Business
BUDGET REACTIONS: Strengthening The Local Debt Market Is Essential
The regulatory infrastructure is finally establishing itself to protect and expand smaller enterprises.
By: NewVision Reporter, Journalist @NewVision
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NATIONAL BUDGET READING 2026
Ivan Mandela: CEO, SHONA Capital
The 2026/2027 national budget shows that Uganda’s financial ecosystem is undergoing a positive structural change.
Doubling the annual VAT registration threshold to sh300m and increasing the PAYE floor gives growing SMEs vital breathing room to retain talent and reinvest internal cash flows into their operations.
The regulatory infrastructure is finally establishing itself to protect and expand smaller enterprises. This creates a perfect opportunity for SHONA Capital and other local capital providers to step in, fund the growth-stage SMEs that add value and create widespread employment in the economy.
Click here to read the 👉🏾 FULL BUDGET SPEECH