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    Ousmane Sembène (1923-2007): Senegalese film director and writer

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    South Sudan: Vice president Machar’s trial sparks fears over fragile peace deal

    South Sudan: Vice president Machar’s trial sparks fears over fragile peace deal

    Malawi ex-president takes clear lead in vote-count, results show

    Malawi re-elects Mutharika after five years of economic crisis under Chakwera

    U.S. Secretary Rubio oversees Congo-Rwanda deal to ease mineral conflict

    DR Congo, Rwanda eye October start to security measures under Trump-backed peace deal

    President Ruto and delivering on the promises he made to Kenyans

    Kenya eyes US trade deal by end of year, seeks five-year extension to Africa pact

    Seychelles president seeks reelection on back of economic recovery

    Seychelles president seeks reelection on back of economic recovery

    The Southwestern Amotekun Outfit and the Arising Issue

    Ugandan opposition leader Bobi Wine cleared to challenge Museveni again

    South Africa’s auto sector hit by job losses and company closures

    India’s EXIM Bank boosts credit to exporters hit by US tariffs, eyes Africa expansion

    Ugandan TikToker jailed for insulting President Museveni

    Uganda’s Museveni cleared to seek reelection, eyes near half-century rule

    Nigeria’s overnight lending rate falls 100 bps on excess liquidity, policy shift

    Nigeria’s overnight lending rate falls 100 bps on excess liquidity, policy shift

  • Analysis
    • All
    • Climate Change
    • Digital & Tech
    • Economy
    • Energy & Power
    • Health
    • Politics
    • Security
    • Society
    Cameroon President Paul Biya marks 41 years in power

    Paul Biya at 92: will defections weaken his grip on absolute power in Cameroon?

    The arrest of Ansaru terror leaders marks a strategic change for Nigeria: What could happen next?

    The arrest of Ansaru terror leaders marks a strategic change for Nigeria: What could happen next?

    Key issues for voters in Malawi’s 2025 elections

    Key issues for voters in Malawi’s 2025 elections

    India’s trade charm push targets East Africa

    How India-Africa Partnerships Are Transforming Global Trade

    DR Congo, M23 rebels pledge in Qatar to reach peace deal next month

    DRC’s latest peace deal is breaking down: what’s being done wrong?

    Ethiopia’s emergency medical response system and what other countries can learn from it

    Ethiopia’s emergency medical response system and what other countries can learn from it

    From Sunlight to Opportunity: Africa’s Solar Energy Revolution

    From Sunlight to Opportunity: Africa’s Solar Energy Revolution

    Cameroon’s conflict is part of a bigger trend: negotiations are losing ground to military solutions

    Cameroon’s conflict is part of a bigger trend: negotiations are losing ground to military solutions

    I’m ready to work with President Deby – Chad’s opposition leader

    Succès Masra: how Chad’s opposition firebrand came to be sentenced to 20 years in prison

  • Studies
    One in three South Africans have never heard of AI: what this means for policy

    One in three South Africans have never heard of AI: what this means for policy

    Social Media as a Catalyst for the Spread of Dangerous Wealth Ritual Myths

    Social Media as a Catalyst for the Spread of Dangerous Wealth Ritual Myths

    Overcoming Education Barriers for Young Mothers in Sub-Saharan Africa

    Overcoming Education Barriers for Young Mothers in Sub-Saharan Africa

    Youth Empowerment Through Vocational Training in Rural Sub-Saharan Africa

    Youth Empowerment Through Vocational Training in Rural Sub-Saharan Africa

    Manufacturers in Ghana and Nigeria claim that although corruption damages businesses, digital technologies provide a chance to combat it

    Manufacturers in Ghana and Nigeria claim that although corruption damages businesses, digital technologies provide a chance to combat it

    Environmental Threats and Conservation Efforts in Namibia

    Environmental Threats and Conservation Efforts in Namibia

    Your teachers’ level of knowledge affects how well you perform in class: perspectives from 14 French-speaking African nations

    Your teachers’ level of knowledge affects how well you perform in class: perspectives from 14 French-speaking African nations

    Islamic Finance in Nigeria: Between Islamization and Shariah Non-Compliance Polemics

    Islamic Finance in Nigeria: Between Islamization and Shariah Non-Compliance Polemics

    What determines a return to civilian rule after military coups in Africa?

    What determines a return to civilian rule after military coups in Africa?

  • Infographics
  • Figures
    François (Ngarta) Tombalbaye (1918-1975): First President of Chad

    François (Ngarta) Tombalbaye (1918-1975): First President of Chad

    Apollo Milton Obote (1925-2005): Former President of Uganda

    Apollo Milton Obote (1925-2005): Former President of Uganda

    David Dacko (1930-2003): The first President of the Central African Republic

    David Dacko (1930-2003): The first President of the Central African Republic

    Senegal buys belongings of former leader Senghor after deal with auctioneer, heir

    Léopold Sédar Senghor (1906-2001): Senegal’s former president, cultural theorist, and poet

    Former Nigerian President Obasanjo calls for collective responsibility for country’s development

    Olusegun Obasanjo: Former Nigeria’s military ruler (1976-1979) and president (1999-2007)

    Wangari Maathai (1940-2011): Kenyan social, environmental, and political activist

    Wangari Maathai (1940-2011): Kenyan social, environmental, and political activist

    Steve Biko (1946-1977): South Africa’s anti-apartheid activist and voice of Black liberation

    Steve Biko (1946-1977): South Africa’s anti-apartheid activist and voice of Black liberation

    Ousmane Sembène (1923-2007): Senegalese film director and writer

    Ousmane Sembène (1923-2007): Senegalese film director and writer

    Daniel Ochieng Olago: Kenyan academic and researcher

    Daniel Ochieng Olago: Kenyan academic and researcher

  • History
    Namib Sand Sea, Namibia

    Namib Sand Sea, Namibia

    Kunta Kinteh Island, Gambia

    Kunta Kinteh Island, Gambia

    Isimila Stone Age site, Tanzania

    Isimila Stone Age site, Tanzania

    Rock-Hewn Churches, Lalibela, Ethiopia

    Rock-Hewn Churches, Lalibela, Ethiopia

    Koutammakou, the Land of the Batammariba, Togo

    Koutammakou, the Land of the Batammariba, Togo

    Okavango Delta, Botswana

    Okavango Delta, Botswana

    Mosi-oa-Tunya (Victoria Falls), Zambia/Zimbabwe

    Mosi-oa-Tunya (Victoria Falls), Zambia/Zimbabwe

    Cape Coast Castle, Ghana

    Cape Coast Castle, Ghana

    Stone Circles of Senegambia: Silent testimony to an ancient past

    Stone Circles of Senegambia: Silent testimony to an ancient past

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Home News Economy

Uganda: Government will not intervene in the current economic crisis

May 24, 2022
Uganda: Government will not intervene in the current economic crisis

President Yoweri Museveni - BADRU KATUMBA/AFP

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Amid growing discontent over the current economic situation and the rising cost of living, Ugandan President Yoweri Museveni said his government will not intervene to ease the burden on the nation.

In a televised national address on Sunday night, Mr Museveni said that government subsidies or removal of import taxes would collapse the economy.

The cost of food and imported raw materials have been rising in recent months due to the surging price of petroleum products.

Read also

DR Congo, Rwanda eye October start to security measures under Trump-backed peace deal

Kenya eyes US trade deal by end of year, seeks five-year extension to Africa pact

Seychelles president seeks reelection on back of economic recovery

The problem has been exacerbated by global supply chain constraints following the war in Ukraine.

Mr Museveni said Uganda will need to be frugal with the imported goods it can afford.

He advised citizens to substitute expensive wheat with locally available food such as millet, maize, green bananas and cassava.

But even the price of these items has been rising due to transportation costs.

Ugandans are having to buy smaller quantities of basic items or give up using their cars to cope with the crisis.

Source: Africa News
Tags: Russia-Ukraine conflictUgandaYoweri Museveni

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