Tag Archives: economy

On May 4, President Yoweri Museveni held an emotional last meeting with his outgoing cabinet at State House Entebbe. Its high point was a group portrait taken on the main front porch. The photo exposes, in an amazing way, the changes coming in Museveni’s next government. The photograph (above) has …

Last year, the government revised the current budget from Shs 18.3 trillion to Shs 23.9 trillion citing the upcoming general elections, which it was claimed required more funding.  The national budget that will be presented next month will be worth a record Shs 26.3 trillion, an increase of 9%. What …

Why the competition for power is always a quarrel over delusions rather than a contest over public policy I argued in this column last week that governments in poor countries cannot govern by delivering a large basket of public goods and services associated with a modern state because they don’t …

Cover story: Museveni gets Shs70bn telecom monitoring gadget An investigation by The Independent reveals that State House is closing in on a procurement of high-tech gadgets meant to forestall fraud among telecoms, which is costing government colossal sums in tax revenue. Last Word: Fight over misguided objectives Andrew Mwenda carries …

The International Monetary Fund (IMF) has hailed Uganda on infrastructure development as well as efforts to contain inflation amidst challenges of high exchange rates and fluctuating  prices. In its latest report “Recent development’s and prospects, Uganda’s Economic Buffers”, the IMF says Uganda is relatively high on growth, low on inflation,  …

Why leaders of poor countries are not as cruel and selfish as Western media portray them In a moment of madness, I toyed with the idea of running for president of Uganda. I had the hubris to imagine I am the guy who can solve its myriad problems because President …

Uganda’s inflation rate has dropped from 6.2 percent in March to 5.1 percent in April. Uganda Bureau of Statistics (UBOS) revealed that slowing price rises of food and energy have played a key role in the positive change in the headline inflation rates. (SEE FULL REPORT AT BOTTOM) Decreased fuel …

OPINION Why we should downplay anecdotal evidence by looking at scientific data that gives a broader picture So last week the cancer machine at Mulago Hospital collapsed, causing uproar in mainstream and social media. Every newspaper columnist or television/radio pundit of any heft weighed in. Daily Monitor devoted its whole …

Why in spite of registering good welfare outcomes we have made little progress at structural transformation I have just been reading the National Population and Housing Census (NHPC) report for 2014. It shows Uganda has registered many welfare improvements, but also reveals that President Yoweri Museveni’s dream of transforming Uganda …

Washington, United States | AFP Angola said Wednesday it had asked the International Monetary Fund for help after the crash in oil prices ravaged government finances. The IMF said discussions would begin next week in Washington on what could be a three-year support plan for the government. “The sharp decline …