Graft is chasing away investors â€" Dr Kigozi
UGANDA Investment Authority chief Dr. Maggie Kigozi (right) has called for the strengthening of the Inspectorate of Government and the Solicitor General, to fight corruption that is chasing away investors.
By Cyprian Musoke
UGANDA Investment Authority chief Dr. Maggie Kigozi (right) has called for the strengthening of the Inspectorate of Government and the Solicitor General, to fight corruption that is chasing away investors.
Delivering concerns of investors and the private sector at the ninth government-donor review of the justice sector yesterday, Kigozi said investors had expressed frustration at doing business in Uganda.
“We need to tame the corruption frustrating investors,†Kigozi said.
Kigozi said.
She said that President Museveni has recently set up an investors roundtable, to discuss and advise on issues that are impeding investment, and how they can be resolved.
She said that the roundtable has identified the lack of a national data bank and identity cards for citizens as an impediment to doing business in the country, because identities of people cannot be certified.
She said that the investors had asked the president to seriously consider the project.
“Our work as investors revolves around making contracts. If people cannot be identified, how can you go into a contract with them?†she asked.
She said that it is important that a national data bank be put in place, and national identity cards made for those who need them.
She called upon the ministry to ensure the enactment of relevant commercial laws that are simple, and implementable.
She said that they had evaluated themselves against other countries like Kenya and Tanzania, and established that Ugandan private sector was not as competitive.
Solicitor General Lucein Tibaruha said that his office is not well facilitated, as state attorneys are not paid salaries commensurate with their work.
He said that this presents a problem of haemorrhage, which leaves him with no competent man power to handle commercial and civil cases.
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