Tag Archives: economy

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 …

  Kampala, Uganda | THE INDEPENDENT | Uganda and other African countries have been advised to take a keen interest in US politics. The outcome of the presidential polls later this year is poised to affect several economies across the world. Experts say, the election is important for Uganda, which …

The government need to invest more resources in education, health, and social protection to benefit from the demographic dividend Kampala, Uganda | ISAAC KHISA | The World Bank has projected Uganda’s economy to grow faster by 6.2% in FY24/25, accelerating to 7% in the medium term, driven by investments in oil …

Kampala, Uganda | THE INDEPENDENT | The World Bank has given Uganda’s economy a positive midterm outlook but forecasts slower growth rates than the government projections. According to the 23rd Edition of the Uganda Economic Update, the economy will grow by 6.2 percent next financial year and improve further to 6.6 …

However, this trade performance remains modest compared to regions like Asia and Europe. ANALYSIS | ISAAC KHISA | Intra-African trade recorded an improvement in the past year but remained relatively low compared to other regions, according to Afreximbank’s African Trade Report 2024, titled “Climate Implications of the AfCFTA Implementation.” The report, …

Experts share mixed views relating to fiscal discipline, tax, growing debt COVER STORY | JULIUS BUSINGE | As Finance Minister Matia Kasaija ascended the podium at Kololo Independence Grounds on June 13 to unveil the FY2024/2025 National Budget, the air was thick with anticipation. The nation waited with bated breath, eager …

Africa doesn’t have a choice but here is how they can go hand in hand ANALYSIS | LITE NARTEY | Heathrow Airport in the UK currently uses more energy than the entire West African country of Sierra Leone. Despite Africa accounting for less than 4% of all global greenhouse gas emissions, …