Tag: Gross Domestic Product (GDP)

Tooro Succession Dispute Deepens as Ababiito Declare New King

The dispute now places Tooro at a delicate crossroads between customary authority and Uganda’s legal framework. Omusuuga Kamurasi has called for respect for tradition and the law, while President Museveni has called for peace and unity among the Batooro.

U.S. Announces More Than $150 Million in Support at Pacific Islands Forum

International

On commercial diplomacy, the United States is shifting assistance toward private-sector-led growth, including efforts with Australia, Japan, New Zealand and Taiwan to connect every Pacific Islands Forum country to a trusted undersea cable network. A second Pacific Investment Summit is scheduled to be hosted in early 2027.

Business

NSSF Targets Boost to Uganda’s GDP Through Innovation and...

The National Social Security Fund (NSSF) is positioning itself as a key driver of Uganda’s economic growth by investing...

National News

Finance Minister Musasizi Advocates for Broader Tax Base to...

The Minister of State for Finance, Planning, and Economic Development (general duties)Henry Musasizi has stressed the urgent need to...

Business

IMF Confirms Uganda to Be Fastest-Growing Economy in Africa

The increase of Uganda’s per capita income from $898 to 1146 in 2024 and the increase of the Gross Domestic Product (GDP) from $16 to $20 in 2023—all these, including many others—resulted in Uganda being recognized by the IMF as one of the fastest-growing economies.

Tourism

How Uganda’s Tourism Sector has Evolved to Boost Economic...

With the budget strategy for Financial Year 2025/2026 looking at strengthening economic growth, tourism development is seen as one of the major sectors to be boasted in order to achieve accelerated growth.

National News