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 …
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Hoima, Uganda | THE INDEPENDENT | The Ministry of Lands, Housing and Urban Development is set to avail 10,000 land titles to Hoima residents at a reduced cost to combat the escalating land-grabbing cases in the district. The project that is funded by the World Bank will benefit residents in …
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KAMPALA, UGANDA | THE INDEPENDENT | The Ministry of Education and Sports is set to receive a major financial boost worth US$324.8 million (approx. 1.19 trillion shillings) under the Uganda Learning Acceleration Program- ULEARN Project, following renewed support from the Global Partnership for Education (GPE) and the World Bank. The …
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But the economy is expected to rebound in the subsequent year if oil exports resume, offering a potential path to recovery. Juba, South Sudan | THE INDEPENDENT | Oil rich South Sudan’s economy is projected to contract by 30% in the Financial Year 2024/25 that ends in June due to disruptions …
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Kampala, Uganda | THE INDEPENDENT | Henry Musasizi, the State Minister for Finance, Planning and Economic Development says the country has now fully overcome the effects of the global and local shocks to the economy that happened over the last three to four years and is now on its desired …
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Currently, close to 600 million Africans lack electricity, a critical resource for economic development ANALYSIS | RONALD MUSOKE | The World Bank and the African Development Bank (AfDB) have pledged US$50 billion to provide electricity access to nearly 300 million Africans over the next five years, through an initiative known as “Mission …
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Billions of taxpayer dollars invested in for-profit facilities from Africa to Asia were supposed to improve access to healthcare. But stories of abuses have piled up ANALYSIS | GAVIN FINCH, KENDALL TAGGART & DAVID KOCIENIEWSKI | The 1-year-old was with her pregnant mother at a maternity clinic when the convulsing started. A …
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Without course correction, 20 of 26 countries would remain poor through 2050 ANALYSIS | AGENCIES | The next 25 years could prove decisive in determining whether the world’s 26 poorest countries progress to middle-income status, a new World Bank analysis shows. Home to more than 40 percent of people struggling on …
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Kampala, Uganda | THE INDEPENDENT | Optimism is growing at the Ministry of Education and Sports headquarters at Embassy House that funding of up to UGX 840 billion for its flagship education project will be secured from the World Bank. Sources tell our reporter that these funds, part of the …
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Kampala, Uganda | THE INDEPENDENT | The Government of Uganda through Ministry of Energy and Mineral Development and Energy Credit Capitalisation Company (UECCC) has officially launched its Results-Based Financing/Price Subsidy (RBF) Programme as part of the Electricity Access Scale-up Project (EASP). The launch, which took place on Thursday, December 5, 2024, …
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The Independent Uganda: You get the Truth we Pay the Price
