Kampala, Uganda | THE INDEPENDENT | Government has tabled the National Budget Framework Paper (NBFP) for Financial Year 2025/2026 – Financial Year 2030/2031, highlighting commercial agriculture, industrialisation, oil and gas, tourism, and technological innovation. The NBFP theme: “Full Monetization of Uganda’s Economy through Commercial Agriculture, Industrialization, Expanded Social Services, Digital …
Read More »New alliance launches to boost Uganda’s digital trade and delivery economy
Kampala, Uganda | THE INDEPENDENT | Uganda’s fast-growing digital trade and logistics sector has received a fresh boost with the official launch of the Alliance for Digital Trade, E-Mobility and Couriers (ADEC Uganda), a new industry body aimed at strengthening collaboration and advocacy across the sector. The association was unveiled …
Read More »CHINA: Navigating headwinds and charting new blueprint
BEIJING | Xinhua | With a high-level meeting wrapped up in Beijing this week, China set out a clear roadmap for how it intends to steer the economy as the next five-year plan period is set to begin. The annual Central Economic Work Conference, chaired by President Xi Jinping, laid …
Read More »The paradox of Museveni’s failure
How our president greatest failure has been inability to manage his own success THE LAST WORD | ANDREW M. MWENDA | Recently, I drove to Busia, then to Bushenyi. I often drive to Gulu, Hoima and Fort Portal via Mubende. These experiences both stress and depress me. Kampala and …
Read More »A gathering of Africans to facilitate the continent’s industrial growth is commendable
COMMENT | NANTEZA SARAH KYOBE | A week ago, Uganda hosted its first Africa Industrialization Week, attracting over 40 countries and 450 participants to the Munyonyo Commonwealth Resort to discuss issues related to industrialization of the continent. The launch of the inaugural Africa Industrialization Week in Uganda coincides with a period …
Read More »Uganda’s two economies: The official boom that bypasses its citizens
Civil society warns of potential repetition of 2011, when election-related spending drove inflation above 30% NEWS ANALYSIS | JULIUS BUSINGE | David Kitoosa studies the red soil beneath his feet as if searching for answers buried in it. His hands, hardened by years of brickmaking and truck-driving across Wakiso District, …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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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