Thursday, April 25, 2024
spot_imgspot_imgspot_img
HomeNATIONALOWEYEGHA-AFUNADUULA-Understanding The Uncontrollably Rising Commodity Prices In Uganda

OWEYEGHA-AFUNADUULA-Understanding The Uncontrollably Rising Commodity Prices In Uganda

By Oweyegha-Afunaduula

President Tibuhaburwa Museveni told the country that prices in Uganda were rising because of the Russia-Ukraine armed conflict (war), but prices had been rising since the onslaught of the Covid-19 Pandemic.

Retail Shop- COURTSEY PHOTO

May be we can separate the effects of the two on prices, but explaining why prices are rising is not as important as government intervening to ensure life for the majority of Ugandans continues to be livable during the skyrocketing of prices.

But how should government intervene? May be if Uganda were a welfare State?

Government had the opportunity to demonstrate that it can effectively respond to declining human welfare during Covid 19 Pandemic, but it cared for the rich instead. They are the ones that accessed the huge financial outlay that became available because of the pandemic.

Let me ask:

Has government considered that its wayward taxation, increasingly multiple taxation, of everything conceivable, in bad times, is the single most factor contributing to the high rise prices?

Has government considered taking action against businessmen who hoard commodities to push prices up?

Has government considered that the entry of politicians, more often than not greedy and selfish, into commercial business, has greatly contributed to the high rocketing prices of commodities?

Has government considered that the mushrooming of a group of people called middlemen (this includes women) has also contributed to the skyrocketing of prices of commodities? In one sentence: Greed and selfishness are responsible for the high-rocketing prices in Uganda.

For God and My Country

The Writer is a Ugandan Scientist And Environmentalist

DISCLAIMER: The views expressed in this article are solely for and belong to the author/ writer. They don’t represent, portray or depict Accord Communications Limited, it’s affiliates, owners or employees. If you have a fast moving story in your community or Opinion Article, let’s publish it. Send us an email via editorial@accordconsults.com or WhatsApp +254797048150

RELATED ARTICLES
- Advertisment -

Most Popular

Recent Comments

Jjemba Roger on VJ Junior arrested
nsubuga on VJ Junior arrested
Mabonga antony rei martins on VJ Junior arrested
Herbert on VJ Junior arrested
Herbert on VJ Junior arrested
Obidike Isaac on VJ Junior arrested
ocitti Sunday Welborn on Police Arrests People Power Coordinator