By Julius Businge David Duli, the Country Director for World Wide Fund Uganda has added his voice to those that say energy access is critical in spearheading Uganda’s socio-economic transformation. “It fuels industrial growth which in turn creates jobs and boosts economic growth,” he said. Duli was speaking at the …
Read More »Economic growth is about forcing people to work, say expert
By Julius Businge Lawrence Bategeka, the acting principle at the Economic Policy Research Centre (EPRC) at Makerere University has urged government to force Ugandans to participate in productive ventures, if poverty levels are to reduce. Bategeka says the move will also see economic growth in a positive direction. Uganda’s economy …
Read More »BoU sets November CBR to 12.5%
By Julius Businge The Bank of Uganda has reduced the central bank rate (CBR) to 12.5% in November from 13% in October with the aim to influence cuts in commercial bank lending rates and boost economic growth, central bank governor Emmanuel Tumusiime Mutebile told reporters in Kampala on Nov. 1. …
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