The World Bank has, in its latest forecast, painted Uganda’s economic prospects for 2024 as much brighter compared to her neighbours in the Sub-Saharan Africa region. The World Bank published its ‘Global Economic Prospects Report’ on 8th January showing Uganda’s growth is projected to strengthen between 5.4 percent in 2024 and 5.7 percent in 2025 largely backed by oil investments. This is slightly below the Bank of Uganda’s projections at 6 per cent for the Financial Year 2023/24 supported by the continued recovery of industry, agriculture, construction, services and continued foreign direct investments. The World Bank shows a similar pattern…
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His Majesty – the of Toro Kingdom, Omukama Oyo Nyimba Kabamba Iguru Rukidi IV has successfully summitted Margherita, the highest peak in the Rwenzori Mountains- Uganda’s tallest mountain and the third tallest in Africa. This is to promote mountain tourism to draw sustainable adventure tourism under the Campaign – Conserving Mountain Ecosystems. The campaign that is being run together with the United Nations Development Programme (UNDP), Uganda’s Ministry of Tourism, Wildlife & Antiquities (MTWA), Uganda Tourism Board (UTB) and the Toro Kingdom, aims at highlighting the beauty and splendour of the Rwenzori Mountain ranges as one of the remaining equatorial…
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