that it has been under pressure from players in the health sector to have the tax on tobacco increased so as to reduce
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Christopher Legilisho, Economist at Stanbic Bank Strong demand conditions drove growth in input buying, as firms stocked up amid anticipation of more upturns in activity later in the year, slightly lifting the monthly Stanbic Purchasing Managers’ Index (PMI). The headline Stanbic PMI rose to 52.9 during March, up from 52.6
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