SPECIAL REPORT | Tanzania is courting investment in transport, logistics and technology as it seeks the next phase of growth. Lennox Yieke reports. At $90.14bn, Tanzania’s 2025 GDP is roughly 36% higher than the $66.07bn recorded in 2020 and nearly double the $47.41bn figure reported in 2015. The economy …
Read More »Uganda’s golf breakthrough opens new window for tourism, business and investment
Kampala, Uganda | THE INDEPENDENT | Uganda is set to gain greater visibility on the international golfing circuit this September after the Pearl of Africa Golf Series became the country’s first professional golf tournament to attain Official World Golf Ranking (OWGR) status under the Sunshine Development & BET Tour. The recognition …
Read More »BOU deputy governor to share insights at Equity Bank diaspora webinar
Equity Bank hosts diaspora Investment webinar Kampala, Uganda | NEWS CORRESPONDENT | As Uganda’s diaspora continues to send record remittances back home, Equity Bank Uganda is strengthening its efforts to help turn these financial inflows into long-term investments that create businesses, jobs and sustainable wealth. On Saturday, 1 August …
Read More »Britam, Airtel Money partner to expand access to insurance and investment services
Kampala, Uganda | THE INDEPENDENT | Britam Uganda and Airtel Mobile Commerce Uganda Limited have launched a partnership aimed at expanding access to insurance, investment and other regulated financial services through Airtel Money, as financial institutions increasingly turn to digital platforms to deepen financial inclusion. The collaboration will enable customers …
Read More »Uganda hails Canton Fair as gateway to trade, investment opportunities
Kampala, Uganda | Xinhua | Uganda said Wednesday that the China Import and Export Fair, also known as the Canton Fair, is a strategic platform for boosting trade and investment partnerships. Uganda’s participation in the fair in Guangzhou, Guangdong Province, was aimed at expanding exports, attracting foreign direct investment, and …
Read More »How China effectively aligns industrial upgrade with consumption boost
BEIJING | Xinhua | Benign interaction between demand and supply is the key driver of economic development. To promote this positive interplay, China has written into the 15th Five-Year Plan (2026-2030) the need to foster virtuous interaction between consumption and investment, as well as between supply and demand, so as …
Read More »Karamoja leaders warn Sovereignty Bill 2026 risks choking aid, trade, and investment
Napak, Uganda | URN | Leaders in Karamoja have warned that the Protection of Sovereignty law could cripple the region’s economy, disrupt peace building, and reverse development gains by redefining “foreign influence” and capping external funding. In a position paper released this week, Karamoja leaders said the Bill, while aimed …
Read More »Financial markets offer liquidity, predictable returns, and flexibility
Uganda’s Financial Markets are Steadily Growing Attracting Participation for All COMMENT | YUNUS MUGALU | Uganda’s improving financial markets are making it possible for ordinary citizens to participate in a sector that was once the preserve of high-net-worth individuals and large corporate entities. This shift is both deliberate and …
Read More »Private sector warns more tax reforms could stall investment
Kampala, Uganda | URN | The private sector has spoken against the proposed tax reforms, warning Parliament that some of the measures risk constraining investment, deepening informality, and undermining post-pandemic economic recovery. Appearing before Parliament’s Committee on Finance, Planning and Economic Development on Wednesday, the Uganda Manufacturers Association (UMA), led …
Read More »New investment profile positions Greater Masaka as prime investment hub
Masaka, Uganda | URN | The Uganda Investment Authority (UIA) has renewed efforts to attract large-scale investors to the greater Masaka sub-region, in a bid to accelerate its social and economic transformation. In partnership with the Operation Wealth Creation Secretariat, UIA has developed the Greater Masaka Investment Profile, a comprehensive …
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