Navigating Uganda's demographic challenge

Navigating Uganda’s demographic challenge: Impact of youthful population on social and economic dynamics

Amidst the latest demographic revelations indicating that half of Uganda’s population is aged below 17, a profound shift in dependency and societal dynamics emerges, bringing forth a myriad of social and economic implications. With a significant portion of the population falling within this age group, there arises a pressing need for resources and assistance to…

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President Museveni's vision for empowering troubled youth

Reviving Hope: President Museveni’s vision for empowering troubled youth

In a momentous gathering at State House-Entebbe, President Museveni and the Uganda Muslim Supreme Council (UMSC) leadership embarked on a transformative dialogue, delving deep into the challenges faced by certain marginalized youths, including those associated with the Allied Democratic Forces (ADF). The president’s resounding message resonated with hope and a call for action, emphasizing the…

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Uganda faces moody's downgrade Concerns rise over debt affordability and external vulnerability

Uganda faces moody’s downgrade: Concerns rise over debt affordability and external vulnerability

In a surprising turn of events, the Government of Uganda has recently experienced a downgrade in its long-term foreign-currency and local-currency issuer ratings. Moody’s, the renowned ratings agency, has lowered the ratings from B2 to B3, with a shift in the outlook from negative to stable. This news has sent shockwaves through the Ugandan population,…

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Banking industry's concerns mount as government proposes tax on loans

Banking industry’s concerns mount as government proposes tax on loans

The banking industry is facing a new wave of uncertainty as the government considers implementing a tax on loans. This development has caught the attention of financial institutions, sparking concerns and raising questions about the potential impact on borrowers, lenders, and the overall economy. The government’s proposal to tax loans stems from its desire to…

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