Uganda’s imports from the East African Community region decreased by 2.8% to USD 264.10 million in September 2024, down from USD 271.62 million the previous month. Exports to the region also declined by 1.0% from USD 197.23 million to USD 195.22 million over the same period.

The situation in Buwunga highlights a broader trend affecting coffee farmers across Uganda, where rising prices have made coffee not just a valuable crop but also a target for crime.

The Ugandan government has signed a €2.7 billion contract with Turkey's Yapı Merkezi for the construction of this railway section, with work expected to commence in November 2024 and conclude within four years.

To the Smart Life Flexi launch, NSSF is integrating educational programs designed to enhance financial literacy among the people of Uganda. These programs will be focusing on personal finance, including management, retirement, and investments, and ultimately empowering individuals with the knowledge they need to make informed financial decisions.

By conducting this study, the government aims to identify which tax exemptions are beneficial and which may need reform or elimination. This could lead to more informed policy decisions that balance fiscal responsibility with economic development goals.

The main goals of the modern incubation hub in Entebbe include fostering innovation, supporting startups, enhancing collaboration, capacity building, and commercialization, among others. 

The directive is in accordance with section 89(1) of the Tier 4 Microfinance Institutions and Money Lenders Act, which states that the maximum interest rate that a money lender shall charge on the principal or the actual sum of money advanced as a loan to a borrower is two point eight percent (2.8%) per month or thirty-three point six percent (33.6) per annum.