But the economy is expected to rebound in the subsequent year if oil exports resume, offering a potential path to recovery. Juba, South Sudan | THE INDEPENDENT | Oil rich South Sudan’s economy is projected to contract by 30% in the Financial Year 2024/25 that ends in June due to disruptions …
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BEIJING | Xinhua | China’s government work report, unveiled Wednesday at this year’s annual session of the national legislature for deliberation, has garnered widespread attention from home and abroad. How did the world’s second-largest economy perform in the past year? What are its major development goals and policy directions for …
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The sudden freeze threatens the stability of an economy built on US dollars. Harare, Zimbabwe | Global Press Journal | Batsirai Mutara started selling cheese and dairy products from a makeshift roadside stand when he was 27. It was a far cry from his former office job, where inflation devoured his paycheck, …
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Aid programmes, local economy in turmoil ANALYSIS | IAN KATUSIIME | Aid programmes in Uganda are in a severe crisis following the shutdown of United States Agency for International Development (USAID) by President Donald Trump. The shuttering of USAID, America’s primary vehicle for humanitarian assistance, has caused consternation in the developing …
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OPINION | Ivy Maingi | Small and Medium Enterprises (SMEs) are the heartbeat of Uganda’s economy, playing a crucial role in job creation, local innovation, and overall economic growth. Yet, in today’s fast-paced digital landscape, many SMEs face challenges in adapting to the tools and platforms necessary to remain competitive. At …
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The Southern African nation is heavily reliant on copper exports to fuel its economy, with the metal making up almost US$10bn of its US$29.2bn GDP in 2022 ANALYSIS | ISAAC HANSON | Zambia’s government is taking a more strategic approach to its involvement in the copper market with the launch of …
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The reasons, risks and costs of Uganda new shift in economic policies and diplomatic relations THE LAST WORD | Andrew M. Mwenda | We are a week away from celebrating NRM’s 39th year in power and the country is going through a major economic and diplomatic policy shift. The government is moving away from …
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Growth in oil, gas, and mining drives economic ambitions amid global and regional opportunities Kampala, Uganda | JULIUS BUSINGE | This year, Uganda’s extractive sector is on the cusp of significant growth and transformation, fueled by both regional and global dynamics. Spanning oil, gas, and mining, the sector is set to …
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Private sector investment and strategic policies set to drive economic expansion Kampala, Uganda | JULIUS BUSINGE | Uganda’s economic growth is poised for a notable upturn in 2025, supported by robust performance across key sectors such as energy, mining, agriculture, tourism, manufacturing, and information and communication technology (ICT). This growth is …
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Strategic efforts in inflation management, interest rate stabilization, and infrastructure investment formed the backbone of the country’s economic resilience Kampala, Uganda | JULIUS BUSINGE | Uganda’s economic performance in 2024 highlighted its ability to navigate global and domestic challenges while leveraging opportunities to bolster growth. Strategic efforts in inflation management, interest …
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The Independent Uganda: You get the Truth we Pay the Price
