Kampala – The Minister of Finance, Matia Kasaija, has assured Ugandans that the government is prepared to shield the economy from post-election shocks and price instabilities, including those affecting the coffee sector.
California's economy has overtaken that of the country of Japan, making the US state the fourth largest global economic force.
Governor Gavin Newsom touted new data from the International Monetary Fund (IMF) and the US Bureau of Economic Analysis showing California's growth.
The data shows California's gross domestic product (GDP) hit $4.10 trillion (£3.08 trillion) in 2024, surpassing Japan, which was marked at $4.01 trillion. The state now only trails Germany, China and the US as a whole.
President Donald Trump has announced new import taxes of 25% on cars and car parts coming into the US.
Trump said the latest tariffs would come into effect on 2 April, with charges on businesses importing vehicles starting the next day. Taxes on parts are set to start in May or later.
The Ham Enterprises founder, ranked among Uganda's top five wealthiest individuals, attended the March 21, 2025 swearingin ceremony of President Netumbo Nandi Ndaitwah Namibia's first female president. During the event, Dr. Kiggundu emphasized:
US stock markets experienced a sharp decline on Monday as investors expressed growing concerns over the potential negative economic impact of President Donald Trump's tariffs. The downturn followed the president's comments in a recent TV interview, where he described the US economy as being in a "period of transition," sparking fears of a potential recession.
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