All Set For Kampala Private Equity Conference

Whenever you talk about Gen. Salim Saleh your thoughts always go to President Museveni his elder brother.

I do not think this is fair to Gen Saleh but unfortunately people thought process works like that. Gen Saleh will forgive me for making the reference to President Museveni while writing about him.

If you do not like President Museveni, this never allow him to talk to you. By the time the conversation ends, you will be converted!!! That is how charismatic he is and so is Gen Salim Saleh.

When the graduation committee requested me to invite him, I thought he may not like the idea; he is a very private person who has gone out of public eye.

He likes to think and work to support vulnerable people especially farmers in the rural areas. At all our graduation ceremonies, we get a theme which we use to invite a speaker to talk to the students about.

Gen Saleh rejected the speeches written for him saying he wanted to talk about practical ideas not theories in speeches.

As he began his address, he said while he was going to speak he did not have a written speech. He found fault with the request to address our graduates on joining agriculture as a profession.

He said the business school students like many others in the country had no agricultural training and you did not expect them to take interest in agriculture which they did not understand.


He decried the educational system calling for a review. He said that as an agricultural country, he was surprised that agriculture was not taught in schools and children who lived in rural areas completed their studies without any formal knowledge in agriculture.

You therefore will not expect these young people to know anything about farming later on have an interest in agriculture as a profession.

He said that most people from the schools and universities when they went out in the villages, they went out dressed inappropriately and feared insects. He suggested that young people should be taken to camps and given a three months training to prepare them for agriculture as a profession.

As the General spoke, it was evident how he had turned into a person who has been resolving conflicts among different people.

He comes out as a simple ordinary person who has respect for others and we may never know that he is a bush hero and a brother to the President.

It was easy to see how he gets into the hearts of other people to convince them about his views. The General is a great listener.

He invites professionals to his country farm, listens to their theories, asks questions and uses the information he receives to do his work.

He has helped farmers in Luweero to start different projects and currently he is running a farm where he has grown 800 acres of maize.

He likes to live a simple life and hates the modern sophisticated phones which he says take long to be operated when you want to use it.

He has passion for knowledge and would like to see rural transformation in the country. He was appointed Minister of Microfinance and he left because of too much bureaucracy in the ministry.

He said he would never be able to do what he wanted to do because the bureaucracy always had ways of stopping him from what he wanted to do.

The Writer in the Principle MUBS 
By Patricia Akankwatsa

All is set for inaugural Kampala Private Equity Authority and Venture Capitalist Conference being convened by Uganda Investment Authority [UIA].

The aim of the conference is introducing alternative financing options for SMEs with emphasis on Private Equity and Venture Capitalist funding.

The conference will run for two days starting 24th June 2015. Prime Minister Dr Ruhakana Rugunda is expected to officiate at the opening on the conference at the Kampala Serena, viagra order Victoria Hall.

This conference is hoped to provide a platform to enable networking with a high quality mix of venture capitalists and private equity firms so that deals can get done.

Ugandan SMEs in attendance will benefit from experts and regulatory professionals who will provide an insight into the status of their businesses and possibilities on what can be done to tap into all opportunities presented by the market.

At a meeting held Tuesday at Hotel Africana, UIA Chief Executive Officer Eng Dr Frank Sebowa asked the committee members to discuss strategies that would help SMEs achieve their goals.

Mr. Sebbowa informed the press that so far 150 promoters of SMEs have expressed interest in attending this conference though UIA is targeting 50 more.

Interested SMEs, he said must have been operating for some time and must be formally registered.

Speaking at the preparatory meeting, CEO Private Sector Foundation Uganda [PSFU] Mr. Gideon Badagawa highlighted a need to engage SMEs to face challenges and help them to save to invest.

He added that there is also need to formalize informal enterprises, noting that a number of SMEs in the country, despite their exponential growth over the years, have remained unregistered.

According to URA statistics, Small and medium enterprises, are hesitant to visit the registrar’s office, for fear of being enclosed in the country’s tax basket


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