Ramathan Ggoobi, an economist and academic at Makerere University Business School (MUBS), told URN that this borrowing will likely lead to more taxes in the next financial year, as the government seeks to raise funds to start repayments.
The process hit a snag when the finance committee allegedly cancelled the last meeting with Gender Minister Janat Mukwaya, a move which Gender committee chairperson Alex Ndeezi says proves lack of cooperation.
Klaas Glenewinkel, the managing director of Media in Cooperation and Transition (MICT), a Germany media NGO and a director in EARS said they had found that one of the biggest issues for that many radio stations in Uganda is that they didn’t know where to start and where to go to get business.
