Museveni calls for African investment in Uganda and East Africa

6 Comments

1. If you reduce members of parliament to only 100 and also reduce the pay from SH 35,000,000 per month to 5,728,388 per month, control corruption, restore presidential term limits back and all members of parliament and the president should at minimal have a degree to serve in office, then you should be able get the country back on the right trajectory. Through infrastructure improvement alone you should be able to create a some jobs for citizens. With improved infrastructure and true democracy, then investors will take Uganda serious. Other than that, once one rides around Kampala noticing all the potholes, dust, slums, old buildings from the 60s and motorcycles controlling all the city traffic, they will have no choice but to go Kenya, Tanzania or Rwanda. Remember Kenya, Tanzania or Rwanda they have better infrastructure and they are continuing to improve their infrastructure. And Kenya and Tanzania the have democracy.

   Reply

2. After 40yrs u are still looking for investors ?

   Reply

3. "Investment" does not come from thin air. It must be earned. No one invests in anything whether it is education, an enterprise, Uganda or anything else one can think of simply because one has been asked to do so. It does not happen that way. "An investment is an operation which after thorough analysis promises to preserve principal and a satisfactory return," to quote one well-known investor and a mentor to some of the most successful and well-known investors in the world.

   The "ANALYSIS" is undertaken in order to determine whether the investor will not lose the money in a politically unstable country such as Uganda today, for example, but instead "PRESERVE" that "PRINCIPAL." In addition, the investor wants to know whether the money invested in Uganda will generate a "RETURN." If the investor does not think that the money invested would be safe in Uganda, we are not likely to get that investor to invest no matter what we say. When Uganda "PROMISES" to be a good place to invest, that is when the investor invests there. We must earn the "investment" and not expect the investor to simply invest in Uganda at will.

   Have we in Uganda produced a document to be presented to these investors showing in detail how to "PRESERVE" their "PRINCIPAL" and which "PROMISES" a "RETURN" that will be "SATISFACTORY" in each particular investment in Uganda instead of somewhere else or are we simply talking? Anyone can "call" for an "investment," but that "investment" only goes to where it will benefit the investor in the first place and no one else. We are competing with the whole world for investors. Therefore, they will invest in Uganda only if their money will be safe. The more politically unstable Uganda becomes the less investment it will get. That is a fact. How are we governed in Uganda is one of their favourite questions. Are human rights preserved or not is another. Is there democracy or totalitarianism and dictatorship in Uganda is yet another. How about freedom of speech and expression in Uganda? We have got to score well on such questions, otherwise no one will ever invest in our country.

   There are trillions of shillings in some wealthy countries around the world sitting there and looking for places to invest. That is the "investment" we should be going after, not by assuming that we will simply ask, and it will start flowing in. It will never happen. We have got to go to these sources of "investment" one by one, in person, document in hand, by answering their questions honestly and providing them with the assurance in writing they need in order to come and invest in Uganda. Anything else we tell them when visiting Uganda does not matter to them at all.

   Reply

4. How can u pitch to investors like that?😢

   Reply