[UAH] DOES UGANDA STILL CALL FOR INVESTORS?

The closure of media houses this week may be the worst event of the year 2013.  Uganda is in bad shape financially, it can least afford to make blunders like the closure of businesses like the Monitor Publications.  A few years ago, The Monitor was doing badly, there was need for an investor, an opportunity arose and Aga Khan was willing to add it to his empire.  Shortly after that, Uganda was shopping for a partner to see Bujagali dam a reality; again Aga Khan was at hand and the dam has been commissioned.  It is absurd that Uganda Government can make decisions with so much short-sightedness as has been the case of the closure of the media firms.  These are decisions our leaders make which partly lead to the under-development we see around.  Given what Aga Khan has sunk into Uganda, an investor must really have a very big hear to risk his/her money into the country. The Muhoozi Presidential Project is not news.  It was bound to explode.  The Museveni empire in 1986 is nothing compared to what he must be owning now; however, why think that the best way to safeguard it is through having a son to take up the leadership?  Many Ugandans have been marginalized since the 1986 take over; one region has been seen to be a major beneficiary since not only in scholarships but also in Government jobs and opportunities.  It is short sightedness that anybody can assume that this state of affairs is sustainable through the family imposing its members to the leadership of the country.   The best our leaders should do is to have investments anywhere around the world, have their children and relatives manage them, but it is so risky assuming that a project like the alleged Muhoozi to President will sail smoothly without doing a lot of damage to the would be country's development. As regards the Sejusa letter, it is wrong to blame the Monitor.  This is not the 1st letter that the publication has published by the same author.  What is important is to address the issues.  It is not news that common sense points to the possibility of wishing to eliminate those that may not be in-favour of such a project.  This is all happening simply because President Museveni has let down the people of Uganda.  He was supposed to be out of office in 2006, he is a likely candidate for 2016 as there is no sign of his wishing to leave.  Ugandans should blame President Museveni for the developments, and hence investors should be no victims of his wrong scheme (s) as seen by those who see them in offing.    For details refer to the link below: http://www.hecarethforyou.blogspot.com/2013/05/does-uganda-still-call-for-investors.html William Kituuka Kiwanuka