Kampala, Uganda | THE INDEPENDENT | Uganda’s economy reportedly loses billions of dollars annually due to reduced productivity, according to various reports. A major contributor to this loss is traffic congestion. A World Bank report estimates that at least US$800 million—equivalent to nearly 3 trillion Ugandan Shillings—is lost each year as commuters …
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Kampala, Uganda | THE INDEPENDENT | Secretary to the Treasury Ramathan Ggoobi has said Uganda’s economy is back on track, and indications are of even stronger growth in the coming years. He said this as he announced today that government has released Sh5.899 trillion, representing 21.3% of the discretionary budget, …
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Kampala, Uganda | THE INDEPENDENT | Government revenues – taxes, grants and non-tax revenues – suffered the hardest beating in April falling below target by a whopping 789.8 billion Shillings, the clearest indicator of how the coronavirus has battered the Ugandan economy. According to the Ministry of Finance Performance of the …
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The Independent Uganda: You get the Truth we Pay the Price
