By Julius Businge The International Monetary Fund Senior Resident Representative in Uganda, Ana Lucia Coronel has said that there is a need for banks to put up stiff competition in the sector, if customers are to benefit. “There is competition but it is not strong enough to influence business decisions,” …
Read More »Post-election economic woes
By rukiya makuma & joan akello IMF, donors withhold support for Uganda Rachel Kimono could not hide her excitement on the eve of the Feb. 18 general election. She was waiting for money promised by mobilisers for the ruling NRM party in her Nakaloke village in Mbale district to potential …
Read More »Gloomy IMF predictions loom over World Economic Forum
By Independent Team & Agencies Suruma prays to God as Davos delegates tackle worst slump Global economic growth in 2009 is expected to fall to 0.5% when measured in terms of purchasing power parity and to turn negative when measured in terms of market exchange rates. That verdict is contained …
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