Thursday, December 26, 2024
Home > Agribusiness > Museveni Wows Kadaga, American Investors At His Kisozi Farm
AgribusinessFeaturedNews

Museveni Wows Kadaga, American Investors At His Kisozi Farm

President Yoweri Museveni yesterday hosted Speaker, Rebecca Kadaga, and a group of investors from Carlifornia, USA at his farm in Kisozi, Gomba. Kadaga skipped chairing Parliament yesterday and instead opted to visit Museveni’s farm. This left some MPs angered as her deputy, Jacob Oulanyah wasn’t also available.

Museveni said the investors were brought to him by my “good daughter Apostle Jane Frances Cheptegei.”

The investors were led by Mr Glenn Camp, the Co-Chairman and Co-CEO of Sustainable Communities Holdings and Mr Austin McDonald, the President of Genezen Energy.

Sustainable Community Holdings are setting up a factory in Budaka to manufacture building panels from agricultural waste products like rice straws. The government will co-invest in this factory that will help lower the cost of building.

Museveni driving Kadaga around the farm

Museveni said there are several attendant benefits like creating jobs but also helping check environmental degradation where people cut trees to get building materials.

“We have done the maths, and using their materials, building a two-bedroom house will cost about Shs17 million,” Museveni said.

He added: “This will help our low-tier government workers and other members of the public access decent housing, and we can support them, especially with installment payments. Teachers, the police and the army can benefit from this.”

Museveni drives his visitors around the farm

He revealed that Genezen Energy have been given 50 acres of land by Iki-Iki Sub-county in Budaka to set up a factory to manufacture solar panels and recyclable LED Silicate solar batteries, which are safer than Lithium batteries.

“I thank my daughter Pastor Cheptegei for courting these investors. She is walking in Jesus’ footsteps. A church leader should not just preach but practically demonstrate to your flock what they should do especially in fighting poverty,” Museveni said.

Leave a Reply

Your email address will not be published.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