Browsing: Business

Uganda’s latest budget projects rapid economic growth, rising revenues and major investments in infrastructure, agriculture and technology. But beyond the impressive figures lies a more pressing question: will these gains translate into better jobs, higher incomes and improved living standards for ordinary Ugandans? This analysis explores what the numbers really mean and whether the government’s vision of prosperity can become a reality.

The Bank of Uganda’s new cash withdrawal caps are about more than limiting access to money. They represent a deliberate push to move high-value transactions into traceable digital channels, promising greater transparency while raising difficult questions about whether Uganda’s cash-dependent economy is ready for the transition.

A June 4 Ministry of Finance statement suggests Uganda’s biggest development challenge is shifting from resource mobilisation to execution. As government targets corruption, procurement inefficiencies, project delays, and spending leakages, the focus is increasingly turning to a simple but critical question: what happens to public money after it is allocated?

China’s decision to grant continent-wide access for African coffee exports could open a new chapter for Uganda’s most important agricultural export. For millions of farmers, traders, and workers whose livelihoods depend on coffee, the move offers more than access to a new market—it represents the possibility of higher demand, stronger incomes, and a chance to reduce reliance on traditional buyers in Europe.

Uganda’s economic recovery is facing mounting pressure from rising global fuel prices, debt burdens, and geopolitical instability, according to a new World Bank report. The analysis warns that conflict in the Middle East could quickly spill into everyday life for Ugandans through higher transport costs, inflation, and growing pressure on already stretched household budgets.

Salaam Group has launched construction of a $160 million fuel and logistics terminal in Djibouti, a strategic investment aimed at strengthening East Africa’s energy supply chains and trade routes.

A year after Uganda reclaimed electricity distribution from Umeme, leadership turmoil, rising outages and growing public frustration are testing whether the state can successfully run one of the country’s most critical services.

A temporary Middle East airspace shutdown triggered flight suspensions, soaring ticket prices and a sharp collapse in Uganda’s cargo exports, exposing how deeply Entebbe Airport — and Uganda’s economy — now depend on global aviation stability.

Uganda wants to grow its economy from $53.6 billion to $500 billion. Behind the ambitious target is a strategy built on factories, jobs, industrial parks, foreign investment, and a race to transform how the country earns and produces.

South Asia may still be the world’s fastest-growing region, but cracks are beginning to show. A new economic report reveals deeper risks—from AI-driven job losses to fragile trade growth—that could reshape not just Asia, but Uganda’s economic future as well.