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Tag Archives: economy

On Uganda’s 2040 Vision

How our country lacks the policies and institutional rules to achieve its ambitious development goals THE LAST WORD |  ANDREW M. MWENDA | The Ugandan government has set itself a very ambitious goal: to expand the economy by 1,000% in 15 years. This means the economy must grow at an annual …

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EU expects economy to expand moderately

BRUSSELS | Xinhua | The European Commission’s autumn 2025 economic forecast shows that driven by a surge in exports in anticipation of U.S. tariff increases, the European Union’s (EU) economy maintained growth, and it is expected to continue expanding at a moderate pace over the forecast horizon. In the report …

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MUSEVENI: Uganda’s economy has expanded 20 times

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 …

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IMF says Zimbabwe’s economy to maintain strong momentum in 2026

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 …

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Museveni has transformed Uganda’s economy

  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 …

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Uganda at 63: Independence, integration, and the road ahead

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’ …

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The multipolar world demands a new African strategy  

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 …

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