Tag Archives: economy

Mbale, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni has said Uganda’s economy has grown twentyfold since the National Resistance Movement (NRM) took power, projecting that the country’s total economic output will reach USD 66 billion by June next year, up from USD 3.9 billion in 1986. Speaking in …

HARARE | Xinhua |  Zimbabwe’s economy is expected to maintain strong momentum in 2026, the International Monetary Fund (IMF) has said. In a statement issued on Thursday at the conclusion of an IMF staff mission to Zimbabwe, the agency said Zimbabwe’s economic rebound has been stronger than expected, supported by …

  COMMENT | NNANDA KIZITO SSERUWAGI |  Uganda has experienced one of the most impressive rates of economic growth in Africa for the last four decades. This has been possible mostly due to the long period of political stability managed by President Museveni and the good economic policies implemented by his …

As Uganda celebrates 63 years of independence, attention turns to how the country has navigated its economic journey and positioned itself within East Africa’s integration and global economic agenda. The Independent’s Julius Businge spoke to Julius Kapwepwe Mishambi, a member of the East African Budget Network (EABN) – a professionals’ …

COMMENT | James Shikwati | African nations have since independence operated within a global system they did not participate in designing, one that often undermines their agency and development. The African nation-states continue to battle internal governance issues, corruption, and conflicts. The post Second World War liberal international order built on …

An African country without a strong leader that has managed to avoid the pitfalls of its contemporaries THE LAST WORD |  Andrew M. Mwenda | The Batooro have a saying: akaana katabuunga katekereza ngu nyinako nuwe acumba ebinura (a child who has not travelled thinks the mother is the best …

The country emerges as Glovo’s greenest market, fusing rapid digital growth with sustainable mobility Kampala, Uganda | JULIUS BUSINGE | Glovo, the Spain-headquartered multi-category delivery platform, has marked its fifth anniversary in Uganda with the opening of a new office in Kampala, signalling a Shs 33 billion investment that is reshaping …

KAMPALA, UGANDA | Xinhua | Uganda’s economy remains robust, posting sustained growth despite global uncertainties such as trade tensions and international conflicts, the Ministry of Finance, Planning and Economic Development said in a report released Tuesday. According to the report on the state of the economy, growth in the first …

Kampala, Uganda | THE INDEPENDENT | Uganda has the ability to grow the size of its economy 10 times in the next 15 years, but things have to be done differently, including clearing the mess that characterizes all corners, according to Ramathan Ggoobi, the Permanent Secretary at the Ministry of …

ACCRA | Xinhua | The executive board of the International Monetary Fund (IMF) has approved the fourth review of Ghana’s reforms, paving the way for the immediate release of 367 million U.S. dollars to deepen recovery, according to an IMF press release on Monday. The new approval brings Ghana’s total …