Browsing: Business

With exports climbing and inflation still manageable, Uganda’s economy looks poised for growth. But beneath the surface, soaring spending and weak revenue collection could derail progress unless bold action is taken.

Airtel Africa has posted record gains in East Africa, reporting a 13.6% rise in regional revenue to $1.84 billion. Mobile money, growing 29.9% across the group, is transforming lives and livelihoods—especially in underserved areas where a mobile phone is now a wallet, a bank, and a business hub. CEO Sunil Taldar calls the growth “tangible proof” of East Africa’s digital and financial inclusion momentum.

Despite growing Uganda’s food and employing over 60% of the workforce, most farmers have no health insurance, no retirement savings, and no financial protection against crises. A new report by the Economic Policy Research Centre reveals the stark exclusion of agricultural workers from social insurance schemes—and offers a blueprint for change. With flexible, farmer-friendly policies and smart use of cooperatives, Uganda could finally extend protection to the backbone of its economy. But time is running out. If reforms aren’t made, the cycle of rural poverty will only deepen.

In a bold step toward a more inclusive digital future, visually impaired Ugandans are mastering computer skills—and leading the charge to bridge the tech divide. At a graduation ceremony held at UICT, graduates of the ICBVI program weren’t just handed certificates; they were handed the tools to rewrite Uganda’s digital future for millions living with disabilities.

The March 2025 CIRIUM On-Time Performance report reveals a sharp rise in punctuality among global airlines, with Saudia and Royal Jordanian leading the pack. As the industry redefines reliability in a post-pandemic world, on-time performance is proving to be more than just a number—it’s a powerful strategic asset. This edition also marks a methodological shift, retiring the LCC category and introducing “Most Improved OTP” to spotlight long-term progress.

Uganda’s construction inflation climbed to 5.6% in January 2025, pointing to higher housing costs and economic pressures. Here’s what it means for Ugandans—and what rising food, education, and transport prices reveal about the broader economy.

A record 3,028 billionaires now control $16.1 trillion in wealth. Forbes’ 2025 Billionaires List reveals where the world’s richest are investing—from tech and finance to fashion and green energy. This deep-dive analysis uncovers the trends, industries, and strategies reshaping global wealth creation—and where the next fortunes are likely to emerge.

A new EPRC study reveals a widening digital divide in Uganda’s labour market, with sectors like agriculture, mining, and informal retail lagging far behind in digital transformation. While ICT and finance sectors reap the benefits of digital growth, over 70% of Ugandans remain locked in low-tech jobs, limiting wages, productivity, and inclusion. Experts warn that unless rural and informal workers are digitally empowered, Uganda risks widening inequality and missing its development goals.

A new EPRC study reveals Uganda’s digital economy is booming in ICT, finance, education, and professional services—but the benefits remain largely urban. With sectors like agriculture and mining lagging far behind in digital integration, the country faces a stark divide in job quality, wages, and opportunity. Can targeted investments and inclusive policy reforms bridge the gap?

In Kampala’s bustling markets, vendors are swapping paper ledgers for smartphones, thanks to a groundbreaking digital skills program. With mobile money, inventory apps, and online marketing, traders like Jane Nakitto are transforming their businesses. “Now my phone tells me what sells best,” she says. The program, a collaboration between the Ministry of ICT, MTN Uganda, and Huawei, is empowering 851 vendors to embrace the digital economy—one transaction at a time.