Tag: Gross Domestic Product (GDP)

Cabinet Approves Establishment of Public University in Busoga Sub-Region

“After discussing the proposal to establish Busoga University as a public university, Cabinet decided to name it Iganga University,” Lumumba said.

Omukama Nyabongo I Names Interim Government, Maintains Prime Minister Rwomiire

Culture

Omukama Edward Rukiidi Nyabongo I, a son to Prince Christopher Paul Kiijanangoma and a grandson of Omukama George David Kamurasi Rukiidi ascended to the throne on September 29th, 2026, after the death of his cousin King Oyo Nyimba Kabamba Iguru Rukidi IV who succumbed to cancer at the age of 34 in the United states.

National News

FDC Calls for Major Tourism Sector Reforms to Drive...

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.

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