Tag Archives: economy

Beyond physical infrastructure, Ruto’s engagement with China may also touch on trade facilitation and regional value chains. Uganda and Kenya share an interest in expanding their agricultural exports, a sector in which China has increasingly shown interest as it seeks food security partnerships abroad. COMMENT | Stephen Ndegwa | Kenya …

This growth has translated into significant improvements in the labor market, with the creation of over half a million new jobs year-on-year Rwanda | THE INDEPENDENT | Rwanda’s real Gross Domestic Product expanded by 8.9% in 2024, surpassing the previous year’s growth of 8.2%, according to the latest Rwanda Economic Update …

OPINION | Patricia Ojangole | Women are critical to achieving economic growth and alleviating poverty considering they dominate a vital sector of Uganda’s economy – agriculture. The latest census figures indicate that out of Uganda’s total population of 45.9 million, 24.3 million are female, representing 53%. Despite this demographic advantage, findings …

But the economy is expected to rebound in the subsequent year if oil exports resume, offering a potential path to recovery. Juba, South Sudan | THE INDEPENDENT | Oil rich South Sudan’s economy is projected to contract by 30% in the Financial Year 2024/25 that ends in June due to disruptions …

BEIJING | Xinhua | China’s government work report, unveiled Wednesday at this year’s annual session of the national legislature for deliberation, has garnered widespread attention from home and abroad. How did the world’s second-largest economy perform in the past year? What are its major development goals and policy directions for …

The sudden freeze threatens the stability of an economy built on US dollars. Harare, Zimbabwe |  Global Press Journal |  Batsirai Mutara started selling cheese and dairy products from a makeshift roadside stand when he was 27. It was a far cry from his former office job, where inflation devoured his paycheck, …

Aid programmes, local economy in turmoil ANALYSIS | IAN KATUSIIME | Aid programmes in Uganda are in a severe crisis following the shutdown of United States Agency for International Development (USAID) by President Donald Trump. The shuttering of USAID, America’s primary vehicle for humanitarian assistance, has caused consternation in the developing …

OPINION | Ivy Maingi | Small and Medium Enterprises (SMEs) are the heartbeat of Uganda’s economy, playing a crucial role in job creation, local innovation, and overall economic growth. Yet, in today’s fast-paced digital landscape, many SMEs face challenges in adapting to the tools and platforms necessary to remain competitive. At …

The Southern African nation is heavily reliant on copper exports to fuel its economy, with the metal making up almost US$10bn of its US$29.2bn GDP in 2022 ANALYSIS | ISAAC HANSON | Zambia’s government is taking a more strategic approach to its involvement in the copper market with the launch of …

The reasons, risks and costs of Uganda new shift in economic policies and diplomatic relations THE LAST WORD | Andrew M. Mwenda | We are a week away from celebrating NRM’s 39th year in power and the country is going through a major economic and diplomatic policy shift. The government is moving away from …