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Tag Archives: Bank of Uganda

UGANDAN OIL: Its time for business now

Energy minister Irene Muloni toasts to the launch of the FEED study this week with the executives from the oil sector. Right is Total's GM Adewale Fayemi

Government must certify Ugandan workers now or never  Uganda has entered one of the most important phases of its oil industry; described generally as the development phase. Estimated to last about four years, it will be characterised by heavy construction activities and this will require the supply of goods and …

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Uganda’s economy in 2017

Bank of Uganda Governor Emmanue Tumusiime Mutebille

Analysis, projections and risks everyone needs to know! Ugandans have lived through difficult economic horizons. However, 2016 will be remembered for quite a time. It has been a year many Ugandans could not wait to end, for a number of reasons. First,it started with difficult political questions.Traditionally election years in …

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Uganda needs a “developmental state”

BoU governor Emmanuel Tumusime Mutebile

Government must develop an industrial policy, on its own invest in strategic industries, and increase development financing! Ugandans are concerned with what is happening with their financial and economic well being today. Prices of nearly everything have increased yet people’s incomes are dwindling since the shilling has lost a lot …

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Why are we stuck with IMF/WB policies?

Uganda's President Yoweri Kaguta Museveni

Why do our leaders insist on doing what you know has not worked before and will never work?Why do you insist on repeating what has failed? Every student of development economics knows that this discipline attempts to answer three key questions: (1) what drives development and growth? (2) what are …

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We need another currency reform

BoU boss Tumusiime Mutebile should either withdraw the 50/= coin or enforce its use

We need to overhaul our monetary system that has been ravaged by mounting foreign debt, and fiscal indiscipline! If China is at the epicentre of a financial earthquake, Uganda is the headquarters of currency free-fall. The Ugandan Shilling has lost a quarter of its value in the last six months. …

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