Business

Uganda Ripe for Mineral Investment – Minister

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minister kyambadde

Minister of Trade, Industry and Cooperatives Amelia Kyambadde on Thursday urged investors and public to stop lamenting and blame-shifting, as per mineral exploration and investment is concerned, but instead focus on exploiting the opportunities available.

Speaking at a mineral wealth conference at Serena Hotel, Kampala – the trade minister, said: “We don’t want to hear any lamentations. All we need is to focus on where we want to be in future. Most of the necessary facilities are available.”

Kyambadde, who is also Mawokota County North MP, assured investors that Uganda’s infrastructure is good enough to facilitate mineral exploitation.

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She also revealed that “Ministry of trade, industry and Cooperatives together with the government are putting up strategic policies in line with private partnership for compliance to benefit our economy.”

The minister called on stakeholders to work towards strengthening private partnership sector and sensitization of Ugandans on the benefits regarding mineral wealth.

Kyambadde also asked Ugandans to join efforts in fighting corruption as whistleblowers.

“Expose corrupt officials. Why do you have to please them, keeping their unethical behaviors under cover in fear not to lose them yet you are bleeding business wise,” she said.

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