By Julius Businge Senior economist Augustus Nuwagaba from Makerere University has called on government to spend resources on critical sectors like infrastructure, agriculture, manufacturing among others to grow the economy in the New Year, 2013. The central bank recently said the economy grew at 5.2% for the period ending December …
Read More »AfDB to use Africa’s foreign reserves cash for infrastructure projects
Kampala, Uganda | Ronald Musoke | The president of the African Development Bank (AfDB), Donald Kaberuka, has said the continental institution is in the process of convincing African states to use some of their savings held in foreign reserves to kick start several infrastructural projects to aid their economic transformation. Kaberuka who …
Read More »Poor infrastructure frustrates real estate development
By Patrick Kagenda Lack of access roads, water and sewerage and electricity networks lead to a doubling of the cost of building and owning of a home or real estate development as it’s popularly known in Uganda. Housing experts say if government could put in place infrastructure, turn key houses …
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