By Hellenah Niwasiima According to the highlights from the latest State of the Economy Report, Uganda stands out with a story of resilience and strategic foresight amidst its economic uncertainties. …
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By Hellenah Niwasiima Uganda, with its youthful population and burgeoning entrepreneurial spirit, stands as a beacon of potential in East Africa. However, to harness this potential fully, the country needed …
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As at the end of December 2023, Uganda’s total public debt stood at Shs93.38 trillion, equivalent to USD 24.69 billion. Of this amount, external debt was Shs55.37 trillion equivalent to …
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Industry & TradeLatest NewsManufacturingNews
Uganda Baati Applauds the State House Investors Protection Unit for Promoting a Favourable Investment Climate in Uganda
In a significant move to further strengthen Uganda’s investment climate, Uganda Baati met with the head of the State House Investors Protection Unit, Col. Edith Nakalema. This meeting marks an …
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While commemorating the Bastille Day on July 12 2024 H.E. Xavier Sticker the Ambassador of France to Uganda announced that French Firms are to invest over $4b in Uganda, to …
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By Hellenah Niwasiima The Government of Uganda established the Uganda Road Fund (URF) in 2008 by an Act of Parliament 2008 to help finance the maintenance of the road network. The …
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AgricultureIndustry & TradeLatest NewsNews
Uganda Coffee Exports Skyrocket to Historic USD 1.14 Billion
Uganda’s coffee exports for the financial year 2023/24 have achieved an unprecedented milestone, reaching an all-time high of USD 1.14 billion. The Uganda Coffee Development Authority (UCDA) reports that these …
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Uganda’s economy has fully recovered from various shocks, crises, and “false alarms” that brought it to its knees, the Finance Ministry has announced. “You recall that when Covid-19 happened, leaders …
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AviationBanking & SavingsGlobal NewsLatest NewsNewsTechnologyTelecoms
Global Disruption: Airlines, Banks & Stock Market Hit by Microsoft Outage
Microsoft has experienced a global outage that had far-reaching implications, triggering a cascade of disruptions that have severely impacted air travel worldwide. This outage has not only grounded flights and …
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AviationLatest NewsNewsTourism
Uganda Airlines Expands its African Network with The Launch of New Flights to Abuja, Lusaka & Harare
Uganda Airlines has launched new flights to Abuja, Harare, and Lusaka. The new flights will commence on September 12, 2024. Abuja will launch on September 12, 2024, with flights operated …