COMMENT | KIRUNDA MAGOOLA | Today, business success is measured not only by what organisations achieve but also by how they achieve it. In Uganda, businesses play a critical role in driving economic growth, creating jobs and expanding opportunities. At the same time, expectations from stakeholders continue to rise. Customers …
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Kampala, Uganda | URN | The government spent 1.508 trillion shillings on the general elections that were held in January/February, with the Electoral Commission accounting for 1.147 trillion of the expenditure as of April this year. This is part of close to 1.7 trillion shillings, the total that was released …
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Kampala, Uganda | URN | The World Bank has hailed Uganda’s high economic growth rates but noted that this is not corresponding with the improvement in people’s livelihoods. Ndiame Diop, the Bank’s Vice-President for Africa lauded Uganda for the macroeconomic stability but urged the country to translate the growth of …
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Kampala, Uganda | URN | Commercial banks in Uganda continue to announce what they call impressive results for the year 2025, boosted by the country’s 6.5 percent growth, but are worried 2026 might be a reverse if the middle east conflict persists. Absa Bank Uganda is the latest to release …
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Kampala, Uganda | THE INDEPENDENT | Uganda’s economic growth has strengthened markedly in recent years, rising from below 3 per cent in 2020 to an estimated 7 per cent today, supported by some of the strongest macroeconomic indicators on the continent. While these gains have drawn both praise and scepticism, …
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HARARE | TASS | Most of the fastest-growing economies, with gross domestic product growth rates exceeding 6%, will be on the African continent in 2026, according to Africanews, citing data from the International Monetary Fund (IMF). Growth rates in countries such as Rwanda, Uganda, and Ethiopia will exceed 7%, while South …
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KAMPALA, UGANDA | Xinhua | Uganda’s economy is forecast to expand by 10.4 percent by the end of the 2026/2027 financial year, up from an estimated 6.6 percent at the end of the 2025/2026 financial year. The Ministry of Finance, Planning and Economic Development on Wednesday released a five-year National …
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Cairo, Egypt | THE INDEPENDENT | President Yoweri Kaguta Museveni has urged Egyptian investors to channel capital and entrepreneurship opportunities into Uganda, saying the two countries can transform their centuries-old Nile connection into a powerful engine for economic growth. Speaking at the Egypt–Uganda Business Forum in Cairo alongside his host, …
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How the Uganda budget resource for FY2025/26 are allocated 1⃣ Wages & Salaries – Shs 8.57 trillion 2⃣ Non-Wage Recurrent Expenditure—Shs 28.33 trillion (includes operations, wealth creation funds, science & tech, education & health grants, medicines, infrastructure maintenance, and interest payments) 3⃣ Development Expenditure – Shs 18.24 trillion 4⃣ Domestic …
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NAIROBI, | Xinhua | Central banks of the East African Community (EAC) member states on Friday projected regional economic growth at 5.8 percent in 2025. Kamau Thugge, governor of the Central Bank of Kenya and chairperson of the EAC Monetary Affairs Committee, said the growth outlook will be supported by …
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The Independent Uganda: You get the Truth we Pay the Price
