Uganda President Yoweri Museveni has hailed the country’s improved economic performance despite the global financial crisis that is affecting many countries in the world. Museveni who on Tuesday delivered the state of the Nation address says Uganda’s economy rebounded strongly recording a 9% growth rate in the July 2010-June 2011 period. He gives the huge […]
Experts have given an above average ranking for Uganda’s economy saying the East African country’s business outlook is positive, despite an expected decline in the global economy. Companiesandmarkets.com which rates economies all over the world said in their quarterly report that Uganda’s economy will continue to experience growth, in big part due to being domestically […]
A Lecturer at Makerere University, Prof Augustus Nuwagaba has criticized the government for always making what he called highly theoretical budgets. This comes hardly a month after the reading of the National Budget of Uganda for the financial year 2010/2011 by Finance Minister Syda Bbumba, which though revealed that Uganda’s economic growth had continued to […]