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Denmark has 5.8 million people. It has a Broad Money Supply M2 of $250 billion. That is $43,103 for each citizen in their pockets, cards and at the ATM. That's also larger than the entire East African Community's economy. Like the late Benjamin Mkapa stated, no one will...
ever respect a country that has a weak internal market. The rulers of East Africa only talk about admitting more countries & people into the @jumuiya. To them, the more the people, the more the market. That's only partly true. One could argue that Denmark is that developed or...
wealthy because it has access to the EU market. Fair enough. They would forget that the biggest consumers of most Danish products are really the Danes. That to grow a country, there MUST first be EFFECTIVE INTERNAL demand backed by the ABILITY to satiate that demand from the...
masses.
You cannot underpay your police officers, soldiers, nurses, doctors, effectively stifle your middle-class & expect another country to roll the carpet for the goods from your industries that even the workers in the factories cannot afford!
Who will consume the milk...
You cannot underpay your police officers, soldiers, nurses, doctors, effectively stifle your middle-class & expect another country to roll the carpet for the goods from your industries that even the workers in the factories cannot afford!
Who will consume the milk...
honey, sugar, textiles, leather, furniture, steel/iron that you produce, if you haven't accorded them the ability to do so either through public purse by a living wage or privately, by allowing them access to long-term, low interest rate credit products designed to help them...
escape poverty by spurring innovation, business growth, etc?
We always come back to the pandemic. In 2017 alone, it was reported that we spent UGX 400 billion or about $110m sending sick people to other countries for treatment!
About 6 months later, many have been catered to..
We always come back to the pandemic. In 2017 alone, it was reported that we spent UGX 400 billion or about $110m sending sick people to other countries for treatment!
About 6 months later, many have been catered to..
by our Mulago Hospital & its institutes @UgandaCancerIns and the Heart Institute. Toady, Dr. Idro, President of Uganfa Medical Association stated that less than ¼ of the patients at the Heart Institute need referral to any facility outside Uganda in an @CASTLE_ORG webinar.
That if we were serious, the UGX 400 billion we spend of unnecessary trips abroad could make each of the new 10 cities get a built & equipped to the standard of Mulago Women's & Neonatal Specialized.
We can't continue thinking someone else is responsible for us, when the...
We can't continue thinking someone else is responsible for us, when the...
poverty afflicting Ugandans is a political & public policy design issue.
Just so you know, Uganda's Broad Money Supply M2 for 42 million people is $6 billion or $147 for each of us. Kenya, with 48 m pple has $29 b & $604 for each of them. TZ has $9.5 b for 57m or $167.
Just so you know, Uganda's Broad Money Supply M2 for 42 million people is $6 billion or $147 for each of us. Kenya, with 48 m pple has $29 b & $604 for each of them. TZ has $9.5 b for 57m or $167.
Which is a larger market? Denmark with its 5.8 million people and a BMS M2 of $250 billion or Uganda with its 42 million soils and a BMS M2 of $6 billion? It is not a question of population alone, when it comes to markets. Only when that popn can pay for what it demands.
*souls
