Tag: BRICS

PFF’s Bayiga Urges Government to Cut State House, Defence Budgets to Fund Drought Response

National News
Bayiga proposed that the supplementary budget should be financed by cutting expenditure for State House, Defence, and the Office of the President, to prioritize food security and support to affected farmers.

FDC Calls for Major Tourism Sector Reforms to Drive Economic Growth

National News
However, according to the Ministry of Tourism, the Ugandan government has earmarked tourism as a top priority for investment. For the 2026/2027 financial year, the government allocated UGX 571.5 billion directly to tourism development and marketing. 
Regional

The New Global Divide: Why U.S. is Turning Away...

In the recent news, the United States has threatened to boycott the upcoming Group of 20 (G20) summit scheduled...
Business

Gov’t Set to Bolster BOU Proposal on Domestic Gold...

Government has defended the Bank of Uganda's (BOU) proposal to support the local gold market through securing purchases from...
Business

Uganda Joining BRICS Creates New Economic Pathway

The BRICS poses as the epitome of Uganda’s independence, and through the set of reforms to introduce a new gold-banked currency, Uganda holds leverage since it baskets vast natural resources, specifically gold, uranium, oil, and many others, which makes it a valuable member of the BRICS.

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