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IMF Commends Uganda’s ‘Good Track Record Of Maintaining Macroeconomic Stability ‘

The International Monetary Fund (IMF) has applauded Uganda for its good track record of maintaining macroeconomic stability. This revelation is contained in IMF’s Country Report about the recently approved US$491.5 Million (Shs1.8 trillion) disbursement to Uganda to address the COVID-19 Pandemic. IMF Staff agree that the COVID-related fiscal measures are

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AgribusinessAnalysis & OpinionsEntrepreneurshipFeatured

Agriculture, SMEs Worst Hit By COVID-19 Lockdown-Report

COVID-19 pandemic and subsequent lockdown has reduced business activity in Uganda by more than 50 percentage points, a report by the Economic Policy Research Centre (EPRC)’s business climate index (BCI) has revealed. According to the report, sectoral analysis shows that businesses in agriculture experienced the largest decline in business activity

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URA Nabs Four Manufacturers Flouting Digital Tax Stamps Protocols During Lockdown

Government introduced Digital Tax Stamps, a measure purposed to enhance tax compliance and to ensure that the Ugandan market has only authentic manufactured or imported products.  Introduced in November 2019, manufacturers and importers are required to affix digital tax stamps onto every product manufactured or imported before distribution into the

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