Prof. Augustus Nuwagaba, the newly appointed Deputy Governor of the Bank of Uganda, unveiled his latest work, Transformative Economics.
The launch attracted a distinguished audience, including prominent business figures such as Sudhir Ruparelia and Charles Mbiire, underscoring the significance of the publication and the broader implications it holds for Uganda’s economic future.
Transformative Economics provides a comprehensive analysis of Uganda’s post-colonial economic systems, evaluating current policies and projecting the nation’s future economic trajectory.
Prof. Nuwagaba, with his wealth of experience as an international consultant on economic transformation and his extensive academic background, offers insightful perspectives on the challenges and opportunities facing Uganda’s economy.
During the event, Prof. Ben Twinomugisha, a law professor at Makerere University, shared his appreciation for the book, praising Prof. Nuwagaba’s ability to break down complex economic concepts in a way that made the work accessible even to non-economists.
“Prof. Nuwagaba gave a synopsis of the book. He broke down its major concepts. I believe, as a non-economist, I can embark on reading it and hopefully follow the thesis. Thanks for the gem, Augustus,” Prof. Twinomugisha remarked.
Odrek Rwabwogo, a business leader, also commended Prof. Nuwagaba for his timely contribution to Uganda’s economic discourse.
He highlighted the importance of strengthening local firms as engines of transformation and the need to foster a collective national ethic. Rwabwogo also emphasised the importance of enhancing the understanding of export markets to maximise returns on investments.
Sudhir Ruparelia, a key figure in Uganda’s business community, congratulated Prof. Nuwagaba on his appointment as Deputy Governor of the Bank of Uganda and the release of Transformative Economics.
Ruparelia remarked that it was an honour to witness such a significant moment in Uganda’s economic history.
“Prof. Nuwagaba’s work is a timely contribution to the ongoing dialogue about Uganda’s economic transformation. His expertise and thought leadership will undoubtedly play a pivotal role in shaping the nation’s future economic policies,” Ruparelia said.
He further emphasised the importance of leadership in driving economic change, noting that Prof. Nuwagaba’s new position would enable him to have a profound influence on Uganda’s monetary and fiscal policies.
Ruparelia expressed optimism that Nuwagaba’s insights from the book would guide the Bank of Uganda’s strategic direction, benefiting both the private and public sectors.
Prof. Nuwagaba’s appointment as Deputy Governor of the Bank of Uganda, along with the release of his latest book, represents a significant milestone in his career.
His deep commitment to shaping Uganda’s economic policies and promoting transformative growth is poised to have a lasting impact on the nation’s economic landscape.
The high-profile attendance at the book launch reflects the broad recognition of Prof. Nuwagaba’s expertise and the potential of his work to influence Uganda’s economic future.
As stakeholders from various sectors engage with the ideas presented in Transformative Economics, the national conversation around Uganda’s economic transformation is set to progress in meaningful and impactful ways.
