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 …
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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 …
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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 …
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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 …
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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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NEW YORK | Xinhua | U.S. President Donald Trump on Friday promoted his plan of securing investment of at least 100 billion U.S. dollars to rebuild Venezuela’s oil industry in a meeting with U.S. oil company executives at the White House. Trump urged major U.S. oil companies to participate in …
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KAMPALA, UGANDA | JULIUS BUSINGE | Uganda’s economic partnership with the United Arab Emirates (UAE) is entering a new phase, with rapidly growing foreign direct investment, rising exports, and expanded commitments in manufacturing. Government-backed initiatives and structured business forums, such as the Uganda–UAE Business Forum, have created platforms for investors …
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XIAMEN, China | Xinhua | Industry leaders at last month’s Future Investment Forum in Xiamen identified artificial intelligence (AI) and cross-sector integration as the key forces transforming the sports investment landscape, pointing to a wave of opportunities driven by technological innovation and supportive government policies. How AI reshaping the game …
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Japan is shifting its Africa strategy from aid to long-term investment, channeling billions into tech, skills, and infrastructure. From hybrid car manufacturing in South Africa to new venture funds and vocational training, Tokyo is embedding itself in the continent’s economic future. SPECIAL REPORT | BIRD AGENCY | Japan is recasting …
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KAMPALA, UGANDA | Xinhua | Ugandan President Yoweri Museveni on Monday said Chinese investment is helping accelerate Africa’s growth, particularly in infrastructure and industrial development. Speaking at the opening of the two-day Uganda Development Finance Summit 2025 in the capital, Kampala, Museveni noted that both state-owned and private Chinese capital …
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The Independent Uganda: You get the Truth we Pay the Price
