Uganda Losing Taxes to Illegal Motorcycle Trade

Uganda is grappling with rampant smuggling of motorcycles from the Democratic Republic of Congo; the motorcycles are brought in through illegal routes on Lake Albert.The illegal trade sees several motorcycles enter Uganda through the districts that bor…

Uganda: Kampala Residential Property Prices Drop

The value and price of residential and rental properties in the Greater Kampala Metropolitan Area fell in the period ended September, according to Uganda Bureau of Statistics (Ubos).The fall, Ubos said, was occasioned by slowed activity in the general …

Uganda: Exports Rebound After Three Months of Decline

Export earnings have rebounded after three months of recording a decline. Earning, mainly from coffee, fish, flowers and cement, some of which had experienced some volatility, recovered during the period ended June to fetch Uganda growth of at least Shs172b. According to data from Bank of Uganda, Uganda exported goods worth $337m (Shs1.2 trillion) up […]

“Banking must be supervised by Finance,”

STATE HOUSE, ENTEBBE: President Yoweri Kaguta Museveni has cautioned the Parliamentary committee on Finance, Planning and Economic Development to first weigh and analyze the advantages and disadvantages of the NSSF Amendment Bill 2019 to the Fund, Government and the members (savers) before they make a decision.   The President yesterday met the Finance Committee of Parliament […]