Tax payment reminders sent via text message to liable individuals increased the likelihood that the respondent would comply and pay their tax, with punishment-themed messages the most effective
Stanbic Bank said trading gains from debt securities holdings fuelled its profits rebound last year, but a slowdown in economic activity weighed on other revenue streams
Umeme Limited pointed to an increase in electricity sales and customer connections as the power distributor returned to year on year revenue and profits growth in 2021
In February, East African Community ministers recommended the Democratic Republic of Congo’s admission. The decision is set to be formalised by the bloc’s presidents on 29 March
Climate change will have a significant impact on Uganda’s economy, which is over-reliant on natural resources. Primary sectors such as agriculture, water, energy, and fisheries are highly vulnerable
Prudential Uganda won three awards at the second edition of the Insurance Innovation Awards organised by the Insurance Regulatory Authority of Uganda. They include the most innovative life insurance product, most innovative insurance agent, and the overall judges special award
Rwanda has now fully reopened the Gatuna border with Uganda, ending a three-year impasse. But the issue is not yet a settled matter
Uganda’s largest telecom company MTN Uganda reported a gain in full-year profit on the back of a jump in data revenue and moderated growth in operating expenses
Uganda’s merchandise trade deficit increased at the fastest rate in seven months in January as goods exports fell while inbound shipments rose for the first time since July 2021
Private sector activity expanded in February, accelerating the most in nine months after the phased removal of pandemic restrictions, but a rise in input and labour costs saw companies raise output prices yet again