BusinessLatestNewsTOP STORIESWorld

East African Economies Show Resilience in 2025 — Uganda’s Growth Driven by Oil & Trade

According to the latest outlook published by Deloitte, East African economies are demonstrating resilience despite headwinds — and Uganda is among the standouts. The 2025 Economic Outlook notes Uganda’s GDP grew to 6.1 % in 2024 from 5.3 % in 2023, driven by oil-sector investments and expanding regional trade.
However, the report warns that external debt vulnerabilities and delays in oil-production could dampen momentum. For Uganda’s urban dwellers, this translates into possible infrastructure projects, but also risk of inflation and service cost pressures.

Key take-aways for urban Uganda:

Rapid growth suggests job creation in sectors like construction (for oil & infrastructure) and services (trade & logistics).

Watch cost of living: With growth, inflation (especially in urban markets) may pick up.

Transport & infrastructure investment may alleviate urban mobility issues (Kampala traffic, inter-city links).

Real estate demand may increase.

Leave a Reply

Your email address will not be published. Required fields are marked *