Speaker 1
In Uganda, profitable businesses are handed over to local people with little or no experience of running enterprises. It's not just the businesses themselves. Commercial supply chains break down. There are no parts, no raw materials. Professor Nakanyike Musisi.
Speaker 7
Much as the rhetoric for idammin was nationalism, we have to fight the colonialists and their clonies, the Asian. We have to bring the economy to their hands and so on. It's not nationalism because the people that mostly get the shops and the economy and the jobs of his ethnic group. The kakwas had not been highly educated, and so they could not run the economy. So the economy starts going down, and then we start having embargoes. The economy is mismanaged. The essential commodities start becoming really rare. Smuggling begins. We start getting some economic sanctions, and what we have is really economic
Speaker 1
deprivation. Not that a mean himself is inconvenienced. He has busy manipulating exchange rates, allowing his cronies to buy up foreign currency and sell it on the black market. But what was entirely predictable comes to pass. Within a few short months, the Ugandan economy collapses. There is high unemployment, along with shortages of basic foodstuffs. By 1974, even fresh water will be running out. There follows an inevitable crime wave.
Speaker 7
We had very, very little in terms of material things, sugar, soap, stuff like that, and we learned to improvise, and we learned to live with deprivation.
