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President Museveni chaired the 6th round of the annual Presidential Investor’s Roundtable (PIRT) today at State House Entebbe.
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You our wananchi were represented by respective officials of Government agencies and departments, international and local private sector representatives in sectors of Tourism, Agriculture, Minerals, oil and Gas and Transport.
The overall aim for this meeting is to improve Uganda’s competitiveness in the world economy. This is a very useful forum where we interface and get free consultancy that inject energy in an otherwise laid-back way of doing things,’’Museveni said.
By the end of our engagement, we resolved on a number of issues but I would like to highlight three;
- The cost of electricity for manufacturing is currently at 8 cents per unit and it shall go as low as 5 cents for big, medium and small enterprises.
- While we have improved the major road network, there is need to make new and cost friendly means for cargo. That means the biggest pusher will be the railway and water transport.
- We are taking steps to reduce cost of money(interest rate) and cost of internet for our people in manufacturing, agriculture and some elements of services.
Check also;
- Economists Have Advised Government To Invest In Youth Empowerment
- Uganda’s president Warned Government Officials Who Disappoint Investors
- Government Faulted On Tax Policy
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![[dropcap]A[/dropcap] section of women in Bugongo parish and Nawangaiza parish in Nawandala Sub County, Iganga District have decried the near-impossible terms set for them to access GROW funds. They have now petitioned their woman member of parliament for Iganga Hon. Kauma Sauda Alibaawo to ask the government for revised terms and conditions. This is to enable them to benefit from the program. The disgruntled women accuse the implementers of the program of charging the money. They are also asking for their land titles and land agreements. They said that such properties are governed by their husbands. These, therefore want the government through their woman MP to intervene and revise the requirements for one to benefit. The women were on Wednesday at Namabwere primary school in Nawandala Sub County. They had gathered in their respective groups to receive over 300 chickens from Hon Alibaawo in her campaign to improve the livelihood of women in Iganga district. Each group was given 50 chicken as start-up capital in their journey to prosperity. Read what some leaders said; Ms Naigambi Lydia from Nawandala Trading Centre says, “They solicited money from us through opening bank accounts and depositing Shs80,000. They also asked for land titles and land agreements from us yet we don’t have such things. I was informed that I needed to have a business with a capital of Shs4m yet my capital was very small.” The chairperson Kisoboka Saving Group in Nawandala Ms. Nakagolo Faith said they were not able to join the program. This is given the many conditions attached. She also asked their woman MP to raise their concerns to the relevant offices. The MP condemned the mode of implementation of the program. She cited that it has turned to benefit the well-off class of women other than the intended group. She further asked the government to intervene saying the current strings attached to the programme are very tight to accommodate a common woman. GROW project is a Government of Uganda initiative that arose out of the need to respond to the needs of women entrepreneurs. This is especially those who want to grow their businesses, sustain their self-employment and create more jobs. Check Also; Iganga District NRM Leaders Urge Museveni To Fulfill Election Promises Of 2021 International Women's Day: Celebrating Progress Towards Equality](https://i0.wp.com/newslexpoint.com/wp-content/uploads/2024/11/Iganga-women-decry-tough-terms-to-access-GROW-funds-e1731738339732.jpg?resize=300%2C160&ssl=1)
