by Fred Muwema The government push towards middle income by having an estimated 5 million working class Ugandans earn a minimum of USD 1,040 p.a ( approx. Ushs 3.7M) is an ambitious plan which is desired but may instead benefit counterfeit business in the process. To understand the magnitude of the problem, you need to know that the global value of counterfeit traded goods has surpassed the national GDP of more than 150 economies in the world according to the World Bank .If you consider that the combined nominal GDP of Africa is USD 3.3 Trillion and that of Uganda is only USD 26 Billion, you can contextualize the problem. This means that counterfeiting which is a form of organized crime, also politely referred to as illicit business has the capacity to break or distort any economic programme or economy in any African Country. As the Government attempts to increase the income of Ugandans, it needs to find out what economic activity will produce this income, what the p...
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