Tag Archives: economy

Ministry of Finance officials say they have spent over 100 percent of the budget but government departments are struggling to meet their obligations amidst talk that the 2015/16 budget was suppressed by 30 percent. From his office on the sixth floor of the Finance Ministry block in Kampala, Kenneth Mugambe, …

From his office on the sixth floor of the Finance Ministry block in Kampala, Kenneth Mugambe, the Director Budget can look down contentedly at the Nakasero neighbourhood of the rich.  The downtown poorer sections of the city are blocked from his view. Donning a stylish purple shirt and a matching …

  COMMENT: By Andrew Rugasira Economists used to consider the informal sector a “shadow economy”, a relic from the underdeveloped past that would be replaced by formal activities and better paid jobs. Not anymore. The informal sector has in many ways superseded the formal sector and is now the face …

Cover story: Billions borrowed from PTA Bank cause jitters News Analysis: Where is hope for Burundi?   Feature: Unusual heat waves in Africa will soon be the norm, study says Health: Tackling TB Testing   Business BATU owners to share Shs 20 bn   LAST WEEK IN THE INDEPENDENT ( …

Achieving middle-income status in 5 years: Museveni’s latest politicking joke or a realistic national target? ANALYSIS: When President Yoweri Museveni took the oath of president for the sixth time on May 12 at Kololo Ceremonial Grounds in Kampala, he had one goal clearly on his mind: delivering Uganda to the …

Museveni’s latest politicking joke or a realistic national target? When President Yoweri Museveni takes the oath of president for the sixth time on May 12 at Kololo Ceremonial Grounds in Kampala, it appears he will have one goal clearly on his mind: delivering Uganda to the middle income bracket by …

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 …