While the world burns, Africa should return to barter trade

Forty years after Uganda’s barter trade, Africa must choose: economic self-reliance or dependence on global powers.

Photo credit: John Nyaga | Nation Media Group

Forty years! It feels like yesterday, but the passage of years now shows on our once wide-eyed and smooth faces. When Commander Yoweri Museveni stormed Kampala at the time to set up a government, two-thirds of Ugandans alive today were not yet born.

The economy was in tatters as the pariah country was almost closed to formal international trade systems. Museveni had no foreign exchange — synonymous with US dollars.