Museveni: I don’t own shares in any company in Uganda

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President Museveni has that if the Uganda is to develop, it must allow infrastructure development such as factories.
The President said that although he has always fought for the construction of more factories so that the youth get jobs, time and again he has been accused of having shares in those factories.
The president made the remarks while on Spice FM radio station in Hoima Municipality on Wednesday.

read: Mirundi threatens to expose the real owners of businesses and properties in Uganda

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He also asked people to desist fighting factories according to tribes or race saying that all Ugandans have freedom of movement and can set up factories anywhere they want as long as they acquire the land to do so.
“There are people who say that is an Indian factory but all factories in Uganda are Ugandan,” he said.
President Museveni said that there are two groups of people against the proposed amendment to the land law.
“These are thieves and those that are against the development of the country and want to stall government work,”
The President said that the opposition politicians are spreading falsehoods about the proposed land law because they do not want to see government working, as they will have something to criticize about when the government is performing well.

Mr. Museveni explained that with the proposed amendment to the land law, government must acquire land after compensating the owner and where a landowner is discontented, he or she can appeal in order to get fair compensation but at the same time ensuring that public infrastructure projects are not stalled.
Citing the Kamwenge-Fort Portal road that he had earlier on commissioned President Museveni said that there are some greedy people who want to loot government, stall government projects with the hope of being compensated more money. “The Kamwenge road works got stalled when a one Kasangwa wanted a billion shillings for a quarter an acre and yet the piece of land had been valued at UGX 89 million. The contractor had to change where the road would pass.

The President said the amendment would allow discontented landowners to let government projects continue on as they appeal for fair compensation. He revealed that during the construction of the Mpigi-Kanoni-Kabulasoke-Maddu-Ssemabule–Masaka road, government acquired 21 acres of his land in Gomba; he did not refuse government to acquire the land because he knew the road would be of use to him.

READ: Museveni on women murders: govt to put up cameras in urban areas

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