Kampala, Uganda | URN | Uganda’s construction sector is being held back by weak regulation, inadequate political commitment, a shortage of skilled labour and bureaucratic procurement processes, limiting its ability to create jobs and drive economic growth. Although the sector contributes between 12 and 17 per cent of the country’s …
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Kampala, Uganda | URN | ”Currently 33 percent of every shilling invested in infrastructure is lost in poor planning, project delays and weak maintenance.” -World Bank Director for Uganda, Kenya, Rwanda and Somalia, Qimiao Fan. The World Bank has said Uganda needs to triple the current allocation for human capital …
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Kampala, Uganda | URN | The World Bank Group intends to lend Uganda some 2 billion dollars (7.5 trillion shillings) in each of the three cycles over the next 10 years, according to the Bank’s new Country Partnership Framework CPF). This adds to the existing 4.05 billion dollars (15.26 trillion …
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Kampala, Uganda | URN | The World Bank has hailed Uganda’s high economic growth rates but noted that this is not corresponding with the improvement in people’s livelihoods. Ndiame Diop, the Bank’s Vice-President for Africa lauded Uganda for the macroeconomic stability but urged the country to translate the growth of …
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Kampala, Uganda | URN | The Uganda delegation in Washington D.C for the WB/IMF Spring meetings 2026 has met with the World Bank team to discuss the Development Policy Operation (DPO) to support Uganda’s socio-economic transformation agenda through the Tenfold growth strategy. A press statement issued by the Ministry said …
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Kampala, Uganda | URN |The Government of Uganda, in partnership with the World Bank, is set to begin implementing the 2.1 trillion shillings Urban, Cities and Municipalities Infrastructure Development (UCMID) Programme in the next financial year. The UCMID programme, which will run from 2026/2027 to 2030/2031, is a successor to …
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Kampala, Uganda | URN | Uganda has secured over 2.1 trillion Shillings (USD 540 million ) funding from the World Bank to improve the management of cities and municipalities. The initiative aims to improve urban management, expand climate-smart infrastructure, and create jobs for both residents and refugees in ten cities, 26 municipalities, …
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KAMPALA, UGANDA | Xinhua | The World Bank will financially support Uganda in the construction of the Standard Gauge Railway (SGR), a senior official of the global financial institution has said. According to a State House statement issued Wednesday, Fan Qimiao, World Bank division director for Kenya, Rwanda, Somalia, and …
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Kampala, Uganda | URN | The World Bank and its partners have banned three PricewaterhouseCoopers (PwC) subsidiaries in Africa from their projects for 21 months over corruption charges admitted by the firms. The trouble for PwC Associates Africa Ltd based in Mauritius, PwC Limited Kenya, and PwC Rwanda Limited …
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JUBA | Xinhua | South Sudan is set to face profound economic and humanitarian challenges due to dwindling donor assistance and humanitarian funding, according to two new reports released by the World Bank on Thursday. “Official development assistance coming from other countries into South Sudan in 2025 was half the …
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The Independent Uganda: You get the Truth we Pay the Price
