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Civil society wants local investors promoted over foreign ones

A civil society group wants the Trade ministry to promote local investors over foreign ones to create employment opportunities. 
This follows cases where the Trade minister, Amelia Kyambadde, has on several occasions invited foreign investors to exploit the opportunities in various sectors of the economy, with the latest being in the pharmaceutical industry. Civil society group, Southern and Eastern African Trade, Information and Negotiations Institute (SEATINI), is discontented over government’s move to “liberalise everything.” Mr Cyprian Batala, the assistant commissioner external trade, said although government has a role to protect her industries, allowing foreign players particularly imports of pharmaceutical products is important to help millions of Ugandans access the essential medicine.

About Mubiru Ali

Radio Simba News Team — Broadcasting from Kampala, Uganda on 97.3 FM and online at www.radiosimba.ug

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