Ahead of the highly anticipated 2021 Presidential and MP elections in Uganda, all eyes are on the capital Kampala where it's said that political observers note the contest likely to be between sitting President Yoweri Museveni and political new comer, Robert Kyagulanyi commonly known as Bobi Wine, but how will all of this political activity affect business in East Africa's 3rd largest economy? Analyst and Chief strategist at ICS, Kenneth Agutamba joins CNBC Africa for more.
Saturday saw the approval of three of the newest members of the Asian Infrastructure Investment Bank (AIIB). Along with Benin and Djibouti, Rwanda joins the fold as the bank’s membership rises to 100 countries. According to the Rwandan Minister of Foreign Affairs, Richard Sezibera, the country joining the bank is an important step. Ken Agutamba, Analyst and Chief Strategist at Impact Communication Strategies (ICS) joins CNBC Africa Africa for more.
A new tax of $0.05 per day on social media took effect on July 1, 2018 in Uganda. This has received uproar from Ugandans and has seen a group of influencers file a law suit against the government and others petitioning the speaker of parliament to recall parliament from recess and rescind the law that approved taxes on social media and mobile money. For more on this, CNBC Africa is joined by Kenneth Agutamba, Chief Strategist at ICS.