Saturday, July 12, 2025
UG Standard - Latest News
  • Home
  • News
    • DIPLOMACY
    • COURT
    • AFRICA
    • BOOK REVIEW
    • INTERVIEW:
    • National
    • Parliament
    • World
    • Regional
  • Business
    • AGRIBUSINESS
    • OIL & GAS
    • REAL ESTATE
    • TECH
    • INNOVATIONS
    • TELCOM
  • OpED
  • EDUCATION
  • INVESTIGATION
    • NATIONAL ARCHIVE
    • SPECIAL REPORT
    • ANALYSIS
  • FEATURES
    • SOCIETY
    • Community
    • Pictorial
    • PROFILES
    • Lifestyle
    • Health
    • ENVIRONMENT
  • Tours & Travel
    • Hotel & Hospitality
  • Sports
  • About Us
  • Login
UG Standard - Latest News
ADVERTISEMENT

Professionals demand transparency in Uganda’s investment deals

by JAVIRA SSEBWAMI | PUBLIC EDITOR
15/06/2024
in News
Reading Time: 2 mins read
A A
0
Share on FacebookShare on Twitter
Mr. Robert Kabushenga is a coffee farmer
Mr. Robert Kabushenga is a coffee farmer

A digital community of Ugandan professionals, mostly in the diaspora, has expressed skepticism over the government’s planned investments and initiatives worth UGX 933BN in the 2024/2025 budget. The concerns were raised in a vibrant online discussion, with some members questioning the viability and accountability of these projects.

“My skepticism about these so-called investments and initiatives comes from our rich history of producing white elephants,” said Robert Kabushenga, a member of the community. “We have a history that tells us how all this will end. It is only fair that we ask questions now, ahead of this investment misadventure.”

Related posts

Hon. Haruna Kasolo (seated middle) with other individuals who accompanied him at NRM offices in Kyadondo on Thursday.

Minister Kasolo nominated for NRM Vice Chairperson, Buganda Region

03/07/2025
217
The accused persons in court today.

Vandalism of Electricity Equipments: 17 charged with terrorism

02/07/2025
208

Looming unemployment: Farmers, Residents in shock as NEMA boss orders the demolition of multi million chicken farm

30/06/2025
343
Suspects in court on Monday.

Mpigi District boss, District Service Commission Members Charged over illegalities in Job offers

30/06/2025
169

Kabushenga cited Uganda’s history of failed projects, including Tristar Apparels, worth US$ 10m, Hides & Skins, worth UGX 150BN, Atiak Sugar, worth UGX 170BN, Roko Construction, worth UGX 200BN, Banana (PIBID), worth UGX 240BN, Coffee I Consort, worth UGX 37BN, Lubowa Hospital, worth US$300M, Teso Juice, now given to Azeb Mesfin, widow of Meles Zenawi, former Ethiopian PM, for free, Aya Hotels, Akon and Naguru Cities, Bwebajja Government Campus, Tororo (Sukulu) Phosphates, Rakai EPZ, Cassava Project in Nwoya, and Fish Processing Plants.

“They may soon become a tourist attraction,” he added, highlighting the burden on ordinary Ugandans through taxes and debt repayment, benefiting private individuals without accountability.

Kabushenga emphasized the need for transparency and public scrutiny, questioning the lack of investment in wealth production and the prioritization of enriching a few individuals. “It would be good for the numbers to be made public so we can actually see that these are an investment in the national good. But as we have come to know, this is to enrich a few individuals,” he said.

The community called for enlightenment and lifting social consciousness, hoping for a better approach to investments and governance in the future. “All I can do now is share my thoughts in the enduring faith that a more enlightened generation can do better than we have done for the greater public good,” Kabushenga concluded.

Share this:

  • Share
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on X (Opens in new window) X
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on X (Opens in new window) X
  • Click to share on Pinterest (Opens in new window) Pinterest
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on WhatsApp (Opens in new window) WhatsApp

Like this:

Like Loading...

Related

Tags: FeaturedRobert Kabushega

Related Posts

 Abbas urges U.S. to compel Israel to stop violations against Palestinians
News

 Abbas urges U.S. to compel Israel to stop violations against Palestinians

05/11/2022
0
307

Abbas urges U.S. to compel Israel to stop violations against Palestinians RAMALLAH, Nov. 4 (Xinhua) -- Palestinian President Mahmoud Abbas...

Read moreDetails
Equity ranked 4th strongest banking brand globally on brand strength, scoring 92.4 points out of 100

 Equity Bank Under Scrutiny for Alleged Role in UGX.3bn Fake Gold Scam

09/07/2024
625
Minister of Health Dr. Ruth Aceng and Permanent Secretary Dr. Diana Atwiine pay their respects at the burial of Dr. Joshua Musinguzi, a champion in the fight against HIV/AIDS in Uganda. Their presence honors his legacy and dedication to improving healthcare in Uganda.

 FULL LIST: Health Service Commission Shortlists Applicants for Key Roles

18/06/2025
1.4k
Kabuleta and other opposition politicians have teamed up to put an end to Museveni's leadership

 Kabuleta, other opposition politicians team up to put an end to Museveni’s leadership

27/02/2024
503
Load More

Popular Articles

  • Check out the top schools with pupils who scored 6 in 4 aggregates in the 2024 PLE results, as released by UNEB

    PLE 2024 Results: Top Schools with 6 in 4 Aggregates

    4377 shares
    Share 1751 Tweet 1094
  • How to Renew Your National ID Online: NIRA Pre-Registration Portal 2025 Guide

    4059 shares
    Share 1624 Tweet 1015
  • NIRA unveils high-tech National ID, mass enrollment set to begin

    2667 shares
    Share 1067 Tweet 667
  • FULL LIST: Ministry of Education, NCDC publish self-study workbooks amid COVID-19 lockdown

    3323 shares
    Share 1348 Tweet 823
  • How to Check PLE Results 2024 on Phone, Online

    1785 shares
    Share 714 Tweet 446
  • PLE 2024 Results: UNEB Clarifies on Release Date

    1651 shares
    Share 660 Tweet 413
  • MPs clear govt to cancel 2020 academic year

    2796 shares
    Share 1150 Tweet 686

Recent Articles

The IGG Beti Kamya urged Ugandans to help expose suspicious wealth, such as high-rise apartments owned by public officials.

How the Office of the IGG is Turning the Tide in Uganda’s Fight Against Corruption

11/07/2025

betPawa Makes History with Africa’s Biggest Aviator Win — UGX 3,582,370,00 in One Round

11/07/2025
Herbert Achai

Transfers: Herbert Achayi Returns to KCCA FC

11/07/2025
The accused persons at Court on Friday.

Gomba District Commission Members, charged with extortion and Soliciting Bribes for Jobs

11/07/2025
Brian Mulondo (C) moderates the MTN MoMo Power to be More campaign Launch with MTN's Richard Yego (L) and Jemima Kariuki (R)

MTN MoMo Broadens Digital Offerings to Empower Individuals, Businesses

11/07/2025
Uganda is phasing out individual taxi operators, requiring drivers to join associations or SACCOs to streamline public transport. The government also announced digital penalties for traffic violations

Kampala Air Pollution Exceeds WHO Limits, Studies Show

11/07/2025
UCC Executive Director Nyombi Thembo, these illegal operations disrupt fair competition and create risks to lives, property, and trust

Telecoms sector facing increasing cybercrime

11/07/2025

Recent CommentsRecent Comments

  • The Journey of Ibrahim Traoré on How President Ibrahim Traoré’s ambitious vision is driving Burkina Faso’s economic growth push
  • Ugandan Scientists Finalists For European Inventors Prize — Press Uganda on Ugandan scientists finalists for European inventors prize
  • Government Pumps UGX1 Trillion Into UDB To Drive Industrialization, SME Growth — Press Uganda on Government pumps UGX1 Trillion into UDB to drive Industrialization, SME growth
  • PS Ggoobi Tips On Building USD 500b Economy — Press Uganda on PS Ggoobi tips on building USD 500b economy
  • Museveni Meets German Envoy Matthias Schauer After Subversion Claims — Press Uganda on Museveni meets German envoy Matthias Schauer after subversion claims

UG Standard - Latest News

UG Standard, published via www.ugstandard.com isa publication of Sahel Media Solutions Ltd, a professional Digital/New Media company in Uganda info@ugstandard.com

Follow us on social media:

Latest News

  • How the Office of the IGG is Turning the Tide in Uganda’s Fight Against Corruption
  • betPawa Makes History with Africa’s Biggest Aviator Win — UGX 3,582,370,00 in One Round
  • Transfers: Herbert Achayi Returns to KCCA FC
  • Gomba District Commission Members, charged with extortion and Soliciting Bribes for Jobs
  • MTN MoMo Broadens Digital Offerings to Empower Individuals, Businesses
  • Kampala Air Pollution Exceeds WHO Limits, Studies Show

OpED

Equipping Youth with Skills for a Sustainable Future: A Mission We Must All Embrace

Fueling the Future: How Pesapal’s Forecourt Management Solution is Transforming Uganda’s Petroleum Sector

HELLEN MASIKA: From Darkness to Solar Light in Kijumba 

Why de-register a Motor Vehicle in Uganda: and Consequences of Non-Compliance

Challenges of taxing law firms in Uganda

© 2024 Ugstandard - Latest News by Digital/New Media company.

Welcome Back!

Sign In with Facebook
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • DIPLOMACY
    • COURT
    • AFRICA
    • BOOK REVIEW
    • INTERVIEW:
    • National
    • Parliament
    • World
    • Regional
  • Business
    • AGRIBUSINESS
    • OIL & GAS
    • REAL ESTATE
    • TECH
    • INNOVATIONS
    • TELCOM
  • OpED
  • EDUCATION
  • INVESTIGATION
    • NATIONAL ARCHIVE
    • SPECIAL REPORT
    • ANALYSIS
  • FEATURES
    • SOCIETY
    • Community
    • Pictorial
    • PROFILES
    • Lifestyle
    • Health
    • ENVIRONMENT
  • Tours & Travel
    • Hotel & Hospitality
  • Sports
  • About Us

© 2024 Ugstandard - Latest News by Digital/New Media company.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
%d