The East African Community aims to introduce a common currency by 2031, contingent on successful fiscal and monetary policy harmonization. East African Affairs Minister Rebecca Kadaga highlighted ongoing progress while noting delays in political integration.
For the first time, the Best Farmers will exhibit as a coalition at the 2025 Harvest Money Expo, showcasing their collective achievements and advocating for agricultural development.
Uganda saw a 25.4% increase in foreign direct investment (FDI) during the first quarter of the 2024/25 financial year, driven by political stability, improved economic conditions, and stronger institutional frameworks.
The French Government has unveiled an ambitious plan to invest 4 billion dollars, roughly 15 trillion Ugandan shillings, into Uganda over the next three years revealed by the French Embassy in Kampala.
Uganda will participate in the East Africa Trade and Investment Expo in Muscat, Oman, on April 16–17, 2025, to strengthen trade and investment ties with Oman. The Expo will showcase key sectors such as agriculture, manufacturing, energy, and technology.
Uganda’s Chief of Defence Forces, Gen. Muhoozi Kainerugaba, met with Ghana’s newly elected President, John Mahama, in Entebbe.The meeting focused on strengthening Pan-African cooperation, with discussions on enhancing economic integration between East and West Africa and developing strategies to protect the continent from emerging global power competition.
Col. Edith Nakalema, head of the State House Investors Protection Unit, held discussions with the Indian Business Forum led by Director General Rajesh Kumar to promote investments in Uganda. Nakalema emphasized SHIPU’s commitment to a transparent, fraud-free investment environment and introduced the Uganda Electronic Investors Protection Portal to streamline processes.
John R. Musinguzi, Commissioner General of the Uganda Revenue Authority, highlighted the transformative role of the Electronic Fiscal Receipting and Invoicing Solution in improving Uganda’s Tax-to-GDP ratio.
Savings and credit co-operative societies (SACCOs) in the regions of Ankole and Kigezi, among others, have been urged to ensure compliance with the Financial Intelligence Authority (FIA) requirements to avoid heavy penalties. Savings and credit co-operative societies (SACCOs) in regions such as Ankole and Kigezi have been advised to adhere to the Financial Intelligence Authority […]
Uganda’s Foreign Affairs Minister, Gen Odongo Jeje Abubakhar, urged the immediate implementation of UN Security Council Resolution 2719 to fully finance the African Union Support and Stabilization Mission in Somalia (AUSSOM) starting January 1, 2025. The Minister of Foreign Affairs, Gen Odongo Jeje Abubakhar, has stressed the need for the immediate and full implementation of […]
