President Museveni has reiterated his criticism of the West and attacked Nato for disorganising a friend, whose 42-year rule faces a humbling end.
Speaking at the annual Muslims Iftar dinner at State House, Entebbe on Saturday, Mr Museveni addressed himself on two fundamental issues: The economic crisis at home and the battle for Libya. He accused the West of greed and defended Col. Gaddafi’s mistakes even though, he said, the Libyan leader attempted to go behind his back to hijack his chiefs in Kampala.
“Gaddafi had his own mistakes, he came here and organised my chiefs without telling me. We cancelled that meeting and I warned chiefs because it was wrong,” Mr Museveni said. “But Gaddafi built a mosque for us and as a leader, he had his mistakes, but those Europeans have more mistakes and problems. They think the rest of us are fools except themselves. When there are riots in Africa, they call them pro-democracy and in London, they call them, criminals.”
While inflation in Uganda has hit a 20-year high of 21.4%:
Ugandans will be bracing themselves for even harder times ahead as the continued depreciation of the local currency, rising prices for fuel, essential commodities and food combined to push inflation to a new 20-year high, further threatening the economy’s growth.The Consumer Price Index (CPI) released by the Uganda Bureau of Statistics yesterday indicates that inflation rose from a revised rate of 18.8 per cent in July to 21.4 per cent in August.
This represents a 2.6 percentage point rise, which, though lower than the 3.1 percentage point increase registered in July, still dragged the battered economy over another double digit threshold.
The Director for Macro-Economics Statistics at Ubos, Dr Chris Ndatira Mukiza, said food inflation, which rose to 42.9 per cent from 40.7 per cent, remains the main driver of inflation.
One is reminded of Marie-Antoinette of France. Are these leaders in touch with reality? Do they understand the condition of ordinary people of Uganda? And how many Ugandans really depend on land, and how productive is that land? What percentage of farmers are producing for the market? Even for those who have access to land, can they get all that they need from that land? In any case, the root of this inflation can be traced to the colossal amount of money poured into the country during the recent election campaigns. And this was largely by President Museveni himself.