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Remembering July 27, 1985, and July 27, 2006
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New executive at Jacaranda Hotels in Kenya
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I strive to be better than yesterday
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Another Shimoni looming in Uganda?
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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.
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President Museveni yesterday threatened to arrest foreign manufacturers masquerading as local investors to benefit from the incentives extended to local firms.