Uganda’s Rising Middle-Class: A Roaring Lion or a Sleepy Kitten?
Several authors write about Sub-Sahara’s rising middle class as “African Lions” with the potential to drive prosperity . But how does the potential of Africa’s Middle Class really look like? Is a ‘rising African middle class’ overhyped? When describing the economic development of a country, one of the key parameters is looking at the distribution of different income classes, since they provide a lot information about the actual disposable income and economic reality of the population in comparison to the GDP or other macroeconomic measures. ©photo by Jim Joel Nyakaana