what do u know about uganda as a country very rich Pro or No?
Also, Ugandans tend to be secretive with much of their wealth placed in the names of immediate family members as a safe bet.
If anything, in a country where per capita income (each Ugandan’s earnings per year) is just $800 (Shs 2.9m), the report shows the concentration of wealth in the few individuals compounding the issue of inequality.
Someone who earns $800 a year needs to save everything they earn for 625 years to reach the level of wealthiest Ugandans. Yet Uganda’s rank comes a distance below neighbors Kenya and Tanzania – both countries have bigger economies.
For instance, Tanzania has 12,254 individuals whose wealth is at least $500,000. Kenya’s total up to 9,600 individuals with that amount.
Still in Kenya, at least 42 people are worth $30m (110bn Uganda shillings) each
How do you vote?