The Committee on Commissions Statutory Authority and State Enterprise -COSASE chaired by Joel Ssenyonyi the Nakawa West MP is probing into the sale and giveaway of several estates belonging to the Uganda Railways Corporation -URC.
Anna Merrified, the European Union Acting Head of Delegation, said every ambassador has interest in attracting foreign investors to Uganda but warned of the risk of pitying local producers against their foreign counterparts.
According to Mohamed Nazuruheen Vaheed, the Indians consider Uganda their home and pledged to attract investors to Acholi since the region has restored peace and stability. He also revealed he will will support sports development especially like Badminton, Crickets and Football which he has been doing Soroti, Jinja and Kampala.
Our reporter visited the area on Tuesday morning found several UPDF soldiers and police officers on the contested piece of land. It is alleged that Uganda Investment Authority-UIA bought the contested land from Bunyoro Grower’s Union in 2005.
Each certificate will cost USD 300 at registration and USD 150 upon renewal every year, for internal investors, while certificates to Ugandan nationals will cost 300,000 Shillings for registration and 200,000 Shillings for renewal every year.
Lokuda says after setting up a District Investment Committee, they are now proposing to create the District Capital Investment Fund to help implement Public Private Partnerships so as to strengthen its support to private sector development.
Over twenty staff employed by DAO Marble Africa Limited are stranded in Moroto after the disappearance of the top management of the company at the marble mining site. In 2012, government licensed DAO Marble Africa Limited to explore the availability of marble and later process it. In February 2014, DAO Marble secured a Mining Lease of 21 years from the Ministry of Energy and Mineral Development.
The probe stems from a petition by KHK Rayan, a local Shoe company investor in Jinja, complaining about the NRM vice-chairman, Grace Makisho, who he said was frustrating his efforts to establish his industry.
Acholi religious leaders through their interfaith organisation, the Acholi Religious Leaders Peace Intiaitive have signaled the need to swiftly move in an identify peaceful solutions to end the current land wrangles in Amuru district.