Tag: Industrialization

The President also recalled the close cooperation between Uganda and Tanzania, citing trade, the East African Crude Oil Pipeline, the Murongo-Kyikagate mini-hydro project, roads in Tanzania, the Masaka-Bukoba transmission line and the Standard Gauge Railway, which has reached Isaka and is expected to extend towards Uganda and beyond.
According to Mukula, Uganda believes in the free and orderly movement of people, goods, services, and capital within the framework of regional laws and protocols, stating that it will continue to stand for the dignity of African brothers and sisters because Africa belongs to Africans.

President Museveni Urges New Ministers to Prioritize Transformation Over...

“This is a place of sacrifice. The NRM is a party of sacrifice,” President Museveni said, warning against leaders who use public office for personal gain.

Museveni Pushes U.S to Back Africa’s Industrial Growth

United States looks forward to strengthening long-standing relations with Uganda in trade, investment and regional security cooperation.

Museveni Warns Against Violence, Disorder in Uganda

National Resistance Movement (NRM) presidential candidate President Yoweri Kaguta Museveni has issued a raft of development-focused directives while campaigning...

Museveni’s Tactics to Deliver Economic Liberation of Africa Revealed

“When you invest in Uganda or any of the brother African countries, you have the assurance of this huge and growing market. We believe in win-win solutions to human problems. The population of Africa will be 2.5 billion people in the next 25 years. The population of Uganda will be 106 million people by that time,” he said.

Lands Ministry to Enact Land Reforms to Boost Uganda’s...

Research indicates that land conflicts are a major issue in Uganda, affecting around 33-50% of landholders. With these conflicts, the social stability and economic development of the country can be threatened, as agriculture accounts for a large portion of the country's labor force and GDP. Over 90% of domestic disputes in Uganda are related to land conflicts.

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. 

Finance Minister Asks New Investment Board to Tackle Youth...

The newly appointed board, chaired by Dr. Robert Kyamanywa, faces the challenge of addressing rampant youth unemployment that has affected countless families across the country.

Uganda & China Partnership Goes to Mbale: NEC-Wattu Project...

The National Enterprise Corporation (NEC) has partnered with a Chinese firm to manufacture car supplies, with a project to...

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