No More Income Tax: Moms with Two or More Kids...
A law was passed on April 29, 2025, in Hungary, exempting women with two or three children from income tax to combat population decline. This measure, championed by Prime Minister...
Business and Economy
Uncover valuable insights on economic trends, shifts in financial markets, and the latest business news from around the world, keeping you informed on the forces shaping the global economy.
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President Museveni bans Export of Unprocessed Raw Materials
In a landmark move to transform Uganda’s economy, President Yoweri Kaguta Museveni has announced a comprehensive ban on the export of unprocessed raw materials. The policy, shared via a State...
Understanding How Uganda is hit by the Donald Trump’s Tariffs
U.S. President Donald Trump has a bombshell on the global economy, unveiling a sweeping tariff policy that slaps a 10% tax on all imports entering the United States, effective April...
Government Faces Uncertainty as UMEME Transition Looms, Auditor General Raises...
KAMPALA, Uganda – As the government prepares to take over electricity distribution from UMEME Limited next month, mounting concerns over readiness and financial accountability have cast a shadow over the...
Equity Bank Expands Women’s Empowerment Initiative to Boost Business Growth...
Equity Bank has reaffirmed its commitment to women’s economic empowerment with the launch of the second edition of its “Abakyala Ku Ntiiko” initiative, a program designed to support female entrepreneurs...
President Museveni appoints Governor of Bank of Uganda
President Yoweri Museveni has appointed Dr. Michael Atingi-Ego as the new Governor of the Bank of Uganda, with Professor Augustus Nuwagaba as his Deputy. This appointment marks the end of...
UMEME to finally exit at the end of March 2025...
In March 2025, Umeme Limited, Uganda’s primary electricity distributor for two decades, will exit the country as its 20-year concession ends. The Ugandan government, led by President Yoweri Museveni, decided...
