Tag Archives: economy

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 …

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 …

FULL text of the State of the Nation Address by President Yoweri Kaguta Museveni June 4, 2015   Uganda State of the Nation Address 2015 by The Independent Magazine Share on: WhatsApp

By Julius Businge  New poll indicates majority of Ugandans happy with the economy but… A poll conducted in April this year by Research World International (RWI) in partnership with Monitor Publications Limited and Uganda Governance Platform paints a good picture about Uganda’s economy since 2011. The major objective of the …

By Joseph E. Stiglitz Austerity policies have made the downturn far deeper, longer, and with long-lasting consequences Soon after the global financial crisis erupted in 2008, I warned that unless the right policies were adopted, Japanese-style malaise – slow growth and near-stagnant incomes for years to come – could set …