Govt will support investment

Aug 14, 2014

Finance minister Maria Kiwanuka has said the Government will help many local companies to grow, pay taxes and in turn create employment, by providing a conducive environment.

By Brian Mayanja 

Finance minister Maria Kiwanuka has said the Government will help many local companies to grow, pay taxes and in turn create employment, by providing a conducive environment.
 
“The Government is committed to improving the lives of its people through providing a condusive environment for companies to grow. In turn, these companies will create employment for our people and manufacture goods for export to neighbouring markets. This will earn us more foreign exchange,” Kiwanuka explained. 
 
The minister made the remarks, on Monday as Uganda Baati Limited celebrated 50 years of doing business in Uganda. The function was held at the company’s head office in Kampala. Kiwanuka assured the business community that the Government values its partnership with the private sector. 
 
“We have, over the years, become attentive listeners to your suggestions because we are determined to make you the real shakers and movers of our economy,” she said. 
 
Addressing Baati, Kiwanuka said the Government was proud to associate itself with the company’s activities. 
 
“From what I have been seeing on the market, the company is growing even stronger and bigger. I wish to thank you for introducing steel products to the Ugandan market and for sustaining the business for so many years,” she explained. 
 
Kiwanuka also commended the company for transforming the lives of Ugandans via their corporate social responsibility wing. 
 
“I encourage Uganda Baati to continue supporting the health related activities and programmes in the communities, where you operate from,” she said. 
 
Amon Aruho, the Human Resource Manager of the company, gave a chronological history of Uganda Baati and threw some light on their future plans. 
 
Aruho emphasised that the company is committed to producing quality and desirable products in order to keep up with the competitive market.
 
 He said the company is currently carrying out a survey on the market and customers’ satisfaction to identify the growing needs of the market.
 
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