Kazibwe praises Uganda’s economy

Nov 22, 2009

Uganda’s economy is doing well despite the global economic crisis, former vice-president Dr. Specioza Kazibwe has said.

By Brian Mayanja

Uganda’s economy is doing well despite the global economic crisis, former vice-president Dr. Specioza Kazibwe has said.

She said many industries are being established and jobs created, an indication of a fastgrowing economy.

“People are working unlike in the US and Europe. This means there is market for the products,” she said.

Kazibwe was on Saturday opening a new Roofings Uganda project worth sh116m at Namanve Industrial Park in Mukono.

She attributed Uganda’s economic growth to the NRM government, which she said ushered in peace and security.

The former vice-president urged the people of Mukono to embrace the project, saying it would change their lives.

Kazibwe, also a presidential advisor on micro-finance, assured the residents that she would talk to the President to help farmers get roofing materials at low prices through the Prosperity-for-All programme.

Speaking at the ceremony, Mukono resident district commissioner David Matovu said investments like that of Roofings are product of good leadership in the country.

He asked the management of Roofings Uganda to set up more projects in the district to increase the revenue collection for the Government.

The company managing director, Lalani Skander, said his industry would employ 800 educated youth.

He said the project would also enable the people to have easy access to their products, adding that his company contributes sh50b as revenue to the Government annually.

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