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, …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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The Independent Uganda: You get the Truth we Pay the Price
