Tag Archives: economy

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 …

Growth in oil, gas, and mining drives economic ambitions amid global and regional opportunities Kampala, Uganda | JULIUS BUSINGE | This year, Uganda’s extractive sector is on the cusp of significant growth and transformation, fueled by both regional and global dynamics. Spanning oil, gas, and mining, the sector is set to …

 Private sector investment and strategic policies set to drive economic expansion Kampala, Uganda | JULIUS BUSINGE | Uganda’s economic growth is poised for a notable upturn in 2025, supported by robust performance across key sectors such as energy, mining, agriculture, tourism, manufacturing, and information and communication technology (ICT). This growth is …

Strategic efforts in inflation management, interest rate stabilization, and infrastructure investment formed the backbone of the country’s economic resilience Kampala, Uganda | JULIUS BUSINGE | Uganda’s economic performance in 2024 highlighted its ability to navigate global and domestic challenges while leveraging opportunities to bolster growth. Strategic efforts in inflation management, interest …

The recent fourth edition of Equity Group’s Trade Mission, held in Kinshasa and Lubumbashi, brought together delegates from East Africa, including Kenya, Uganda and Tanzania Kinshasa, DRC | THE INDEPENDENT | The Democratic Republic of Congo (DRC), with its immense natural resources and dynamic economic sectors, is fast becoming a pivotal …

  Potential global inflationary pressures, geopolitical tensions, and tightening global financial conditions  could pose upside risks to inflation Kampala, Uganda | THE INDEPENDENT | Uganda’s central bank has opted to maintain the Central Bank Rate (CBR) at 9.75%, signaling confidence in the stability of domestic inflation and economic activity despite global …

Despite being expelled by Idi Amin in the 1970s, Ugandans of Indian descent today make an outsize contribution to the country’s economy. All you need to know about the families that matter. Kampala, Uganda | AGENCIES | At the India-Uganda Trade Mission organised in October by Equity Bank, Minister for Trade …

The president’s brother’s insights about Uganda’s political economy and what it tells us about our country THE LAST WORD | Andrew M. Mwenda | And so, on Monday this week I visited Gen. Salim Saleh in Gulu and we sat down to a long conversation about Uganda’s economic woes. Saleh has been studying …

Its successful implementation requires collaboration of the government, private sector, and development partners COMMENT | DAVID WOZEMBA | Agriculture is often considered the backbone of Uganda’s economy, employing over 70% of the population and contributing roughly 24% of GDP. However, its potential remains largely untapped. One of the challenges limiting the …

If the Democrats were to win the White House and both houses of Congress, they could implement fiscal policies with a simple majority COMMENT | NOURIEL ROUBINI | With polls suggesting that Kamala Harris has at least a 50% chance of winning next month’s US presidential election, questions about her …