Romania’s GDP increased by 1.6% y/y under the national methodology and 1.2% y/y under the methodology used by Eurostat, according to the flash estimate published by the statistics office INS. This resulted in a Eurostat methodology growth rate of around 1.4% for the first three quarters of the
How government’s borrowing spree is leaving citizens bearing the country.At dawn, the roar of engines rises above the quiet streets of Entebbe as David Tumusiime, 47, prepares for his daily commute to Kampala. Like thousands of other motorists, he joins the line sn
Denis Tukahikaho Ph.D. is an expert on Cooperatives, Financial Inclusion and Renewable Energy InvestmentKAMPALA – The Green Climate Fund (GFF) has approved a USD 31 million (UGX 107.7 bn) as a result-based payment for Uganda in recognition of measurable success in reducing deforestation
The UAE Ambassador to Uganda, HE Abdulla Salem Alshemeli, H.E Sheikh Sultan Jemai Al. Hindas, Director General of the Furjairah Chamber Commerce and Industry and the Prime Minister of Uganda Hon. Nabbanja Robinah and Hon. Dr Monica Musenero the Minister of Science Technology and Innovation Inform
Parliament is today set to authorize a staggering Shs8.2 trillion in new borrowing, a move that signals the nation’s spiralling public debt already at Shs116.2 trillion (51.3% of GDP) and its economic implications.According to the house order of today’s business (Order Paper
An artistic impression of an oil refinery. Uganda hopes to complete construction of a 60,000 barrels/day refinery by 2030. COURTESY IMAGE/PETROLEUM AUTHORITY OF UGANDA.Delayed construction heightens importance of missing piece in
President Museveni has cautioned young Ugandans against unsafe labor migration, particularly to Middle Eastern countries, urging them instead to embrace opportunities in Uganda’s domestic economy.He highlighted commercial agriculture, manufacturing, ICT, and services as key sectors for j
The Democratic Party (DP) yesterday, September 14, 2025, gathered at Serena Hotel in Kampala for the official launch of Beatrice Mao’s manifesto as she seeks the Kampala Lord Mayor seat.Mao, who previously attempted to contest in 2021 but was disqualifi
Elon Musk is the world's richest man, but his whopping $413.2 billion net worth doesn't even come close to this Marvel superhero's wealth. Elon Musk is the world's richest man. He owns X, is the CEO of
Uganda’s Second Deputy Prime Minister and long-serving legislator for Adjumani West County, Gen Moses Ali, has once again urged President Museveni to establish a dedicated Ministry for the West Nile Region and ensure compensation for war debt claimants who suffered during past insurgencies
