Reimagining Asian Tigers: Here is why and how Museveni turned Uganda into a mule among community of thriving economies
By the time the Asian Tigers arrived in the 1990s, they had overtaken Uganda in economic growth and development by far because of the country’s chaotic sociopolitical road marked with military coups and the five-year bush war by Tibuhaburwa Museveni’s National Resistance Movement/Army (NRM/A). It was as if the bush war was launched to destroy any growth, development, transformation and progress recorded in Uganda since colonial times for interests that had nothing to do with the country’s craving for growth, development, transformation and progress.
Kenya Vehicle Manufacturers announces resumption of Volkswagen cars assembly in Thika
The Kenya and Germany partnership renewal is expected to attract more investment and encourage other manufacturers to start local assembly in alignment with the government’s goal of developing the automotive sector under its industrialisation agenda.
Japan’s Samurai loans Kenya’s $169 million to boost vehicle assembly industries, energy production
Speaking on the sidelines at TICAD on Thursday, Raphael Otieno, Kenya’s director-general of debt management in the ministry of finance, said Nairobi’s debt strategy is shifting focus from short-term refinancing risks to addressing high borrowing costs.
