Africa Connected

Uganda spends $2.5 billion on hydropower (only 10% of that goes to locals)

The Money Show’s Bruce Whitfield interviewed famed journalist Nikiwe Bikitsha.

Bikitsha is on a fact-finding mission in Uganda.

Whitfield asked Bikitsha a number of questions such as:

  • Has Uganda's big infrastructure push trickled down for the locals?

  • How has monetary policy supported the investment case in Uganda?

Click here to access the Africa Connected portal or click below to hear Nikiwe's crossing...

The coffee here is truly magnificent!

Nikiwe Bikitsha

The Ugandan government spent $2.5 billion on two hydropower stations. But less than 10% of that went to locals.

Nikiwe Bikitsha

Monetary policy is very supportive of investment.

Nikiwe Bikitsha

Uganda has a very independent central bank.

Nikiwe Bikitsha

The price of money is quite high.

Nikiwe Bikitsha

The government borrows a lot on the domestic market, crowding out others.

Nikiwe Bikitsha

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