KIGALI | Xinhua | Rwanda’s economy grew by 9.4 percent in the second quarter of 2026, up from 7.8 percent during the same quarter of 2025, driven by strong performance in the industry and services sectors, according to data released by the National Institute of Statistics of Rwanda (NISR) …
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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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Inside the 2026/27 revenue push, public pushback, and the battle over fairness NEWS ANALYSIS | RONALD MUSOKE | On April 2, Henry Musasizi, the Minister of State for Finance (General Duties), presented a raft of tax proposals to Parliament to finance a proposed Shs 84 trillion budget for the 2026/27 financial …
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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 …
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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 …
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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 …
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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, …
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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 …
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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 …
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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 …
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The Independent Uganda: You get the Truth we Pay the Price
