• Latest
Museveni Scoffs at “Enemies of Uganda” as NRM Secures Majority LC Seats

Museveni Threatens to Lock Up Officials who Extort Money from Investors

7 years ago
Kyabazinga Nadiope Installed as Chancellor of Lubega Institute at 5th Graduation Ceremony

Kyabazinga Nadiope Installed as Chancellor of Lubega Institute at 5th Graduation Ceremony

15 hours ago
Uganda’s Annual Inflation Declines to 3.4% in March 2025

Uganda’s Annual Inflation Rises to 3.8%, Core Inflation at 4.2% in May 2025

15 hours ago
Uganda High Commission Hosts Top Indian Tour Agents for FAM Trip

Uganda High Commission Hosts Top Indian Tour Agents for FAM Trip

16 hours ago
Oryem, JICA Chief Forge Stronger Uganda–Japan Ties, Spotlight Yumbe Projects

Oryem, JICA Chief Forge Stronger Uganda–Japan Ties, Spotlight Yumbe Projects

16 hours ago
Old Mutual Launches ‘Private Wealth’ Investment Service for Uganda’s High-Net-Worth Investors

Old Mutual Launches ‘Private Wealth’ Investment Service for Uganda’s High-Net-Worth Investors

18 hours ago
Rockboom Makes Nabukwasi’s Car Dream Come True

Rockboom Makes Nabukwasi’s Car Dream Come True

19 hours ago
SoftPower News
Saturday, May 31, 2025
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
SoftPower News
No Result
View All Result
Home News

Museveni Threatens to Lock Up Officials who Extort Money from Investors

by Our Reporter
October 23, 2018
Museveni Scoffs at “Enemies of Uganda” as NRM Secures Majority LC Seats

President Yoweri Museveni

4
VIEWS

President Yoweri Museveni has warned officials in government who frustrate investment by extorting money from potential investors threatening he will lock them up.

Museveni made the comments on Tuesday while commissioning the first phase of the Uganda-China Industrial Centre in Sukulu, Tororo district which will produce glass, steel, organic-fertilizers, bricks and cosmetics among other products.

Related Stories

Kyabazinga Nadiope Installed as Chancellor of Lubega Institute at 5th Graduation Ceremony

Uganda’s Annual Inflation Rises to 3.8%, Core Inflation at 4.2% in May 2025

Uganda High Commission Hosts Top Indian Tour Agents for FAM Trip

The President hailed the Chinese government for facilitating Chinese companies seeking to invest in Africa.

The multiple factories in Sukulu industrial park are owned by Chinese firm Guangzhou Dongsong Energy Group and will create over 2,500 jobs. The industrial park sits on up to 1,600 acres of land.

Museveni said that government is investing heavily in infrastructure like electricity and the Standard Gauge Railway so as to reduce the cost of doing business in Uganda, but was quick to add that corruption is dragging these efforts.

“Uganda will become more competitive in doing business. This is however if you fight corruption,” Museveni said.

He called such corrupt elements as ‘flies’ and parasites who hover and feed off investors.

“You hear that there are flies who hover wherever there are left overs of food. Those flies must be fumigated because they disturb our investors,” he said.

“We are going to lock them up,” the President warned.

He called on Ugandans to cooperate with government in the fight against corrupt tendencies by volunteering information. Thus it is a simple fight that will be won, he said.

“That is a simple fight. We shall wipe it out as long as we get the facts,” Museveni said.

Last year, the Minister for Labour, Employment and Industrial Relations, Herbert Kabafunzaki was arrested on suspicion that he had solicited a Shs 15 million bribe from an investor.

Prosecution alleges that on April 8, while at Serena hotel in Kampala, Kabafunzaki directly solicited for a bribe in return to clear the image of Hamid Muhammed, the proprietor of AYA group of companies from allegations of sexual harassment lodged against him by a former employee at the Nakasero-based Hilton hotel.

The female employee had filed complaints with both Police and with Kabafunzaki, in his capacity as the Labour Minister.

Tags: briberycorruptionextortioninvestorsNewsSoft Power NewsUganda

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


The reCAPTCHA verification period has expired. Please reload the page.

Recent Stories

Kyabazinga Nadiope Installed as Chancellor of Lubega Institute at 5th Graduation Ceremony

Uganda’s Annual Inflation Rises to 3.8%, Core Inflation at 4.2% in May 2025

Uganda High Commission Hosts Top Indian Tour Agents for FAM Trip

Oryem, JICA Chief Forge Stronger Uganda–Japan Ties, Spotlight Yumbe Projects

Old Mutual Launches ‘Private Wealth’ Investment Service for Uganda’s High-Net-Worth Investors

Rockboom Makes Nabukwasi’s Car Dream Come True

Visit UBOS Website
SoftPower News Logo

SoftPower News is a subsidiary of SoftPower Communications LLC, a Ugandan digital media group. Keep posted of the latest from Uganda and East Africa.
Plot 4B Malcolm X, Kololo
P.O Box 1497, Kampala - Uganda
Tel: +256-392-001-701
Email: info@softpower.ug

This news site is licenced by Uganda Communications Commission (UCC)

ADVERTISEMENT
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
  • Regional
  • Defence & Security
  • Sport
  • Entertainment
  • More

© SoftPower News

error: Content is protected
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women

© SoftPower News