Museveni of the Republic of Uganda east Africa Award 62 Responsible Investments
in Uganda with the 2019 Uganda Responsible investment Award (URI AWARD).
Asia Africa Development Council | New Delhi India| Web: www.asiafricaonline.com
On 22nd November 2019 at Imperial Royale Hotel Kampala, H.E Yoweri Kaguta Museveni recognized 62 Responsible Investments with the prestigious Uganda Responsible Investment award (URI Award). This was during the 2019 Uganda Responsible Investment Summit and Award Ceremony. Over 500 Investors attended and over 400 Young Entrepreneurs were in attendance.
The summit was organized by Public Opinions International in partnership with the Office of the Minister of State for Privatization and Investment.
During the summit, H.E Yoweri Kaguta Museveni was declared The Uganda Peace and Development Champion in appreciation of his efforts to ensure peace and stability in Uganda. He was recognized for being the first president of Uganda since independence to ensure total peace and stability all over Uganda. It had never happened in Uganda in 62 years.
The president received an award Endorsed by H.E Dr. William Ruto Deputy President of the Republic of Kenya. The endorsement of the Award was done in Nairobi Kenya by Dr. William Ruto in the presence of Dr. Paul Bamutaaze President of East Africa Book of Records and Luzindana Adam Buyinza Team Leader of Public Opinions International.
The President encouraged investors to promote and uphold International best practices and standards.
The theme of the Uganda Responsible Investment Summit was “How Government can partner with Private Sector to Promote Responsible Investment for Industrialization and Job Creation”
Mr DHEL Paul Gum Country Coordinator of Public Opinions in South Sudan thanked President Museveni for bolstering peace in South Sudan and the horn of Africa. He used the opportunity to invite president Museveni to South Sudan to address the young people and also to receive the recognition from the people of South Sudan.
Ms carolyne Bainamaryo made a presentation and gave facts on the role of the Labour export Sector in the development of Uganda. The labor Export sector in Uganda is now the biggest foreign exchange earner outcompeting the Tourism Sector.
“This award is not for me as an individual. It is for the freedom fighters. I thank Deputy President William Ruto for recognizing our contribution. The changes in Uganda are not by accident. We are just starting. The size of our economy is US$ 35 billion and it has grown by about 20 times since 1986. NRM is a systematic organization. For the first time in 500 years the whole of Uganda is peaceful,” he said, adding “it is only under the NRM that we have been able to establish peace in the whole country”.
He was pleased to note that many investors were flocking into Uganda because of peace and liberalization.
He said that Uganda has experienced an economic growth rate of 6.5% for some good time and that the government has addressed the issue of electricity by building a number of hydro-power stations with Karuma dam expected to provide energy at a rate of 4.8 US cents per unit.
He assured the investors and Ugandans at large that Ayago dam would generate 840 megawatts of power once it is complete.
President Museveni revealed that the Government was preparing to embark on nuclear energy generation when it exhausts the available hydropower potential on River Nile.
On the issue of transport infrastructure, the President noted that while this was still high especially for the import and export sector, the government is due to start building our railway line that will lower the cost of transporting goods from Mombasa to Kampala.
The President said while traveling to Luwero District recently he noticed that Lumansi swamp had been encroached upon.
“These people must get out of the swamp. Uganda is very competitive in the agro-industry and whoever attacks our water is our enemy,” he said.
On the industrialization progress, he said that so far 49 industries have been commissioned in Namanve Industrial Park and 112 were under construction. He said that the target is to have about 500 factories in Namanve. He reminded the investors that the industrial parks need low cost housing estates nearby to accommodate workers.
He criticized people promoting sectarianism along religious and tribal lines and urged them to focus on regional integration instead.
He was happy to note that Uganda today is the leader in supplying the regional market with goods. He said that Uganda currently exports goods worth US$ 500 million to D.R. Congo and US$ 600 million to Kenya per annum.
He saluted Mzee Daniel Arap Moi of Kenya and Mzee Ali Hassan Mwinyi of Tanzania who worked closely with him leading to the revival of the East African Community. He said that this has led to a bigger market that has enabled our growth.
The State Minister for Privatization and Investments, Evelyn Anite, congratulated President Museveni for scooping the Development Champion and Peace Award.
The President of Uganda Law Society, Simon Peter Kinobe, saluted President Museveni for having enabled Ugandans to live in an era of excess supply of commodities. He said that Uganda has become a supplier to East and Central Africa.
He thanked the President for enabling them to work for the rule of law. He assured him that they would not tolerate those who block our development.
The Country Director of Public Opinion of South Sudan, Paul Dale Gum, said that President Museveni and Uganda Government have played a leading role in the promotion and maintenance of security in the region.
He said that by providing security, President Museveni has enabled investors to come into East Africa.
“We are celebrating you as an icon of champion of peace not only in Uganda but in Africa. Your contribution speaks volumes for solving post elections conflicts in Kenya, peace in Somalia, South Sudan and D.R. Congo,” he said. He invited him to address the youth in South Sudan.
The winners of the 2019 Uganda Responsible Investment Award (URI AWARD)
|1. AFGRI UGANDA LIMITED|
|2. BRITAM INSURANCE COMPANY LIMITED|
|3. AGRICULTURAL BUSINESS INITIATIVE (ABI)|
|4. CASE HOSPITAL|
|5. CHIEF DISTILLERIES LIMITED 6. GEMS INTERNATIONAL SCHOOL 7. BUGANDA CULTURAL DEVELOPMENT FOUNDATION (BUCADEF) 8. NNABAGEREKA DEVELOPMENT FOUNDATION 9. KABAKA FOUNDATION 10. UGAFODE MICROFINANCE LIMITED 11. RILEY PACKAGING 12. SALT TV 13. ARUA SEZ LIMITED 14. GRANT THORNTON LIMITED 15. EQUATOR SEEDS LTD 16. GROW MORE SEEDS LIMITED 17. ABL DUNAMIS LIMITED 18. DOTT SERVICES LIMITED 19. AL SHAFA MODERN HOSPITAL 20. PIO PADRE GROUP LTD 21. UGANDA ASSOCIATION OF PRIVATE VOCATIONAL INSTITUTIONS (UGAPRIVI) 22. FARASI AGRICULTURAL MACHINERY CO. LTD 23. UGANDA HEALTH MARKETING GROUP (UHMG) 24. ANKOLE COFFEE PRODUCERS COOPERATIVE LIMITED – ACPCU|
|25. APONYE (U) LIMITED 26. DAIMOND TRUST BANK 27. BANK OF BARODA 28. MANSONS (U) LIMITED 29. KOBIL 30. DR ARGAWALS EYE HOSPITAL 31. BEST CERAMICS 32. MASTER ENGINEERING UGANDA LTD 33. MASINDI SEEDS LTD 34. UGANDA FUNERAL SERVICES 35. GRAND MICRO INSURANCE 36. ISLAMIC UNIVERSITY IN UGANDA (IUIU) 37. PEARL DIARY 38. GOODMAN INTERNATIONAL 39. RAINBOW INTERNATIONAL SCHOOL|
|40. EAST AFRICAN DEVELOPMENT BANK (EADB)|
|41. ECO POWER UGANDA LIMITED|
|42. ELECTRICITY REGULATORY AUTHORITY (ERA)|
|43. FABRICATION SYSTEMS UGANDA LIMITED (FSUL)|
|44. GRANT THORNTON UGANDA|
|45. GROW MORE SEEDS AND CHEMICALS LIMITED|
|46. KATON MANUFACTURES LTD|
|47. KILEMBE INVESTMENTS LTD (K.I.L)|
|48. MBALE RESORT HOTEL LIMITED|
|49. MULTICHOICE UGANDA LTD|
|50. MULTIPLEX LIMITED|
|51. NATIONAL ASSOCIATION OF PROFESSIONAL ENVIRONMENTALISTS (NAPE)|
|52. NATIONAL DRUG AUTHORITY (NDA)|
|53. ORIENT BANK UGANDA LTD|
|54. REGIS UGANDA LIMITED|
|55. ROKO CONSTRUCTION LIMITED 56. FIRST INSURANCE COMPANY LIMITED 57. NATIONAL PLANNING AUTHORITY (NPA) 58. SASAKAWA GLOBAL 200 UGANDA|
Council for Sustainable Peace and Development
Asia Africa Development Council (ADCO)
New Delhi, Republic of India