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Every election season in Uganda blooms with promises of transformation. Candidates unfurl manifestos brimming with pledges to create jobs, industrialize, end poverty, and modernize agriculture. Yet beneath the familiar rhetoric lies a deeper question: Will any of these promises align with Uganda’s long-term growth blueprint? NDP IV and the 10×10 growth strategy Uganda’s newly unveiled Fourth National Development Plan (NDP IV), covering 2025/30, defines the economic direction for the next administration. It operationalizes the country’s 10×10 Growth Strategy, an ambitious framework designed to make the economy ten times larger by 2040. This plan, not the next manifesto, will determine whether…
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Hon. Matia Kasaija, Uganda’s Minister of Finance, Planning and Economic Development, today officiated the handover ceremony of the National Lotteries and Gaming Regulatory Board (NLGRB), commending the outgoing Board for…
The Uganda Bankers’ Association (UBA) has reaffirmed its commitment to supporting the Ugandan government’s ambitious economic expansion strategy, which aims to grow the country’s GDP from USD 50 billion to USD 500 billion by 2040. Speaking at the 2025 UBA CEO Retreat, UBA Chairperson Julius Kakeeto emphasised the critical role of the banking sector in facilitating this transformation. He stated, “Finance is a key enabler. Appropriate financing is the key word here! There is a common belief that the strength of a nation depends on the depth and strength of its financial system.” He further underscored the importance of financial…
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This festive season, I had time to reflect deeply on how insanely gifted Uganda, the Pearl of Africa, is by nature and how we, as a country, have failed to maximise this potential year after year. Year in and year out, we, as a country, have failed to allocate resources to where they can bear the most return on investment. We continue to ignore optimally investing in both refining the thousands of pearls that make up this Pearl of Africa and aggressively taking them to the marketplace to unlock the billions of dollars that lie in waiting. My reflections were…
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