Americans voice criticisms of Bank of Uganda
In early March, the United States published a report revealing [...]
According to Bank of Uganda figures seen by the Indian Ocean Newsletter, Kampala's reliance on Chinese loans is rising steadily, accounting for 35% of its total debts today compared to 29% in 2018. However, thanks to smart accounting advice from [.
The figures produced by the Ugandan Treasury, which the government jealously guards for itself, have revealed a dizzying increase in the country's foreign debt. The majority of that debt is owed to China, which is seeking to extend its influence [.