Articles

Uganda’s high fuel prices have diluted objectives of economic liberalization

The permanent secretary to the ministry of Finance, Ramathan Ggoobi contended that the current spike in fuel prices has nothing to do with economics. He argued that it was caused by a temporary exogenous shock caused by administrative decisions to control the spread of COVID-19.

MPs asked to review electricity, water tariffs

The Parliament of Uganda and cabinet should dialogue with Uganda Revenue Authority, Electricity Regulatory Authority and the Ministry of Finance to lower VAT on electricity from 18 per cent to at most 10 per cent in order to lower the cost of living,” he says.

Parliament Petitioned Over High Internet, Power, Water Tariffs

Parliament Petitioned over high electricity, water tariffs

The Gateway Research Centre, a non-profit organization has asked Members of Parliament to review the electricity and water tariffs saying it is greatly affecting the growth of businesses.

Gateway Research Centre Petitions Parliament to Scrap Internet Tax

Price legislation during festive seasons is necessary

High internet data tax a roadblock to economic freedom in Uganda

Making the internet more affordable and tax-free would bring more people unto the online market, increase meaningful internet usage for those already connected, widen the tax base because of increased business innovations backed by reduced costs of doing business.

Lowering taxes on utilities would reduce cost of doing business

Heavy taxes on utilities not only worsen life for those already in business, but also discourage beginners and young entrepreneurs. The ministry of Finance, Planning & Economic Development through parliament, continues to introduce several new taxes with an aim of raising funding to finance the national budget.

Financial distress in January is a sign of poor financial management

This is the time of the year that family members demand for new clothes; meals they rarely eat at home and outings, besides the money and gifts they send to parents and guardians back in the villages.

Every village in Uganda needs a SACCO

Village citizens have always made their small SACCOs in which they keep money in small boxes, with poor financial records or incomplete records. On many occasions, there have been cases of infidelity where those who are chosen as treasurers in these village group savings schemes end up embezzling the little money they have.

SACCOs in need of urgent government intervention

Savings and Credit Cooperatives are becoming a strong pillar of financial inclusion in Uganda

Africa’s growth potential is hidden in agriculture

The major solution for the growth of Africa lies in its capacity to unfold the hidden potential in agriculture. Otherwise, other sectors are secondary to the growth of our continent.