Tuesday, October 13, 2009

Uganda's Political Risk!

"The recent riots in Kampala show that Uganda's political risk outlook has worsened. Power remains concentrated in the presidency at the expense of strong, meritocratic institutions, and entrenched corruption combined with a lack of succession options generate more and more frustration in the population. Oil production will increase the stakes in the political contest that many feel is neither free nor fair." - Ratio Magazine October 9, 2009

M7 said the following at the UN general assembly:
"Uganda’s economy has grown at the rate of 6.5 per cent per annum for the last 23 years."
Where are the jobs this 6.5% growth rate is generating?

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