How our government’s borrowing and spending is putting our country at the risk of default THE LAST WORD | ANDREW M. MWENDA | In a recent podcast of Bad Natives, I argued that there is a real risk of Uganda defaulting on her domestic bonds in two to …
Read More »Uganda’s debt rises to Shs131 trillion as questions of sustainability creep in
Kampala, Uganda | THE INDEPENDENT | Uganda’s total public debt stock increased to USD 34.86 billion (UGX 131.2 trillion) by the end of December 2025, up from USD 34.21 billion (UGX 128.7 trillion) at the end of September 2025. This is despite the debt service totaling UGX1.563 trillion. The 52.7 …
Read More »Why East Africa tops Africa’s 2026 economic projections
The UN expects East Africa to lead Africa’s growth in 2026, powered by Ethiopia’s reform push and Kenya’s diversified economy. Big infrastructure bets are lifting the outlook, but high debt costs and tight global finance remain key constraints. SPECIAL REPORT | BIRD AGENCY | East Africa is expected to …
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 »Climate risks cloud Uganda’s high-income status ambitions
World Bank report says climate shocks could cut GDP growth by up to 3.1% unless urgent adaptation measures are taken COVER STORY | RONALD MUSOKE | Uganda has set its economic development ambitions quite high. The country’s Vision 2040 blueprint lays out a bold goal: becoming an upper middle-income country …
Read More »Tariffs can’t stop U.S. debt woes, could make them worse
WASHINGTON, the United States | Xinhua | America’s gross federal debt has surged past 37 trillion U.S. dollars, a milestone reached earlier this month and five years sooner than pre-pandemic forecasts. Washington is now adding roughly 1 trillion dollars every five months, swelling a debt snowball that already costs nearly …
Read More »Industry Leaders: Insurance vital in fighting poverty
Kampala, Uganda | THE INDEPENDENT | The insurance industry wants insurance to be used as a tool to fight poverty amongst Ugandans, and not a luxury. Despite various efforts by the industry leaders, the attitude amongst the wider public remains that insurance is for the rich, and this is part …
Read More »Most well-off East Africans revealed
So why are Ugandans the most angry? COVER STORY | THE INDEPENDENT | When Ugandans are asked to evaluate their life based on quality of life, happiness, and fulfillment on a ladder with steps numbered from 0 (the worst possible life) to 10 (the best possible life), the average rank …
Read More »World Bank slashes 2025 global growth forecast
Kampala, Uganda | THE INDEPENDENT | The World Bank has slashed its 2025 global growth forecast, citing trade tensions and policy uncertainty. The report released during the week said global gross domestic product (GDP) growth to 2.3 down from the 2.7 percent. Focusing to countries like Uganda or Low Income …
Read More »
The Independent Uganda: You get the Truth we Pay the Price