Bank of Uganda’s Executive Director for Research, Dr Adam Mugume says if the 2021/2022 budget proposals are passed, the total outstanding debt of the country will rise to Shs86.9 trillion, which will be 52% of the GDP.
The legal Committee of Parliament has rejected a proposal to have the Deputy Governor Bank of Uganda (BoU) serve for a maximum two terms of 10 years while the Governor’s term is unlimited.
During their routine operations, the officials arrest vendors and hawkers selling merchandise on the streets of Kampala. They also confiscate vendors' and hawkers' merchandise and inturn solicit for bribes before they can return the items to the owners.
David Livingstone Ebiru noted that there is still limited understanding about quality standards, he says students who are trained to be business leaders need to know how critical standardization is.