The Permanent Secretary of the Ministry of Finance Ramathan Ggoobi, who is also the Secretary to Treasury has said Uganda is on a mission to change its destiny, noting that in 15 years from now, naysayers will be proved wrong.“ We are people on a mission. Some people think we are still i
The Minister of Science, Technology and Innovation, Dr. Monica Musenero, has urged Ugandans to embrace innovation and value addition in the leather and textile sectors to unlock economic potential and reduce dependence on raw material exports.Speaking during a value chain development works
President Museveni has tasked religious leaders to join the government's efforts of spreading the wealth creation message to Ugandans.According to the president, religious leaders spend a lot of time in places of worship preaching the religious gospel to believers who are languishing
L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the Quarter One 2025 Investor Briefing event.The lender
President Donald Trump has announced the US will double its current tariff rate on steel and aluminium imports from 25% to 50%, starting on Wednesday.Speaking at a rally in Pittsburgh, Pennsylvania, Trump said the move would help boost the local steel industry and national supply, while re
The Ministry of Finance and aeocnokic Planning has launched the National Public Investment Management (NPIM) Policy, a strategic framework designed to ensure better planning, accountability, and efficiency in the use of government resources.The launch comes at a critical juncture as the co
President Museveni has said that Uganda’s true path to liberation lies not just in politics but also in technology, skills andpractical education.“Skilling hubs have two purposes. One is to create wealth. Wealth comes from people,” he said.The president made the re
Private sector operating conditions during April remained encouraging as the headline Stanbic Purchasing Managers’ Index (Stanbic PMI) rose to 55.3, up from the 52.9 recorded for March.Readings above 50.0 signal an improvement in business conditions on the previous month, while readings
Tanzania East Africa Gateway Terminal Limited (TEAGTL), the private operator of Terminal 2 has successfully implemented the Fixed Berthing Windows (FBW) concept at the Dar es Salaam Port.This operational reform is being hailed as a transformational step in the modernization of Tanzania’s
A Vietnamese energy mogul has delivered a sobering critique of Africa’s chronic development paralysis, warning that failure to prioritize basics like energy in countries like Kenya is fatal to economic progress.Doanh Chau, president of Vietnam Gas and Energy Science Grou
