Tuesday, June 9, 2026
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    Tag: International Monetary Fund-IMF

    Muhammad Muwanga Kivumbi and 24 co-accused returned to court as the International Crimes Division continued hearing their bail application in a terrorism case arising from the deadly post-election violence that rocked Butambala District in January 2026.
    A total of 79 ministers took the oath of office before President Museveni at State House Entebbe as Uganda’s new Cabinet officially assumed office. Four appointees missed the ceremony due to citizenship concerns, while Janet Museveni was absent.

    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.

    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. 

    Economists Attribute Delayed Appointment of BOU Governor to IMF,...

    Some Ugandan economists have blamed the International Monetary Fund (IMF) and the World Bank for the continued delay in...

    IMF Approves $120 Million Disbursement to Support Uganda’s Economic...

    The International Monetary Fund (IMF) has approved the immediate disbursement of the equivalent of SDR 90.25 million (about US$120...

    Prof. Ndebesa Criticises Rationalization of Gov’t Agencies in Uganda

    Professor Mwambutsya Ndebesa, a Makerere University lecturer at the College of Humanities and Social Sciences, has criticised the government’s...

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