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National News

GOVERNMENT TO SUPPORT LOCAL INVESTORS IN MANUFACTURING

editor
By editor

President Museveni has pledged government support to progressive local investment groups that have something to show and working within the country’s investment plan.

While commissioning a fruit processing plant in Nakasongola District, Museveni urged Ugandans to focus on value addition for the different agricultural products to fight poverty and create wealth.

Citing the example of owners of the newly commissioned Kike Tropical Fruits factory in Nakasongola District, the Ugandan leader noted that the entrepreneurs responded to his earlier call to fight against poverty in Uganda.

Linking the fragile state of the Soroti Fruit factory to failed planning, President Museveni said the factory was poorly built and money possibly stolen.

Museveni promised to address the issue of high flying taxes in order to support local investments.

Meanwhile, Kike Tropical Fruits Limited has capacity to process 1,000 metric tonnes of fruits

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