Kampala, Uganda | GODFREY SSALI | Investors from the United Kingdom face frustration due to bureaucracy and corruption as they seek to start up business in Uganda. This was revealed by Lord Dolar Popat from the House of Lords while hosting the Speaker of Parliament Rebecca Kadaga to a dinner in …
Read More »Museveni confident Africa is ready to push global economy
Museveni: Africa is the next big centre for economic growth. Africa needs value addition to agriculture, minerals, human resource President Museveni has told the Global African Investment Summit that he is confident that the continent is the next pusher for the global economy. He said bottlenecks that exist are being handled to ensure a better environment …
Read More »VIDEO: President Museveni warns Ugandan ministers against bribery
VIDEO: President Yoweri Museveni says he is investigating ministers who are said to be taking bribes from investors. Museveni who was closing a two day cabinet retreat at Serena Hotel, Kigo said he had received information to that effect but was still looking for evidence. Share on: WhatsApp
Read More »VIDEO: Investors to VP Ssekandi – Uganda gave us a raw deal
VIDEO: Investors who were promised prime land have accused government of not walking the talk and instead giving them swampy areas where they have had to invest a lot of money to develop This was during the visit to the industrial by the Uganda vice president Edward Kiwanuka Ssekandi. Share …
Read More »Unwanted investors
By Haggai Matsiko Making resource rich regions become food poor Deep in Bukuya Sub County in Mubende district, a gold-mining company, AUC Mining Ltd owned by the British and some influential Ugandans, evicted about 400 peasants. At the gate to the mining company, one finds not ordinary security guards but …
Read More »Uganda signs agreement with water investors
By Sarah Namulondo Uganda has selected IBM and Water fund to bench mark infrastructural development in the water sector in an agreement signed between the ministry of water and environment and Waterfund and IBM on May 23. This agreement makes Uganda the first African country to become a member of …
Read More »Minister urges investors to support entrepreneurs
By Julius Businge The State minister for State Minister for Finance (Investments) Aston Kajara has asked investors in Uganda to support young entrepreneurs in boosting their businesses so as to improve on their welfare. Kajara was speaking at a graduation ceremony of over 500 entrepreneurs trained by Warid telecom in …
Read More »Uganda attracts more Indian investors
By Julius Businge The Uganda government has promised tangible support to the Indian community eying Uganda as their immediate investment destination, Amelia Kyambadde the Trade and industry minister said. Speaking to the Confederation of Indian Industry and the members of the visiting Indian delegation in Kampala on Oct. 16, the …
Read More »Museveni, investors fight over refinery
By Haggai Matsiko Oil firms fear bankruptcy as President goes for biggest refinery in the region In October 2011, President Yoweri Museveni urged members of his ruling party to resist ferociously those “parasites who want to give away this resource (oil) for a morsel of food”. He was making a …
Read More »Indian and Chinese investors making a play for Africa
By Matthew Reed As the great and good of the mobile industry browsed the exhibits at the Mobile World Congress trade show in Barcelona this week, they may have overlooked a couple of watershed moments in emerging-market telecoms. In the past week, Indian and Chinese investors have unveiled plans for …
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