Govt Bureaucracy Hurting Investment Opportunities -- Besigye

1671 Views Kampala, Uganda

In short
Besigye, while briefing journalists on his recent visit to the United States of America and United Kingdom, says he met with Ugandans in London, who poured their frustrations on the systems of governance, where investors have to have links with powerful people in government for them to be given a green light to invest.

Ugandans living abroad will shun investing in Uganda due to the bureaucracy encountered in government institutions, former presidential candidate, Dr. Kizza Besigye says.

Besigye laments that Ugandans who would like to invest their money in different sectors complain of delays in processing of their licenses, bureaucracy which has forced them to look to other countries with better investment climate.
 
Besigye, while briefing journalists on his recent visit to the United States of America and United Kingdom, says he met with Ugandans in London, who he says poured their frustrations on the systems of governance, where investors have to have links with powerful people in government for them to be given a green light to invest.
 
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During his sojourn in the U.K, Besigye delivered a lecture at the London Think-Tank, Chatham House and also spoke at the FDC UK Chapter conference at Hilton Hotel.
 
The four-time presidential candidate also took issue with the Uganda Northern America Association (UNAA) convention in Boston, Massachusetts, which he attended, stating that it is now an extension of the NRM party and does not address concerns of Ugandans living in the diaspora.
 
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Shortly after his address, Besigye, accompanied by other opposition leaders, walked to Kasangati Trading Centre, attracting wild cheers from residents who clapped as he waved at them.
 
Police officers, who were deployed outside his home, allowed him to leave but later followed him and directed him to return home, to which he complied. He had earlier called for the withdrawal of the officers from his home.
 
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Former presidential candidate, Joseph Mabirizi, who held a brief meeting with Besigye, says the deployment at his home is illegal and unnecessary.

 

About the author

Olive Eyotaru
Olive Eyotaru is a URN journalist based in Kampala. Eyotaru has been a URN staff member since February 2015.

Eyotaru started practising journalism while still studying at Uganda Christian University. She was a reporter with Ultimate Media Consult Ltd between 2005 and 2007.

In 2009, Eyotaru joined Monitor Publications Limited, under KFM Radio as a parliamentary and business reporter. Consequently, Eyotaru started writing for the Daily Monitor newspaper until January 2015, when she moved to URN.

She is interested in reporting about politics, health, human rights, business and sports.