| |
PRESS
RELEASE
 UGANDAN
PRESIDENT OPENS INTERNATIONAL BUSINESS SUMMIT IN LONDON
(LONDON,
Sunday, 3 June
2007)
-- The President of Uganda and his Foreign Minister will be opening
a major business gathering on Monday, 4 June 2007 at London’s
Marlborough House in Pall Mall, headquarters of the Commonwealth
Secretariat.
This
is the latest in of a series of international trade and investment
initiatives organised by the Commonwealth Business Council, (CBC) to
promote Uganda as an inward investment hub in East Africa, in the
lead-up to November’s opening of the main Commonwealth summit (CHOGM)
in Kampala by HM the Queen.
H.E.
President Yoweri Museveni and Hon. Min. Sam Kutesa will address the
CBC’s Uganda Investment Round Table on Monday, which will be opened
by Uganda’s High Commissioner, HE Mrs Joan Rwabyomere. Leading
businessmen from Uganda will also offer their insights and comments,
including
Nick Mbuvi
of Barclays Uganda,
Aidan Heavey
of Tullow Oil and
Baker Magunda
of East African Breweries.
The private and public sectors in Uganda are
collaborating in a joint search for fast-track solutions, under the
aegis of the Commonwealth. Objectives include building bilateral
trade between Commonwealth countries, especially within Africa -- by
simplifying banking procedures, reducing the ‘digital divide’, and
minimizing bureaucratic obstacles, explained Dr. Mohan Kaul,
Director General of CBC.
Just as the potential of the mobile phone has been
seized on in Africa and successfully transformed large areas of the
informal private sector, so the CBC’s focus is on finding other
‘keys’ to unlock more economic potential, with low-cost, high impact
ideas.
“Examples of successful initiatives to date” said
Foreign Minister Kutesa, “are an IT park planned for Entebbe, near
our capital Kampala. It will act as an IT centre for East Africa,
creating jobs and, we hope, many new opportunities -- locally and
internationally. In the banking sector”, he added, “innovations
like ATM cash machines will be added to post offices across Uganda,
introducing more modern and time-saving banking practices”.
For more information contact: Mumtaz Kassam, Ugandan
High Commission, 020 7839 5783; Ishara Bhasi, Commonwealth Business
Council, 020 7024 8200; or Anthony McCall-Judson, Scribe Strategies
& Advisors, 020 7969 2759 or 07717 682117.
Issued on behalf of the High Commission of the
Republic of Uganda, Uganda House, 58-59 Trafalgar Square, London
WC2N 5DX.
www.ugandahighcommission.co.uk
 Return
to News & Resources
Return
to Top
|
|
