Uganda’s Parliament has passed the Income Tax (Amendment) Bill, 2026, delivering a major boost to workers through changes in Pay As You Earn (PAYE) and reshaping the country’s tax system. At the center of the new law is a significant PAYE reform. The tax free threshold has been raised from UGX 235,000 to UGX 335,000…
Uganda’s proposed 2026 tax measures have ignited a sharp debate that extends far beyond fiscal policy. At the center lies a fundamental tension. How does a government expand its tax base in an economy where nearly 80 percent of citizens are classified as poor or vulnerable? Recent Minority Reports tabled in Parliament suggest that the…
Uganda’s Embassy in Beijing, in collaboration with the Consulate in Guangzhou, has welcomed a delegation of 40 prospective investors and industry representatives from China for the Uganda–China Coffee Investment and Destination Tour. The delegation, led by Mr. Wang Guiqing of the China Alliance for Corporate Social Responsibility Overseas, was received at Entebbe International Airport by…
The Uganda High Commission in Ottawa is currently hosting a Canadian tourism delegation on a 10-day Familiarisation (FAM) mission aimed at promoting Uganda as a leading travel destination. On the third day of the programme, the delegation participated in gorilla trekking in Uganda’s protected wilderness areas, where they came face-to-face with mountain gorillas in their…
Parliament is considering a package of tax, trade, and budget amendments proposed by the Minister of Finance, Planning and Economic Development for the 2026/27 financial year. The measures, which would take effect on 1 July 2026 if approved, are contained in several amendment bills currently before Parliament of Uganda. The proposals affect small businesses, taxpayers…
Uganda’s economy is gaining impressive momentum, with fresh data from the Uganda Bureau of Statistics painting a picture of strong growth, rising exports, and renewed business confidence tempered by emerging fiscal pressures. Economy accelerates to 8.5% growth Preliminary estimates show that Uganda’s economy expanded by 8.5% in the second quarter of FY 2025/26, a sharp…
Uganda’s economic outlook for 2026 remains firmly positive, with strong growth momentum, stable inflation, and rising investor confidence shaping the country’s financial trajectory, according to the February 2026 Monetary Policy Report. The Bank of Uganda (BoU) has opted to maintain the Central Bank Rate at 9.75%, signaling a cautious but confident approach as the economy…
Prudential Uganda has introduced a mobile money payment option that allows customers to pay life insurance premiums instantly via Airtel Money, marking a shift toward digital insurance transactions in Uganda. The service, developed in partnership with NxtPe, enables policyholders to complete payments directly from their mobile wallets, with transactions reflecting in real time. The move…
The Embassy of the Republic of Uganda in Beijing has hosted the Uganda–China (Changsha) Agricultural Trade and Investment Forum, bringing together top officials, investors, and business leaders to strengthen bilateral economic cooperation. Held on March 19, 2026, in Changsha, the forum ran under the theme “Cultivating Partnerships for Prosperity” and focused on expanding trade and…
Moscow, Russia — Uganda attracted strong interest from visitors and travel companies during the Moscow International Travel and Tourism Exhibition (MITT), where the country promoted its tourism offerings to the Russian market. The Ugandan stand drew significant attention from prospective tourists, tour operators and travel agencies attending the event. On the third day of the…
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