President Yoweri Museveni has directed the relevant government departments to start taking action against foreign nationals especially Asians who are running small scale businesses in Uganda.
This is not acceptable according to the President; small retail businesses should be left to Ugandans while the foreigners should be running large scale firms such as factories that provide employment to Ugandans.
President Museveni said that it was “not correct for the regulators not to take action against the Chinese and Indian retailers who unfairly compete against our retailers.” as Chimprereport marks.
He added, “Retailing should be preserved for the Ugandans or, possibly, the other African immigrants as well.”
Many Ugandans have over the years complained and economists warned about the rate at which foreigners, majorly Chinese and Indians have taken over the country’s economy down to the lowest level.
It is commonplace walking downtown in Kampala and other municipalities to find Chinese people working in small shops retailing second hand clothes, shoes and electronics.
There have also been complaints that Chinese firms contracted on government infrastructure projects tend to come along with their own nationals to work as foremen and sometimes casual laborers.
Economists have warned that this will not only worsen Uganda’s unemployment challenges but also profit repatriation.
Théogène U @Bwiza.com