By The Independent Team President Yoweri Museveni has projected Uganda’s economic growth to be as high as 7.5% in the year ending June 30, according to a statement issued by the government Media Centre President. Mr Museveni based his projections on improved exports performance and investment in energy industries. “While …
Read More »The economy in 2009: Growth could slow down, poverty reduce
By Independent Team Economic growth in sub-Saharan Africa is expected to moderate in the face of the financial turmoil, especially as terms of trade gains from the surge of commodity prices moderate. Overall, growth is projected to decline from 7% in “07 to 6% in 2008-09. South Africa, the region’s …
Read More »Global Crisis: Does Mutebile understand the economy?
By Patrick Kagenda If the value of its currency is falling, fuel prices and inflation going up and an irrational indifference hits its securities exchange; is it realistic to say the economy’s fundamentals are ok? Finance minister Ezra Suruma, Bank of Uganda Governor Tumusiime Mutebile, and Uganda Securities Exchange boss …
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