Museveni desperate as multinationals start a mass exodus out of Uganda

This development has dealt a major blow to the dictator whose current challenge is to win global legitimacy as Uganda’s president.

Posted  118 Views updated 7 days ago

While despot Museveni wants the world to believe that Uganda is safe for global investors to bring their money and brains to Uganda, events on the ground paint a different, grim picture.

As he tries to mislead global investors to come, those hitherto established in the country are leaving en masse, in what has been described as a ‘mass exodus of multi-nationals.’

Several businesses including Shoprite store, AIG, Smart Telecom, and Africell, GEMS Cambridge among others, have announced the closure of business in Uganda. 

This development has dealt a major blow to the dictator whose current challenge is to win global legitimacy as Uganda’s president.

The exodus by these international firms implies that Uganda’s ailing economy will slump further, sending Uganda into a total collapse. 

What Museveni doesn’t know is that nobody worth their investment wants to put their money in a fragile and insecure environment like the one Museveni has made Uganda be.

In his killing frenzy, Museveni forgot to remember that multinationals are keen on stability and governance of the country where they have, or intend to invest. As those already established fold up to leave, those previously interested in coming are looking elsewhere. Along goes the immense employment opportunities that the public service has failed to provide.

While Museveni was busy killing innocent Ugandans before and during the elections, he thought he would simply close the chapter and ask Ugandans to move on. Ugandans may be helpless, but our ancestors are not, and they have control over a weapon known as karma.  

As the government sets out to ostensibly ‘investigate’ the reason behind the exodus, perhaps they should consider asking Museveni to step down since he is the genesis of Uganda’s problems. By NRM Museveni blogger.


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