Tag Archives: GDP

Non-performing loans more than doubles to 7.7 %, Crane Bank sinks As 2016 comes to an end, it is clear that it has been a year in which the banking industry choked on surging losses on the back of bad loans. One of the biggest banks; Crane Bank, suffered a …

COMMENT: By Geoffrey A Onegi-Obel The capital markets industry offers solutions for the country’s middle income economy challenge There has recently been an endless flow of ‘brilliant’ opinions about the way forward for Uganda’s ailing economy but none has so far had clarity that demonstrates understanding of the Economic Development …

URA at 25: Experts salute URA but warn of a mountain to climb to lift tax:GDP ratio from miserable 12% On September 20, Uganda Revenue Authority (URA) across the country replaced their shirts and tops with T-shirts inscribed with the words: “Believe there is good in the world” and headed …

Expert urges government to match plans with implementation to reverse wide disparity between GDP and citizens’ quality of life A new report has shown that it is possible for a country to have vast economic wealth yet have citizens who are living a poor quality of life. The latest Social …

Business-as-usual must be challenged if we are going to accelerate the turnaround of Uganda by 2020 COMMENT: By Harrison E. Mutikanga There is increasing debate within the public domain and in particular the energy sector on whether to continue investing in electricity generation facilities or shift focus to transmission and …

Why our country remains poor with high unemployment in spite of 28 years of huge expansion in GDP Last week, I spent an entire day at Uganda Bureau of Statistics crunching numbers with the staff on our GPD growth between 1986 and 2014. There is only one route for nations …

World Bank shows the way for Uganda to get more from every shilling it invests The World Bank (WB) on June 6 unveiled its 7th Economic Update on Uganda at a ceremony in Kampala. The update, which is a bi-annual assessment of the state of the country’s economy, analyses the …

Achieving middle-income status in 5 years: Museveni’s latest politicking joke or a realistic national target? ANALYSIS: When President Yoweri Museveni took the oath of president for the sixth time on May 12 at Kololo Ceremonial Grounds in Kampala, he had one goal clearly on his mind: delivering Uganda to the …

Museveni’s latest politicking joke or a realistic national target? When President Yoweri Museveni takes the oath of president for the sixth time on May 12 at Kololo Ceremonial Grounds in Kampala, it appears he will have one goal clearly on his mind: delivering Uganda to the middle income bracket by …