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Markets in downtown Kampala remain lively, yet many traders quietly admit sales are slowing and loan costs are biting harder. It is the classic squeeze: weak consumer demand meeting tighter…
The Alliance for National Transformation (ANT) has an ambitious plan to reset Uganda’s economic trajectory. In its manifesto, the party, led by Gen Gregory Mugisha Muntu, promises to steer the country away from what it calls a “consumption-driven, debt-laden model” towards a production-led economy. ANT argues that Uganda is endowed with natural resources and a youthful population that could drive transformation. Yet poor governance, corruption, and misplaced priorities have left millions trapped in poverty. Agriculture as the driver At the heart of ANT’s economic vision lies agriculture, which employs the majority of Ugandans. The party insists that no country has…
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As Uganda heads into another electoral cycle, the National Resistance Movement (NRM) has unveiled its 2026–2031 Manifesto, branding it a programme for “consolidating socio-economic transformation.” The document doubles as both a balance sheet of what the party says it has delivered since 1986 and a forward-looking plan for the next five years. At its heart, the manifesto sets out a vision of industrial growth, agricultural modernisation, financial inclusion, and digital innovation. It also places heavy emphasis on stability, infrastructure, and regional trade. It frames these as foundations on which Uganda’s next phase of transformation will stand. The economic broad vision…
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The United States of America has moved to reset relations with Uganda, with Secretary of State Marco Rubio speaking by phone with President Yoweri Museveni about “opportunities to deepen U.S.–Uganda cooperation on migration, reciprocal trade, and commercial ties.” In a readout attributable to U.S Principal Deputy Spokesperson Tommy Pigott, the U.S Secretary who spoke to President Museveni yesterday also thanked Uganda for serving as a pillar of regional stability through its peacekeeping roles in East Africa. The outreach comes as both sides test whether months of friction over rights and aid can give way to a more pragmatic and economics-first…
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The Uganda Tourism Association (UTA) President, Mrs. Yogi Biriggwa, has urged the government and development partners to direct more efforts and resources to accelerate post-pandemic tourism sector recovery. In a World Tourism Day 2024 speech delivered on her behalf by Mr Isa Kato, the Vice President, Yogi said that while there had been a near-full recovery of pre-pandemic figures, more investments were needed to meet the funding targets envisaged in the National Development Plan (NDP) III. According to the latest figures, international tourist receipts grew by 48.5% in 2023, from UGX.2.7 trillion in 2022 to UGX. 3.8 trillion (USD 1.01…
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President Yoweri Museveni has eased the no movement lockdown instituted last month for 42 days. The President said that the decision to relax the lockdown was reached after the national taskforce considered a number of factors that include; The current level of COVID-19 transmission as shown by the drop in cases,Positivity rate and hospital admissions,Adherence to SOPs by the population,Economic considerations for the country, and the wanainchi, Current coverage of vaccination andProlonged effects of the pandemic (17 months) on the wanainchi. He says that after consulting the scientists as well as the National Planning Authority, he has revised the directives…
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