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Kenya VP hails Museveni on investment

By Vision Reporter

Added 20th January 2010 03:00 AM

Uganda has achieved considerable economic progress in the past two decades because of President Yoweri Museveni’s investment vision, the visiting Kenyan vice-president, Kalonzo Musyoka, has noted.

By David Ssempijja
Uganda has achieved considerable economic progress in the past two decades because of President Yoweri Museveni’s investment vision, the visiting Kenyan vice-president, Kalonzo Musyoka, has noted.

“Today I am witnessing what I have been hearing about Uganda.

I am impressed with this level of investment and convinced that President Museveni’s efforts of attracting investors have yielded fruit,” he said.

Musyoka, who is in Uganda on a four-day official visit, made the remarks after a guided tour of businesses on the Nakumatt Oasis Mall and the multi-billion Laburnam Apartments in Nakasero in Kampala on Tuesday.

Laburnam Apartments are owned by Hajati Amina Hersh. Hersh also owns the Nakumatt Supermarkets chain across the Great Lakes region.

Musyoka was happy that Uganda’s economy was attracting investors from within the region. He cited companies like Equity Bank and Kenya Commercial Bank, which he said were from his country.

“Uganda’s growth rate brings hope to the anticipated economic strength of the East African Community bloc,” he said.

Kenya VP hails Museveni on investment

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