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“Uganda’s oil” and Wakanda

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Wakanda. Futuristic. It doesn’t rely on foreign aid. It is rich. Technologically advanced. Built local capacity. Local capacity is local content. They had a very rare metal. Could be a mineral. Vibranium. It is also fictional. In the Wakanda Kingdom, they seem to have managed their resource well (apart from the fact that they don’t […]

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Uganda’s debt gymnastics

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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 […]