Browsing: President Yoweri Museveni

A street in Uganda. Uganda's economy is being weighed down by youth unemployment and external debt among other challenges. www.theexchange.africa
  • Every part of every economy depends on the feel-good factor and humans are bad at dealing with uncertainty.
  • Uganda appears to have been relatively untouched by the pandemic in terms of infections and deaths.
  • President Museveni and his Health Minister have recently declared that not even Omicron will delay the reopening of the economy any longer.

“And so this is Christmas, and what have we done? Another year over and a new one just begun,” sang John Lennon, continuing with, “A very merry Christmas, and a happy new year, let´s hope it´s a good one, without any fear.” 

My business, investment and wealth management is wholly dependent at every level on investor and consumer confidence. In reality, every part of every economy depends on the feel-good factor and we humans are very, very bad at dealing with uncertainty.

From that perspective, the past two years have been the very worst

It is a new dawn for Uganda and the regional economies after the much-celebrated inauguration of H.E. Yoweri Kaguta Museveni for the 6th term on May 122021.  

The ceremony was attended by local and regional dignitaries  heads of states, ministers, heads of diplomatic missions and international organizational heads. H.E. Museveni in his speech gave highlights and assurance to the business community around the East African region, Africa and the world at large,  stating that the National Resistance Movement (NRM),  the ruling party, stands for Pan-Africanism which translates into economic and political integration. Economic integration in this case refers to having a common market for products and freely doing business within the borders of the neighbours. This is an assurance that the Ugandan market specifically, is open for interested economies and individual business owners and

Tanzania President Samia Suluhu Hassana’s first state visit to Uganda has signaled the revival of East Africa’s energy arena.

President Samia made her first trip outside Tanzania as head of State on Sunday, April 11, since she took oath of office on March 19 following the death of her predecessor John Pombe Magufuli, who succumbed to heart disease last month.

Samia met her Ugandan counterpart Yoweri Kaguta Museveni and agreed to support and show their commitment to the realisation and implementation of the strategic East African Crude Oil Pipeline (EACOP) project.

The agreement was made on Sunday at the State House in Entebbe during the bilateral talks.

Accelerating the Uganda-Tanzania Energy Relationship

In May 2017, both countries signed the Intergovernmental Agreement (IGA) on the implementation of the project.

The last meeting regarding the project was held in September 2020 between Museveni and the late Tanzania president John Magufuli at Chato, …

President Yoweri Museveni got assurance on Uganda’s beef exports to Britain and a commitment of $19.6 million funding at the UK-Africa Investment Summit.

The funding pledge is part of a $419 million UK Aid package for the 21 countries invited to the investment Summit.

The funding is intended to start a new phase of financial sector development (FSD) across Africa, to increase the existing financial sector programmes, set up and scale up new FSDs in high priority markets, including Ethiopia, Sierra Leone, Ghana and the West African Monetary Union.

The State House of Uganda said that President Museveni held a bilateral meeting at the sidelines of the summit with UK Prime Minister Boris Johnson.

Also Read: Uganda Development Bank unveils $500 million plan for lending

President Museveni asked UK’s prime minister to encourage more British firms to invest in Uganda, saying that the country has vast investment opportunities in the …

In the course of the year, Mary Muthoni Muriuki has interacted with the high and mighty across the East African region and beyond in her quest to push for women to be fully involved in businesses. Her journey has seen her interact with Ugandan President Yoweri Museveni as well as other leaders in Africa.

Mary is the CEO and president of the Kenyan based Women In Business (WIB) and she acknowledges that her quest to put focus on women affairs and how they engage in business has not been easy but quite rewarding.

Each year, Mary and Women in Business organize the Women in Business Awards since 2017. These awards continues to be distinguished in awarding women in Kenya by fueling entrepreneurial impulse in women in Kenya.

“Our Mission is to promote, assist and enhance economic and business development for all our members at both National and County level so …