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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

tax base

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Africa

Uganda’s tax system isn’t bringing in enough revenue but is targeting small business the answer?

      By Maria Jouste, United Nations University   Uganda, with a fiscal deficit of 5.6% in 2023, has increasingly turned to local resources to make up for its revenue shortfall since the World Bank suspended its funding on 8 August 2023 over the country’s anti-homosexuality law. In early April 2024, traders in downtown Kampala protested against what they saw as high taxes and harsh enforcement tactics of the […]

todayApril 29, 2024 9

Africa

IMF tracking shows that no African state has sought comprehensive debt relief in over a year indicating a trend of growing fiscal hygiene across the region

      By Seth Onyango, via bird story agency Countries in Africa are showing signs of improving fiscal management, as they navigate through a cascading set of global shocks that exacerbated their debt vulnerabilities. Remarkably, no state has sought comprehensive debt relief since Ghana’s request over a year ago, signalling a trend of growing fiscal discipline across the region. The improvement bucks the trend of recent years, given that […]

todayJanuary 25, 2024 9

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