Tag Archives: The Last Word

On March 31 2016, the total value of all loans in Uganda’s commercial banking industry was Shs21.7 trillion of which Shs528 billion were non-performing loans (or “bad loans”) i.e. 2.64% of the total. Under the effective oversight of Bank of Uganda, especially its director for supervision; Justine Bagyenda (known in …

Why Rwandans tell pollsters they are free while abstract standards of freedom say the country is repressive The view that Rwanda is a police state is such an entrenched position among critics of President Paul Kagame that it has become gospel truth. Last week on my radio talk show on …

How corruption has disabled mechanisms through which the business community can fight for better tax laws THE LAST WORD: By Andrew M. Mwenda Uganda’s ratio of taxes to Gross Domestic Product (GDP) has remained almost stagnant for 19 years. In 1997, it was 11%. Since then it has risen to …

Slavery in America may have ended but the US state has reproduced it through mass incarceration of blacks and police violence in poor black communities due to its hidden economic gains  THE LAST WORD: By Andrew M. Mwenda Recent events in the United States; where police shot and killed two …

Why our country remains poor with high unemployment in spite of 28 years of huge expansion in GDP Last week, I spent an entire day at Uganda Bureau of Statistics crunching numbers with the staff on our GPD growth between 1986 and 2014. There is only one route for nations …

Why the story of Rwanda’s economic success keeps being juxtaposed with human rights abuses Last week I was in Kigali, Rwanda, after only two weeks of absence. Driving from the airport to the city, I found two new roundabouts near the new Convention Center complex. On my right was a …

Why obsession with investment in mass public education and health in poor countries could be less optimal policy Let me articulate a heresy. I am increasingly suspicious of the obsession by governments in poor countries to invest in “education and healthcare for all” as a strategy to combat poverty. This …

Why good leadership at a national level is not enough to make a country successful economically THE LAST WORD: Let us do a thought experiment. It is often said that the problem of Africa is poor leadership: if our continent had leaders dedicated to serving their people rather than lining …

In leaving power the president would cause Ugandans to re-evaluate his legacy with better perspective There is one thing I wish to request: That President Museveni and NRM should not amend the constitution to remove the age limit on the presidency so that he can run in 2021. There is …

The drivers of cleanliness, order, and the brand of dignity Rwandans are building In mid-May we were in Kigali, Rwanda, attending the World Economic Forum meetings. Across most of Kigali, there was something that has become a signature of everything in this country – order. The streets were clean to …