GOVERNMENT SPENT MORE THAN IT’S TAX COLLECTION
The government operations in the first quarter of this year were a mixture of fortunes, but at the end of the period, it recorded a much lower net borrowing (deficit)…
Tayebwa assures tourism sector of increased funding
Deputy Speaker, Thomas Tayebwa has pledged enhanced government commitment to Uganda’s tourism sector vowing increased funding and prioritisation to transform it into a key economic driver. Speaking as the chief…
URA engages stakeholders on new return filing reforms
Uganda Revenue Authority (URA) recently met with Tax Agents and Accountants today to discuss the new reforms in filing income tax returns and the tax waiver. Section 16(5) of the…
MALABA-KAMPALA STANDARD GAUGE RAILWAY (SGR) TO COST SHS10.8 TRILLION
THE Government of Uganda has signed a contract with a Turkish construction firm, Yapi Merkezi to build a 273 kilometer Standard Gauge Railway (SGR) between Malaba and Kampala, at a…
44th World Food Day Celebrations, NaSSARI
Vice President Jessica Epel Alupo issued a powerful call to action for sustainable agriculture in Uganda, emphasizing its crucial role in achieving food security amidst the growing challenges of climate…
Tayebwa pledges support to manufacturing sector
Government is committed to supporting the manufacturing sector especially through legislation and policies that will provide a more conducive investment environment. According to the Deputy Speaker, Thomas Tayebwa, government will…
UGANDA’S EFFORT TO MEET VISION 2040 POWER TARGET
The commissioning of the Karuma Hydropower Station brought to completion a long-promised government delivery of a mega power plant that would come with benefits like increased access, stability and affordability.…
NIGERIA TO IMPORT UGANDA’S MILK AND COFFEE
Nigeria has committed itself to importing Uganda’s processed milk and coffee, following discussions between President Yoweri Kaguta Museveni and former Nigerian President, H.E. Olusegun Obasanjo. The announcement came during Obasanjo’s…
UGANDA AIRLINES TO FLY TO UAE
Uganda Airlines, officially known as Uganda National Airlines Company, is Uganda’s national carrier. It is a revival of the former Uganda Airlines, which operated between 1977 and 2001. The current…
KABWOYA-BUHUKA ROAD UPGRADE COMMENCES, SET TO BOOST OIL PRODUCTION AND ECONOMY
The Uganda National Roads Authority (UNRA) has commenced civil works on the Kabwoya-Buhuka road, a critical oil road, in preparation for oil production in the Bunyoro sub-region. The 43km asphalt…