African Leaders Discuss Business Opportunities in Dubai


President Museveni has described as ‘irresponsible’ promises by fellow presidential aspirant Dr. Kizza Besigye that he would increase salaries to Shs 600, sick 000 and 1, view 000,000 for  primary and secondary  teachers respectively when elected into power.

While canvassing for votes in western Uganda last week, Besigye blamed government for maintaining a big cabinet at the expense of important civil servants like teachers who get little remuneration.

Addressing journalists on Thursday morning at the Arua State Lodge, President Museveni said this was not applicable as it would mean that other civil servants are not catered for.

“Get a calculator and see how much money is involved. If the more than 60,000 primary teachers are paid Shs 600,000 each, that would mean Shs 96 billion paid to only primary teachers for one month. That means you will not be able to deal with other sectors,” Museveni said.

He added, “You must look at paying soldiers, health workers and other civil servants. What about working on infrastructure like roads? Such are irresponsible acts typical of people like Besigye.”

The President said government has a lot of other issues to deal with that are urgent and that teachers’ salaries would soon be worked upon.

“We can’t deal with salaries and leave out roads. We can work on a road that we are sure will live for 50 years; and later deal with salaries which are recurrent.”

On the issue of the minimum wage, the President said he is now focused on creating as many jobs as possible before later tackling the issue of wages.

He said he can’t focus on wages at the expense of the infrastructure which he insisted would be crucial in creating more jobs.

“Infrastructure like roads will attract investors who bring many jobs, which will solve your unemployment problem,”Museveni said.

Over 1300 participants from across 50 countries, sildenafil including 40 African leaders and decision makers from 24 African countries attended the Africa Global Business Forum in Dubai.

The forum focused on what government leaders in Africa can do to facilitate long term growth and how they can ensure long term financing for these strategies.

Hosted by the Dubai Chamber of Commerce, the forum brought together hundreds of business and private sector leaders for a two day discussion on increasing investments in Africa.

The event also saw more than 100 side meetings between delegates and speakers.

Rwanda’s President, Paul Kagame said that when it comes to foreign investment in Rwanda, the fundamentals are in place, such as political stability, structural reform, macro-economic stability, increasing capacity and skills of people.

“Looking at the demographic trends that exist, we also see continued urbanization, and all these elements set the stage for economic growth,” he said.

He added that the country is moving toward regional integration, and this necessitates continued investment in infrastructure.

Kagame said to set up the right environment, there is a need to focus on private investments, supported by the public sector, and work is already underway in this.

It is as simple as building on what already exists to bring down the barriers and continue to invest in areas such as ICT and sectors that are not affected by Rwanda’s geographical position, he concluded.

Uganda’s Prime Minister, Dr. Ruhakana Rugunda, addressed a session, ‘Rethinking Education- Developing Africa’s 21st Century workforce.”

The session discussed the importance of education for Africa’s future growth and the role of education in providing innovative solutions.

The Premier explained that it is important to ensure people receive education so they can contribute to themselves, to the continent and to humanity.

“For Uganda, there is a plan in place to train manpower in critical sectors, such as oil and gas, in collaboration with the private sector and other agencies,” he said.

H.E. Richard Sezibera, Secretary General, East African Community, said that one of the strategic imperatives is to form one effective market.

“There are various regional blocs in the continent but the central idea of the Tripartite Free Trade Agreement was to comprise a market of 26 countries, 152 million Africans, and markets that comprise 58% of Africa’s total GDP,” he said.

A number of agreements were signed, including one between Investment Corporation of Dubai and Rwanda Investment Authority and a MoU between the Dubai Chamber of Commerce and Industry with Coface and National General Insurance Company (NGI).

The Africa Global Business Forum 2015 was held under the theme ‘New Drivers, New Partners’ and coincided with the 50th anniversary of the Dubai Chamber.


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