Tag: Uganda Economy

The kidnappers held her captive for nearly three weeks, demanding up to $1 million before accepting about $200,000 (approximately UGX 700 million). During her captivity, they cut off two of her fingers and sent them alongside a video of her pleading for help to pressure her family into paying the ransom.
Akena referred to historical statements by President Museveni acknowledging the destruction of food supplies and the destitution of about 2.7 million people during that period. He argued that the loss of cattle deprived communities of daily nutrition, household income, school fees, draft power, and soil fertility, leaving effects that continue to be felt today.

Analysts Back Shs72.1 Trillion Budget but Warn on Delivery...

Economic and governance analysts have welcomed Uganda's Shs72.1 trillion budget for the 2026/27 financial year, describing it as a...

Uganda’s Milk Production Jumps from 200 Million to 5.4...

President Yoweri Kaguta Museveni has cited Uganda's dramatic increase in milk production over the past four decades as one...

Uganda to Stop Funding National Holiday Celebrations, Redirect Billions...

The Government of Uganda will no longer finance large scale public holiday celebrations starting in the 2026/27 financial year,...

Can Gagan Gupta’s Clean Energy Vision Transform Uganda’s Economy?

As Uganda searches for sustainable pathways toward industrial growth and youth employment, investments in electric mobility and manufacturing are increasingly becoming more than business ventures — they are emerging as tests of the country’s readiness for a modern, innovation-driven economy. Whether Gagan Gupta’s model succeeds may ultimately depend not only on investment capital, but on Uganda’s ability to build the infrastructure, accountability, and policy stability needed to turn economic ambition into measurable public impact

Uganda Airlines Receives New Boeing 737-800 Under Ethiopian Airlines...

Uganda Airlines has expanded its fleet with the arrival of the first of two Boeing 737-800 aircraft acquired under a wet-lease partnership with Ethiopian Airlines as the national carrier moves to boost capacity, reliability, and regional connectivity.

Museveni Warns Africa Against Exporting Raw Wealth

President Yoweri Museveni has used his inauguration address to push for industrialisation, value addition, and skills-based economic transformation, warning that Africa cannot achieve sustainable prosperity while exporting raw materials and importing finished products.

“This is Kisanjja no sleep ” Museveni Sets Wealth...

Beyond the political symbolism of another presidential swearing-in, Museveni’s “Kisanja No Sleep” message signals a strategic shift toward household-level economic participation, placing wealth creation, productivity, and regional market integration at the center of Uganda’s next development phase.

Analysts Raise Red Flag Over Low Impact of Uganda’s...

Economists and policy analysts have raised concerns that Uganda’s strong macroeconomic performance may not be translating into meaningful improvements...

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