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Muhakanizi Blames Gov’t Bosses For Disregarding His Advice On Budget Deficits

The Secretary to the Treasury, Keith Muhakanizi has blamed the perennial budget deficits facing the country on failure by top government officials from taking up his advice on management of the economy. Muhakanizi made the revelation on Thursday while appearing before the Parliament’s Finance Committee where he had been summoned

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FeaturedNewsPolitical Economy

2021 Elections: Museveni Set To Spend Over Shs700bn In Campaigns

Uganda may be headed for its most expensive campaign spending as long-serving ruler Yoweri Museveni (pictured) faces a pop star-turned politician in the February 2021 polls, an election monitoring group said. Presidential and parliamentary candidates are likely to spend more than the 2.4 trillion shillings ($655.6 million) that went toward

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FeaturedInternational NewsPolitical Economy

Museveni: ‘Taxing Production Is A Big Mistake, It Should Stop’

Uganda’s President Yoweri Museveni Tuesday officially opened the 4th International Conference on Tax in Africa (ICTA) and the African Tax Administration Forum’s 10th anniversary celebration at Serena Hotel in the Capital, Kampala. Themed “Innovation- Digitalization and Harnessing Technology to Improve Tax Systems”, the Conference attracted over 300 participants from 48

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FeaturedInternational NewsPolitical Economy

Argentina Gets New President Amid Economic Crisis

Centre-left opposition candidate Alberto Fernández has been elected president of Argentina in a vote dominated by economic concerns. Mr Fernández secured more than the 45% of the vote needed to win, beating conservative incumbent Mauricio Macri. Raucous crowds gathered at Mr Fernández's election headquarters to celebrate the result. The vote

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