How can Uganda be a Land of Abundant Resources and yet it is so Poverty? Top 5 reasons and Possible Improvements.  

    Well, a country's development and prosperity are not exclusively dependent on its natural resources. There are other additional things that might have an effect on the same. I'm Emmanuel Katto, also called Emka Emmanuel Katto, a local Ugandan journalist who used to follow the most recent news and all of Africa's events with a particular focus on Uganda. I've told you some of the intriguing things about Uganda.  

  1. History: The history of any country plays an important role in the growth of a country. The British Colonization of Uganda took place in the late 19th and 20th centuries. This was done for several reasons such as Strategic Interests, Trade and Resources, Missionary Activity, and several other reasons. This further laid down the benefits for Britishers with socio-political and economic structures in their favor.   
  2. Slavery: The policies of the Britishers were one-sided treating the people of Uganda in a different way. Policies such as land dispossession, forced labor, taxation, and the imposition of their legal and administrative systems, have finally given rise to slavery in Uganda.   
  3. Post- Independence Instability: Following independence in 1962, Uganda has undergone a series of political and social challenges. This included the rise and fall of different governments, military coups, and political instability. The resulting instability hindered economic development, scared away foreign investment, and disrupted social services, contributing to long-term poverty.  
  4. HIV/AIDS and its effects: Uganda has been severely affected by the HIV/AIDS epidemic, which has had profound socio-economic consequences. The epidemic has led to a loss of human capital, increased healthcare costs, and weakened households and communities.  
  5. Economic Dependency and the Structural Challenges: Uganda's economy has been heavily dependent on primary sectors such as agriculture, which are susceptible to external shocks and limited value addition. Insufficient diversification and limited access to finance and markets have slowed down the progress of Uganda.  

Even Nevertheless, the situation in Uganda is becoming better right now. Additionally, the administration is taking a multifaceted approach to fostering openness, increasing investment in human capital and infrastructure, fostering economic diversity, and tackling the underlying causes of societal unrest and conflict. According to data from "Statista," Uganda's current growth rate is 5.7%, and by 2028, that rate is predicted to increase to 6.29%. To end poverty, the government also intends to overhaul the health and education industries.   

Comments