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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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Kampala, Uganda | URN | The Bank of Uganda forecasts a strong growth of between 6.5 percent and 7 percent this year, a sign that the ongoing conflict in the Middle East has so far not had a major adverse effect. However, The Central Bank Governor, Michael Atingi-Ego warned that …
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Kampala, Uganda | THE INDEPENDENT | Uganda has launched a national innovation challenge aimed at accelerating its journey toward a $500 billion economy, signalling a shift from policy ambition to practical, market-driven solutions. The National Science Week 2026 Innovation Challenge, led by the Science, Technology and Innovation Secretariat in the …
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As global businesses increasingly embrace digital operations and distributed teams, geography is no longer the barrier it once was. Today, professionals in Kampala can support companies and customers thousands of miles away; in real time, at global standards. Angella Kakumirizi, Regional Vice President for Helpware Africa, is one of a new …
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Kampala, Uganda | URN | The financial industry in Uganda enjoyed good business last year, according to financials being released, the latest being Stanbic Uganda Holdings Limited-SUHL, with UGX 591 billion profit after tax. This new record was a jump from UGX 478 billion posted for the year ended December …
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The Independent Uganda: You get the Truth we Pay the Price
