Economy
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News
Uganda’s economy displays positive outlook amid growth, trade, and inflation trends
KAMPALA, June 17 2025 — Uganda’s economy continues to exhibit strong resilience and growth, according to the May 2025 Performance of the Economy Report, released by the Ministry of Finance, Planning, and…
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Co-op Live contributes over £1.3bln turnover to UK economy since inception
LONDON, June15, 2025 — Co-op Live has delivered a staggering £785.5M boost to the UK economy [measured by Gross Value Added [GVA], with a total turnover of £1.3 billion since breaking ground…
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Ugandan traders decry over-taxation
KAMPALA, June 15, 2025 –– Traders under the umbrella body, the Uganda National Traders Alliance [UNATA], have accused the Uganda Revenue Authority [URA] of over-taxation and failing to understand the challenges faced…
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Shs 72.3 trillion budget to drive full monetisation of Ugandan economy
KAMPALA, June 13, 2025 –– The Finance Ministry has unveiled a Shs 72.136 trillion national budget for the 2025/2026 financial year, setting its sights on transforming every corner of the country into…
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Health Ministry refutes claims of COVID-19 resurgence in Uganda
KAMPALA, June 11, 2025 – – The Ministry of Health has dismissed recent social media reports suggesting a resurgence of COVID-19 cases in Uganda, labeling them as misleading and based on outdated…
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Uganda’s economy strengthens in April amid rising inflation and export growth
KAMPALA, May 23, 2025 –– Uganda’s economy showed continued signs of recovery in April 2025, supported by stronger business activity, robust export growth, and stable financial conditions, according to the Ministry of…
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Australian coop sector urges new government support
SYDNEY, May 17, 2025 — Australia’s Business Council of Cooperatives and Mutuals [ BCCM ] has welcomed the election of Anthony Albanese’s new Labor Government and expressed its commitment to working with…
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California sues Trump administration to block tariffs
LOS ANGELES, April 19, 2025 — California on Wednesday filed a lawsuit seeking to block U.S. President Donald Trump’s sweeping tariffs on foreign trading partners, accusing him of abusing his powers and…
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House approves Shs 9.5bln in tax waivers for local companies
KAMPALA, February 22, 2025 — Parliament on Thursday approved tax waivers of over Shs 9.5 billion for selected local investors for the running financial year 2024/2025. This followed the adoption of the report…
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Sustainable Energy Fund for Africa gets more funding to boost electricity connectivity
DAR ES SALAAM, January 31, 2025 — Denmark, the United Kingdom, Spain and France have unveiled new or additional contributions to the Sustainable Energy Fund for Africa, demonstrating strong support for the…
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