Business
Museveni roots for more investors
Publish Date: Apr 14, 2014
Museveni roots for more investors
Workers of Quality Chemicals show President Yoweri Museveni the drug manufacturing line, before he commissioned it
  • mail
  • img
newvision

By Vision Reporter

President Yoweri Museveni has emphasised the importance of devising means through which more investors can be attracted to come and do business in Uganda.


Museveni was addressing the opening session of the two-day fourth phase of the Presidential Investors’ Round Table at State House Entebbe.

He said the seemingly productive activities of the economy are only transport and restaurants, but not the manufacturing sector.

Museveni said the inability to manufacture our own goods leads directly to the challenge of job creation.

The President commended Uganda’s development partners and consultants for their contribution to the development of the economy over the years.

He urged government technocrats to cultivate and treasure good working relations with the development partners to tap into the free and valuable advice they offer.

Workers in a textile industry. More factories will create jobs for the youth

The statements, comments, or opinions expressed through the use of New Vision Online are those of their respective authors, who are solely responsible for them, and do not necessarily represent the views held by the staff and management of New Vision Online.

New Vision Online reserves the right to moderate, publish or delete a post without warning or consultation with the author.Find out why we moderate comments. For any questions please contact digital@newvision.co.ug

  • mail
  • img
blog comments powered by Disqus
Also In This Section
Economy to grow by 7% in five years
Uganda’s economy will grow by 7% a year in the three to five years’ time, up from a forecast 6% in 2014, helped by investment from oil explorers and by expansion in the services sector, the finance minister...
Change needed for economic independence — Kagina
Outgoing Uganda Revenue Authority (URA) boss Allen Kagina on Thursday called for a complete mind-set transformation among individuals and institutions in using the available resources for production rather than wasteful consumption....
EADB to fund more projects in Uganda
The East African Development Bank (EADB) has received credit worth $40m (about sh104b) from the African Development Bank (AfDB) to finance infrastructure, manufacturing, tourism, agriculture, transport, education and health projects...
Quacks in construction industry a big threat to Vision 2040
Players in the construction industry have asked the Government to regulate it, saying increasing numbers of quacks will affect efforts to attain the Uganda Vision 2040....
NSSF to save Uganda Clays from collapse
It is now or never for Uganda Clays Limited (UCL). The National Social Security Fund (NSSF) has announced that it will convert a sh16.7b loan to UCL into equity in a bid to secure the company’s future....
UAE Exchange Uganda celebrates, brand turns 34 globally
UAE Exchange Uganda joins its global family in celebrating the 34th anniversary of the brand coming into existence...
Should diplomatic passports issued to ex-govt workers be with drawn?
Yes
No
Can't Say
follow us
subscribe to our news letter