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Tag Archives: The Last Word

Uganda’s much-discussed bailout

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 …

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URA’s poor tax administration

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 …

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America’s war on its black citizens

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 …

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A tale of two roundabouts

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 …

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Against public education, health

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 …

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