Tag Archives: economy

  The forum also highlighted the need for stronger capital markets to support Uganda’s long-term development goals   Kampala, Uganda | JULIUS BUSINGE | Uganda’s plan to expand its economy tenfold to about $500 billion by 2040 will depend not only on investment and industrial growth but also on stronger …

NEWS ANALYSIS | Xinhua |  Amid mounting uncertainty in the global economy stemming from geopolitical tensions, trade frictions and slowing growth, the train of the Chinese economy has kept moving forward and upgrading along the way, reinforcing its role as a key anchor of stability for the global economy. The …

RIYADH | Xinhua |  China’s development, which is based on an integrated approach that combines long-term planning, practical implementation and continuous adaptation to evolving realities, offers valuable inspiration for developing countries, said a Saudi expert. China’s development was not “a mere historical coincidence,” but rather the result of long-term efforts …

  BEIJING, | Xinhua |  Since its founding 105 years ago, the Communist Party of China (CPC) has kept standing at the forefront of China’s transformation, leading the country through construction to become one of the world’s foremost economic powers. Now with more than 101 million members, the CPC is …

  To improve the continent’s competitiveness, the bank calls for faster implementation of the African Continental Free Trade Area   Cairo, Egypt | THE INDEPENDENT | Africa has outperformed the global economy despite mounting geopolitical tensions, giving the continent an opportunity to accelerate industrialisation and deepen regional trade if governments …

  Kampala, Uganda | NEWS CORRESPONDENT | Uganda’s ambition to accelerate economic growth and unlock private sector potential will depend on how quickly stakeholders align policy, capital and partnerships into coordinated, action-driven outcomes, dfcu Bank has said. The call was made during the Foreign Chambers Policy Summit in Kampala, where …

  Uganda’s Shs84.4tn budget, the largest in the country’s history, allocates substantial funding to security, transport infrastructure, healthcare, education and agro-industrialisation   Kampala, Uganda | JULIUS BUSINGE | Uganda’s economic prospects will depend less on policy announcements and more on execution, economists and business leaders have warned, as the country …

  The government unveiled a record Shs84.4 trillion spending plan; Ordinary people to shoulder costs through pricier fuel, sugar and secondhand apparel   COVER STORY | JULIUS BUSINGE | Uganda’s national budget for financial year 2026/27 marks a clear shift in economic emphasis, moving from a broad-based wealth creation agenda …

From a business and economy perspective, the president bets on growth, demands delivery   Kampala, Uganda | JULIUS BUSINGE | President Yoweri Museveni used his 2026 State of the Nation Address (SONA) to present a largely economic scorecard of Uganda’s transformation journey, highlighting strong growth in GDP, exports, agriculture, manufacturing …

Kampala, Uganda | URN | Oil and gas players, including the government, have been urged to intentionally transform skills developed in the sector into a foundation for broader national industrial development. As the sector moves towards the production stage, some are wondering why more Ugandans are being skilled in oil and …