Museveni orders 'immediate arrest' of all fake investors : v

Museveni orders 'immediate arrest' of all fake investors


Daily Monitor
Thursday May 06 2021
President Museveni and the chairman of Picfare Industries, Mr Kishor Jobanputura, tour the company’s new plant in Namanve Industrial Park in Wakiso District yesterday. PHOTO/ /DAVID LUBOWA
Summary
Mr Museveni instructed the Ministry of Finance to deal with the people he called ‘crooks’, whom he accused of helping foreign companies to register as local investors to benefit from the Buy Uganda, Build Uganda (BUBU) policy of promoting local content.
The Namanve Industrial Park has 20 industrial zones created by government in a bid to grow Uganda’s economy and sits on 2,200 acres.
Advertisement
President Museveni yesterday threatened to arrest foreign manufacturers masquerading as local investors to benefit from the incentives extended to local firms.

Related Keywords

Karuma , Masindi , Uganda , Nalubale , Nakasongola , Kampala , Isimba , Hoima , Jessica Sabano , Arthur Arnold Wadero , Mitul Jobanputra , Morrison Rwakakamba , Evelyn Anite , Uganda Investment Authority , Nile Hotel Kampala , Picfare Industries Ltd , Arthur Arnold , Namanve Industrial Park , Buy Uganda , Build Uganda , State Minister , Privatisation Evelyn Anite , Crown Packaging Factory , Tian Tang , Nile Hotel , உகந்த , கம்பாலா , ஜெசிகா சாபதனோ , உகந்த முதலீடு அதிகாரம் , ஆர்தர் அர்னால்ட் , வாங்க உகந்த , கட்ட உகந்த , நிலை அமைச்சர் , டியாந் டாங் , நைல் ஹோட்டல் ,

© 2025 Vimarsana