IMF Approves USD 448m loan for Tanzania
The International Monetary Fund (IMF) has approved a USD 448 million (approximately Sh 1.17 trillion) loan for Tanzania, providing a…
Uganda Eyes 20% increase in Indian Tourist Arrivals
Uganda is targeting a 20% increase in tourist arrivals from India over the next two years, as part of a…
Museveni calls for elimination of trade barriers to unlock africa’s economic potential
President Yoweri Museveni has called on East African and broader African regional economic blocs to eliminate trade barriers and invest…
Domestic Tourism Records 15.7% Growth
Uganda’s tourism sector continues to recover, with tourist arrivals increasing by 7.7 percent to 1.37 million in 2024, up from…
Cocoa Export Earnings Surge by 42%
Uganda’s cocoa industry has experienced a significant boost, with export earnings reaching $68.7 million (approximately UGX 254 billion) in February…
Uganda Targets $500 Billion Economy by 2040
The Ugandan government has unveiled an ambitious plan to expand the nation’s economy from its current size of approximately $50…
Start-UPS granted 3-year tax holiday
In a bid to streamline Uganda’s tax regime and promote local value addition, the government has introduced several adjustments to…
Are wealth creation programmes creating wealth ?
Uganda has launched several major wealth creation programmes, including Operation Wealth Creation (OWC), the Parish Development Model (PDM), Emyooga, the…
What Government Take Over of Power Distribution Means for the Country
After two decades under private management, government officially reclaimed control of its national electricity distribution system. On April 1, 2025,…
EAC tables USD 109.3 Million budget for the FY 2025/2026
The East African Community (EAC) has presented its budget estimates for the 2025/2026 financial year, totaling USD 109.3 million, to…