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    Matia Kasaija

    Financing Uganda’s 10x Dream: Tax Squeeze, Rising Disputes, and Tax Appeals Tribunal Under Pressure

    CEO East Africa MagazineThe Big StoryOctober 10, 2025October 16, 2025

    By CEO East Africa Magazine Team Uganda’s ambition is bold: to grow its economy tenfold, moving millions out of poverty and cementing its place among Africa’s rising stars. The 2025/26…

    Despite strong export growth, Uganda consistently runs a trade deficit, spending more on imports than it earns from exports. But the balance varies sharply depending on the country and region.

    Who are Uganda’s True Trade Partners?

    CEO East Africa MagazineThe Big StorySeptember 29, 2025October 7, 2025

    For decades, Uganda’s trade story has been defined by its deepening integration into regional markets, rising dependence on Asia, and enduring ties with Europe. But when you look past the…

    Whereas banks present a picture of profitability and highly liquid, credit expansion remains weak, and the little lending that takes place is concentrated in consumption and real estate.

    Uganda’s Banking Paradox: Strong, Profitable, and Liquid but Failing to Power Productive Growth

    CEO East Africa MagazineBanking & Financial ServicesThe Big StorySeptember 29, 2025October 7, 2025

    Uganda’s banking sector has never been stronger on paper. And the Bank of Uganda’s latest Financial Soundness Indicators show why. Banks, the indicators show, are heavily capitalized, flush with liquidity,…

    The business climate in August 2025 was defined by steady growth and bright expectations for the months ahead, set against the backdrop of tight credit, liquidity pressures, and rising costs.

    Uganda’s Business Confidence Index: Optimism Holds, But Strains Emerge Beneath the Surface

    CEO East Africa MagazineThe Big StorySeptember 28, 2025October 7, 2025

    The private sector entered August on a cautious but hopeful note. Two major business surveys show that while the economy remains on a growth path, financial strain and weak present…

    Businesses dealing in wholesale and retail fuel, mining and quarrying, manufacturing and utilities, have to use EFRIS, whether or not registered for VAT.

    URA’s EFRIS Expansion and the Future of Tax Compliance in Uganda

    Jeff WintersThe Big StoryAugust 20, 2025August 20, 2025

    On July 25, the Uganda Gazette carried General Notice No. 2218 of 2025, signaling a shift in the approach to tax compliance and digitization. The notice indicated that Uganda Revenue…

    URA beat its revenue target for the 2024/25 financial year by UGX174.11 billion, collecting a record Shs31.54 trillion—a 100.54 percent performance.

    URA surpasses target with UGX31.5 trillion haul, eyes digital future

    Editorial, CEO East AfricaBanking & Financial ServicesNews & AnalysisJuly 7, 2025July 7, 2025

    In a fiscal climate where many economies are gasping under debt and tax collection fatigue, Uganda Revenue Authority (URA) has pulled off a remarkable feat. It has beaten its revenue…

    Left-Right: Finance Minister Matia Kasaija, Bank of Uganda Governor Michael Ating-Ego, and Lawyer Silver Kayondo. The Finance Ministry and Bank of Uganda maintain that cryptocurrencies are not legal tender in Uganda. Kayondo’s attempt to find legal means of regularizing cryptocurrency through the court was dismissed.

    Uganda Sits on a Trillion Shilling Crypto Market – But Without Rules, Clarity or Direction

    CEO East Africa MagazineThe Big StoryJuly 1, 2025July 1, 2025

    Imagine a young software developer in Kampala. He’s just finished building a smart-contract application that could help farmers track produce payments without relying on brokers. He’s hopeful, energized, but frustrated….

    Kiira Motors has signed Letters of Intent with Nigeria for over 3,000 buses and Tanzania for 100 units. But without sufficient production, these deals are nothing more than theoretical lifelines.

    Underwhelming Returns: With a Target of UGX197b, Kiira Motors Only Earned UGX2.3b in the 2023/24 Financial Year, Which is Just 1.2%

    CEO East Africa MagazineBusiness & MarketsNews & AnalysisThe Big StoryJune 23, 2025June 23, 2025

    In Uganda’s long journey toward industrial self-reliance, Kiira Motors Corporation (KMC) stands as a symbol of ambition: a state-owned automaker daring to challenge a global industry from the heart of…

    In his response to audit queries, Benson Turamye (right) reported unmet targets as realized, which Auditor General Edward Akol (left) considered a misrepresentation of the issues.

    Caught offside: Auditor General Tells Benson Turamye’s PPDA to Stop Misreporting on Unmet Targets

    CEO East Africa MagazinePolitics & GovermentThe Big StoryJune 13, 2025June 13, 2025

    When the authority responsible for procurement and disposal of public assets falters in its duties, the impact doesn’t just stay within its walls – it ripples dangerously through the economy,…

    Wendi, PostBank’s Mobile Wallet Hits Over 1 million Users thanks to its 10% Annual Interest Incentive

    Paul MurungiCompany NewsNews & AnalysisTechnology & InnovationMay 8, 2025May 8, 2025

    In 2023, PostBank Uganda (PBU) launched an innovative digital wallet called Wendi. The mobile wallet was designed to foster prosperity for Ugandans by bridging the financial inclusion divide and extending…

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    Latest Stories

    • Ibrahim Kaddunabbi Lubega has led Uganda’s Insurance Regulatory Authority since 2010, overseeing the sector’s growth from UGX 240 billion to over UGX 2 trillion. His long tenure has brought stability and expansion, but now faces scrutiny as questions emerge over term limits and the future leadership of the Authority.
      Who Will Be the Next Insurance Regulatory Authority CEO: Or Will Lubega Be Granted a Fourth Term?
      by Jeff Winters
      April 20, 2026
    • Victoria University Appoints Meera Ruparelia to Council, Signalling a New Era of Leadership
      by CEO East Africa Magazine
      April 20, 2026
    • Uganda Airlines Restores Airbus A330-800neo to Service, Boosts Dubai Flights After Fleet Disruptions
      by Paul Murungi
      April 20, 2026
    • Strengthening Governance and Environmental Responsibility: The 2026 Tax Procedure and Miscellaneous Bills
      by CEO East Africa Magazine
      April 20, 2026
    • When the Phones go off: How Power Shortages are Undermining Uganda’s Digital Economy
      by Paul Murungi
      April 19, 2026
    • Ugandan Banks Reject Sovereignty Bill, Cite Seven Grounds 
      by Paul Murungi
      April 18, 2026
    • UNOC’s Big Leap: Profits, Pressure, and the Race Against Time 
      by CEO Reporter
      April 18, 2026
    • Uganda Clays has returned to profit, but its recovery remains fragile. Thin margins, weak cash flows, and a UGX 23.6 billion NSSF loan, partly unsecured, highlight underlying risks. As repayments loom in 2028, the company’s ability to sustain growth and meet its obligations will be the true measure of its turnaround.
      Deferred Strength: Uganda Clays’ Fragile Recovery and the UGX 23.6b NSSF Exposure
      by Muhereza Kyamutetera
      April 18, 2026
    • Victoria University Named Among Nine Accredited to Train Pharmacists as PSU Tightens Standards
      by CEO East Africa Magazine
      April 18, 2026
    • FIA Executive Director Samuel Were Wandera and Justice Bonny Isaac Teko stand at the center of Uganda’s evolving anti-money laundering landscape, where assertive enforcement meets judicial insistence on due process, highlighting a system striving to balance swift intervention with evidence, oversight, and timely, lawful case resolution across institutions and sectors.
      79% of Cases Unfinished: Inside the Financial Intelligence Authority’s Fragile Fight Against Money Laundering
      by Muhereza Kyamutetera
      April 18, 2026

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