Dear retiree, to pay university fees is to bet on sports; lend state instead
The financial low hanging fruit is right there staring at the national economists who think it is a laudable achievement to negotiate another hundred-million-dollar loan from overseas, which comes with stiff conditions. ILLUSTRATION | JOSEPH NYAGAH | NMG
Information from two unconnected research emerged mid-March in Kampala identifying so much money flying around, being painfully extracted from ageing citizens by the youth. Repeat – the two research were very unconnected, but their findings point to a similar source of money flying around.
One came from the vice chancellor of good old Makerere, who scared the hell out of us by disclosing that their research has established that every year, one thousand students drop out of the university after losing their tuition fees in sports betting. A thousand students is almost ten percent of the annual graduation roll. What a loss!