IMF approves $120m to Uganda to moderate inflation

The East African economy is predicted to expand by 5.1 percent this year with Kenya, Rwanda and Tanzania leading the county’s economic push.

A report by audit, tax and consulting firm RSM (Eastern Africa) Consulting Ltd, labeled “The East African Economic Outlook 2024” and presented during the EAC CEO Roundtable on Tuesday in Nairobi, discloses that the country will remain to lead Africa’s development pace, increasing by 5.7 percent in 2025.