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Government which refused to bail out Ugandan business people when they were cash-strapped is reported in the government owned new vision as giving a somali woman sh64 billion to grow sugar cane  By Watchdog reporter

watchdog by watchdog
8 years ago
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By Watchdog reporter

Last year, government adamantly refused to bail out Ugandan business people who had crumbling business empires.

100 Ugandan companies needed over shs1 trillion from government to be saved from collapsing.

However, today New Vision reported that the same government which refused to rescue Ugandan businessmen has given out shs64 billion to Amina Hersi Moghe,a Somali woman to carry out sugar cane project in the country.

It should be noted that since last year, Amina’s business empire has been crumbling and recently she closed some Nakumatt supermarket branches in Uganda over debts.


Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com
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Watchdog Uganda is a portal for solution journalism, trending news plus cutting edge commentaries in the fields of politics, security, business, tourism, entertainment, technology, agriculture, climate change, environment, public health et al. We also give preference to Ugandan community news and topical discussions. The portal also publishes community news and topical discussions.

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