Tag Archives: economy

Bank of Uganda has reduced the Central bank Rate (CBR) to 16% to ease monetary policy for potential economic growth. BOU maintained the rediscount rate and bank rate at 20%and 21% respectively, the policy will also maintain the core inflation over the next quarters, so as to target 5% of the …

FULL text of the State of the Nation Address by President Yoweri Kaguta Museveni June 4, 2015   Uganda State of the Nation Address 2015 by The Independent Magazine Share on: WhatsApp

By Julius Businge  New poll indicates majority of Ugandans happy with the economy but… A poll conducted in April this year by Research World International (RWI) in partnership with Monitor Publications Limited and Uganda Governance Platform paints a good picture about Uganda’s economy since 2011. The major objective of the …

By Joseph E. Stiglitz Austerity policies have made the downturn far deeper, longer, and with long-lasting consequences Soon after the global financial crisis erupted in 2008, I warned that unless the right policies were adopted, Japanese-style malaise – slow growth and near-stagnant incomes for years to come – could set …

By Yoweri Kaguta Museveni Lack of democracy and peace, corruption and weak states  interfere with the building of the economy As far as Uganda is concerned, you cannot build a robust and sustainably developing economy if you do not deal with the following eight bottlenecks: A human resource that is …

By Julius Businge Lawrence Bategeka, the acting principle and research fellow at the Economic Policy Research Centre at Makerere University has urged all players of the economy not to repeat the wrongs committed in the past year so we can have a better 2013. Bategeka told The Independent in an …

By Esther Dyson What will be the net economic value of people spending time attracting others’ attention by accumulating “likes”? I was recently posed the following question: “The most important way in which the Internet and online social media are changing our world is [fill in the blank].” My standard …

By Julius Businge The Bank of Uganda Governor, Emmanuel Tumusiime Mutebile, has said that if donors go ahead and cut aid to Uganda, the country’s economic growth rate will reduce by about 0.7%. “That’s if they cut because we hear some have cut and others haven’t,” Mutebile told a press …

By Sarah Namulondo President Yoweri Kaguta Museveni has blamed Uganda’s poor economy on Amin’s expulsion of Indians from Uganda. He said that characters like Idi Amin disturbed the relationship between Uganda and India. The president said if the Indians were not expelled Uganda’s economy would be very far with their …

By Joseph Were Museveni’s schmoozing with Stiglitz bad news for Mutebile When President Yoweri Museveni spoke at this year’s Joseph Memorial lecture in Kampala of the desirability of a “hybrid” economy, he marked a retreat from the current free market regime to his mixed economy days of the 1980s.  Time …