President Museveni on Thursday blasted Uganda Investment Authority (UIA) leaders over Namanve land charges.
Museveni, who was commissioning six factories constructed in Namanve Industrial Park, blamed the leadership of UIA for charging investors a lot of money on Namanve land. UIA leaders reportedly charge every hectares of land USD80,000 (Shs300m) This has made investors look for alternative land.
Museveni said: “UIA leadership is a group of nuisance. How can they say every hectares of land is USD80,000. Investors spend much money on land than real capital Instead of building the country they are eating up people.”
According to Museveni, UIA cannot be an authority promoting investment but rather Uganda Investment Prevention Authority (UIPA).
“Why do you accept jobs yet you can’t manage them. Most Ugandans think when they are doing poor work they are harming me but you are breeding curses for your own families,” said an angry Museveni before urging them to stay in their homes if they can’t deliver as they ought to.
“There some wrong elements that kept on threatening investors but I have commanded police to deploy guards allover the Park,” said Museveni.