“If there is a place where you can easily make money, it is Uganda. The place is secure," says President Museveni in Cape Town.
Tt seems that a combination of the disastrous political history and the manner of recent chaotic political transitions creates a sense of mistrust
Recently, the minister in charge of investment, Evelyn Anite, issued a stern warning against fake investors in the country.
“Some thugs have been attacking Chinese investors but we shall defeat them. This is temporary, shallow and shall be defeated."
President Yoweri Museveni is among several African leaders that have made their way to China's capital Beijing for the two-day meet.
The factories are to directly benefit the people of Uganda and the entire East African region on top of providing skills.
Fake investment opportunities always collapse as it becomes unsustainable for those running it to deliver on the promises they have made to investors
Under the Government-run Uganda Electricity Board (UEB), power outages were a norm rather than an exception.
In the last three decades the economy has shown strong growth, only slowing to overcome bad weather, a global financial crisis or unrest in the region....
In order to increase the impact of public investments, Uganda should invest in high-impact areas such as education and agriculture.
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