In East Africa, Tanzania was also studied and researchers found at least $145m had been hidden by its elites. Researchers concluded that this was because politicians, elites and their cronies got access to aid money and instead of using it to work on projects that developed their countries, they hid it away for personal use.
Samuel Majwega Musoke, the Chairperson of Uganda Publishers Association and Executive Director MK Publishers Limited, says publishing two copies of a text book for every subject is an expensive affair.
The retailer, whose majority stake is owned by Turkish dollar billionaire Mustafa Kucuk, will make Uganda the 45th country where it is doing business. The store will be at Acacia Mall.