The International Monetary Fund has said Uganda has navigated post-Covid-19 recovery well due to sound macroeconomic policies.The country’s economic recovery, the IMF noted in a statement is strengthening, chara
As of April 2024, the East African Community accounted for 31.7 percent of Uganda’s total export market whereas her total trade with the rest of the world increased by 36.3 percent to US$18.1billion in 2023 from US$13.3billion in 2022, while total imports from
Chinaâs approach to African countries, and Uganda in particular, has been heavily influenced by a shared sense of historical and contemporary struggles against neo-imperialism. This belief has shaped C
An artist’s rendering of the Forbes International Tower.Photo: Adrian Smith + Gordon Gill ArchitectureForbes is set to construct a 50-storey hydrogen-powered building in Egypt, the first of its kind in Africa. This groundbreaking pr
Bags of Ugandan coffee stored at a bulking centre as they await shipping to overseas markets. Over 60% of the country’s coffee ends up in the EU market signifying its importance to Uganda. COURTESY150 days left to comply with new to
Kampala, Uganda | THE INDEPENDENT | Ugandans seeking employment in the oil refinery in the Albertine Graben need to be patient as the negotiations go on.State Minister for Energy, Okasaai Opolot says Ugandans will get jobs during and
India and South Korea are advancing discussions to upgrade the 2010 Comprehensive Economic Partnership Agreement (CEPA). The 11th round of negotiations will take place in Seoul from July 17-19. Both nations are seeking greater market access for essential produc
Police in Kampala have apprehended 30 individuals for engaging in unlawful demonstrations against the construction of the East African Crude Oil Pipeline (EACOP).Hundreds of people gathered outside Chinese embassies and financial institutions in 10 countr
A Shein pop-up store in Ottawa, Canada. Photo: ReutersFast-fashion retailer Shein, which thrives on a business model that sells budget made-in-China consumer goods overseas, is set to file an initial public offering (IPO) in London this week, according to
Africa has been dubbed blessed for many reasons, from its population size, to its mineral resources and its mind-blowing land mass.10 largest African countries by land massAfrica is the wor
