Will UGX72.4 trillion budget spur sustainable growth?
Finance Minister Matia Kasaija has presented the national budget amounting to UGX 72.4 trillion (approximately USD18.8 billion), underscoring the government’s strategic…
Section
Economy
Growth, budgets, inflation, tax and public policy.
Uganda’s exports revenues soar to $11.8 billion
Uganda’s export sector has registered remarkable growth, with total exports of goods and services reaching USD 11.8 billion (UGX 45.4 trillion) in the 12 months to March…
Ensure fiscal discipline, civil society tells Government
As Finance Minister Matia Kasaija prepares to unveil Uganda’s national budget on June 12, civil society organizations (CSOs) are intensifying calls for greater fiscal…
May inflation up to 3.8% as food prices surge
Uganda’s Annual Headline Inflation rose to 3.8% in the 12 months ending May 2025, up slightly from 3.5% in April 2025, according to the latest Consumer Price Index (CPI)…
Central bank maintains key rate at 9.75%
The Monetary Policy Committee of the Bank of Uganda has decided to keep the Central Bank interest rate at 9.75% for May.
Central bank maintains key rate at 9.75%
The Monetary Policy Committee of the Bank of Uganda has decided to keep the Central Bank interest rate at 9.75% for May. The decision highlights the Central bank’s…
Government releases UGX19.79 trillion for Q4
Government of Uganda has strategically released UGX 19.79 trillion for the fourth and final quarter (April-June 2025) of the Financial Year 2024/25. The capital…
Money laundering, financial crime worries regional States
In a resounding declaration aimed at securing regional financial stability, the Government of Uganda has pledged support for initiatives battling money laundering and…
France offers UGX 340 billion for clean water
Uganda has secured €85 million (about UGX 340 billion) from the Government of France to enhance water infrastructure and urban development in the Greater Kampala…
Business sector rebounds in February – Stanbic report
Uganda’s private sector showed signs of recovery in February, after a temporary slowdown at the start of the year, the Stanbic Bank Purchasing Managers’ Index (PMI) has…
Expert warns as February inflation rate doubles
Uganda’s monthly headline inflation surged to 0.6% in February 2025, doubling from 0.3% in January, according to the latest data from the Uganda Bureau of Statistics…
Coffee, minerals spur Uganda’s exports in December
Uganda’s export sector recorded impressive growth in December 2024, with merchandise exports increasing by about 14% according to the January 2025 Performance of the…
GROW: Low funds uptake irks Auditor General
The Auditor General has raised concerns about the Generating Growth Opportunities and Productivity for Women Enterprises (GROW) project, a key initiative aimed at…
New URSB initiative to improve business survival
The Uganda Registration Services Bureau (URSB) has launched an initiative whose objective is to equip entrepreneurs and corporate entities with essential skills in…
URA sees 10% reduction in tax objection cases
The Uganda Revenue Authority (URA) has reported a 10% decline in tax objections filed during the 2023/2024 financial year – reducing from 45% to 35%.
Debt Crisis: Experts want urgent reforms
Standing at UG 96.1 trillion ($25.3 billion) as of June 2023, Uganda’s debt burden is approximately 52% of the country’s GDP. This debt comprises UGX 44.6 trillion in…
Museveni woos Arab Emirates investors to Uganda
President Yoweri Kaguta Museveni has extended a call to global investors, particularly those in the United Arab Emirates (UAE), to seize lucrative opportunities in…
What President Museveni said in Abu Dhabi
President Museveni has been in Abu Dhabi for the Sustainability Week 2025. This is an abridged version of his speech at the event.