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Museveni pledges UGX.367m for Great Lakes’ private forum investment summit in Rwanda

JAVIRA SSEBWAMI | PML Daily Staff Writer by JAVIRA SSEBWAMI | PML Daily Staff Writer
January 18, 2020
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Museveni made the pledge after the Great Lakes Region Private Sector Forum Chairman Richard Ngatia paid him a courtesy call at State House, Entebbe-Uganda.
Museveni made the pledge after the Great Lakes Region Private Sector Forum Chairman Richard Ngatia paid him a courtesy call at State House, Entebbe-Uganda (PHOT/PPU

ENTEBBE — President Yoweri Museveni has received and held discussions with the Chairman of the Great Lakes’ Private Sector Forum, Mr. Richard Ngatia, and his delegation at State House, Entebbe.

Mr. Ngatia who is also the President of Kenya National Chamber of Commerce, was accompanied by the UN Resident Coordinator in Uganda, Ms. Rose Malango, the President of Uganda Chamber of Commerce, Ms. Olive Kigongo and the UN Senior Program Management Officer in the Office of the Special Envoy of the Secretary General of the Great Lakes’ Region, Gabor Beszterczey, among others.

Museveni and the delegation discussed matters related to the strengthening of the integration processes for the private sector partnership between the Chamber of Commerce of the respective countries that constitute the Great Lakes’ Region.

Mr. Museveni commended the work and role played by the private sector through sensitization and working together for economic integration.

“I am happy that the forum has realized the need for high production goods and services that require enhanced market integration. The more you produce, the more you sell,” he said.

The President stressed that Africa should emulate the examples of the developed countries like how Britain united British colonies to form the Unites States of America whereby America has harnessed development by utilizing her available natural resources.

President Museveni contributed US$100,000 (UGX. 367486900)  towards preparations for the Great Lakes’ Private Forum Investment Conference in March 2020 in Kigali, Rwanda.

The aim of the conference in the Rwandese capital will be to harmonize the private sector and the business communities to work together.

Mr. Ngatia, on his part, revealed that they had come to meet the President to seek his guidance on driving the private sector to higher echelons of development for the benefit of the African continent in general.

“Your Excellency, we expect a lot from you because you have always campaigned for Uganda’s economic transformation hinged on industrialization,” he said. He thanked the President for his ardent championing of the cause of industrialization.

Mr. Ngatia requested President Museveni that Uganda should exhibit the Kiira Motor vehicle brand during the forthcoming Kigali investment conference as a marketing strategy.

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Tags: Chairman Richard NgatiaEntebbeGreat Lakes Region Private Sector ForumMuseveniState housetopUganda

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