Uganda’s debt gymnastics

I was asked in a questionnaire for a course on economics; “What do you think is next big topic in Uganda?” My answer: “Debt”. And indeed it has turned to be true. Uganda’s debt is a hot topic. Matia Kasaija, the finance minister in the 2017/18 Budget Speech noted that; “Uganda’s public debt, therefore, is

Read More

The islands of the gods

Lake Victoria. Those are ancestors trying to say something. She keeps mentioning it. The lake wasn’t that calm. It was getting dark. The boat would occasionally seem to be swinging. To the left. To the right. And there was Kassim. So calm. Smiling. Sitting on the edge of the boat. The statistics show that not

Read More

From slave ships to migrant boats

Elmina. It is supposed to be Portuguese. Portuguese to mean Mina. A mine in English. There is no Gold. There is only salt mining. It is a fishing town in Ghana.  Wooden fishing canoes have flags lined up like the opening ceremony of the Olympics. Country flags. Football club flags. The village is on the

Read More

Conversations on flight 337

It is 2:40am on Sunday. We are taxing. As they refer to it in the aviation sector. It is flight 337 on Ethiopian Airlines from Entebbe International Airport to Addis Ababa. A late night flight is often coupled with coldness. Within minutes, we are airborne. The view from the window is beautiful. That is because

Read More

What Free Market. You shutdown mobile money – just like that.

“But as the sun sets on the first decade of the 21st century, that story has already become ancient history. The power of the state is back,” Ian Bremmer, The End of the Free Market. —————————————————————————————————————————————- On Election Day, frequent users of mobile money woke to a shut-down of the service. Without notification, users were

Read More

The art of “fear-mongering”

The only thing we have to fear is fear itself. Franklin D. Roosevelt Isingiro. A district lacking a proper water supply system. It has a new tarmacked road. Constructed by the Chinese. A population engaged in agriculture. A population that is poor. High voltage electricity lines crisscross their land. They have limited access to electricity.

Read More

Surprised? Don’t be. Mutebile was admitting the obvious.

“The problem of appreciating private sector constraints is reinforced by these institutions being dominated by people who have never run their own business, let alone exported a product” Andrew Rugasira (A Good African Story)   In February 2014, the Uganda Shilling began a downward trend against the US Dollar. At the time, the sentiments were

Read More

[Guest Blog] Crystal Telecom Rwanda IPO: Why investors could cry

By Andrew Muhimbise Rwanda is a small mountainous country in the middle of Africa, it has had a stellar Public Relations performance ever since the Rwanda Patriotic Front (RPF) took power and control of this small Nation, I mention RPF because this ruling party owns the selling shareholders: Crystal Ventures which is offering 100% of

Read More

For Kyayonka, look beyond the minuscule time at NSSF

It’s a four. No, it is a six. Wait, they call them boundaries. Wicket. This one comes after some fine bowling. A mistake by the batsman. Then there is a duck. Not one in water. One in cricket where you don’t get to pick a single run. Then there is Yorker. An over. A century.

Read More

1 2 3