Finance

PRESS RELEASE ON FOURTH QUARTER EXPENDITURE RELEASES FOR FY 2024/25 I wish to welcome the media and other stakeholders to this press briefing whose objective is to:Brief the country on the State of the Economy;Communicate to the country the release...

PRESS RELEASE ON THIRD QUARTER EXPENDITURE RELEASES FOR FY 202425Download

In a step towards strengthening Uganda’s trade and export potential, Hon. Francis Mwebesa, the Minister of Trade, Industry, and Cooperatives, this afternoon officially commissioned the Uganda Connect Trade Hub at Entebbe International Airport. The hub, strategically located within the...

The Government of Uganda officially commissioned the Free Zones Export Facility and launched the National Implementation Strategy for the African Continental Free Trade Area (AfCFTA).  The event that took place yesterday at the Uganda Free Zones Authority in Entebbe was...

STATE OF THE ECONOMY Economic Growth There is continued expansion of Uganda’s economy. This is affirmed by the recently released Quarterly GDP outturns for the second quarter of calendar year 2024 (April – June 2024) which showed that the economy expanded...

President Yoweri Kaguta Museveni has appealed to the youth to engage in wealth creation to fight unemployment. “When you engage in wealth creation, you create jobs. The source of jobs is wealth creation,” he emphasised. The President made the remarks on...

In 2016, the Global Entrepreneurship Monitor Report ranked Uganda among the world’s top entrepreneurial country. The report, however, also showed that the rate of failure of businesses in Uganda was one of the highest in the world, citing that...

Kampala, Uganda - The Institute of Procurement Professionals of Uganda (IPPU) on September 6, 2024 hosted its 8th Annual Procurement Summit at Hotel Africana in Kampala, under the theme: Leveraging the Procurement and Supply Chain Ecosystem for Social Economic...

Kampala, the capital city of Uganda, is recognised as the most affordable in East Africa. It boasts of a lively culture, growing economy, and friendly environment, making it an appealing spot for both visitors and those looking to settle...

The Parish Development Model (PDM) is a presidential initiative that is a multi-sectoral economic plan of action aimed at spurring social-economic transformation by moving more than 40% of households into a money economy using small units like parishes as...