Based on the data released by Uganda Bureau of Statistics (UBOS), economic growth is projected to average about 6.3 percent over the next five years. This growth is mostly being attributed to a rise in public investments, increasing growth in consumption, and improved agricultural productivity, which is largely tied to favorable and consistent weather conditions.… Continue reading A peek into the future of Uganda’s economy
I usually take walks along the streets of Kampala everyday after work. Last Friday proved to be one of a kind, mostly because I was accompanied by an enchanting and brilliant young lady. Momentarily, a conversation ensued between us in which I got fully immersed. Just across the street, there sat an able bodied man… Continue reading Development starts from within us.
Agriculture has been the back bone of Uganda's economy for ages. Recent statistics show that over 80% of Uganda's population is employed at some stage in the agricultural sector. However, the benefits and direct contribution to the economy are yet to be fully derived and enjoyed by the populous involved in this trade. While doing… Continue reading Hindrances to the prosperity of the agricultural sector in Uganda.
Yesterday, I came across a very interesting article in the Daily Monitor Newspaper regarding peoples' spending habits. I found it related to my previous article titled "Living within our means for a better tomorrow" and was therefore prompted to share it with you this day. The phrase, "Failing to make ends meet " is common… Continue reading Poor spending habits: A major cause of the vicious cycle of borrowing.
Yesterday, I was part of a market place convention held in Kampala, Uganda. This convention is held once every year and brings together Christians from different walks of life in the job market. For instance, some of the companies that were represented included Renault car company,Insurance Company of East Africa (ICEA), to mention but a… Continue reading Integrity: A virtue essential for personal and national economic development.
In a society in which nearly everybody is dominated by somebody else's mind or by a disembodied mind, it becomes increasingly difficult to learn the truth about the activities of governments and corporations, about the quality or value of products, or about the health of one's own place and economy. In such a society, also,… Continue reading Is Economic freedom a mith?
The talk of food shortage in the tropical regions has dominated headlines of late. This has largely been because of the prolonged dry spell that has of recent faded away. Irrigation has proven to be a viable remedy to the unpredictable prolonged dry spells across the globe. Many countries that are geographically located in hot… Continue reading Irrigation is the long term solution to food shortage.
Market days were very exciting and filled with lots of anticipation. Trucks loaded with bags of potatoes, corn, huge banches of matooke (green bananas) moving in and out of the market. Men clad in muddy clothes carrying and delivering these bags to market vendors, who were waiting with big smiles on their faces. "This is… Continue reading Food shortage: A result of global warming.