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Tag Archives: economy

A frank memo to our elite

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 …

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Uganda’s failure to transform

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 …

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Angola, hit by collapse of oil prices, seeks IMF aid

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 …

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BOU: Fall in food prices lowers Uganda inflation

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 …

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