ECONOMISTS URGE UGANDA GOVT. TO NOT INVEST IN ROKO CONSTRUCTION COMPANY

ECONOMISTS URGE UGANDA GOVT. TO NOT INVEST IN ROKO CONSTRUCTION COMPANY

Policy analysts and economists have urged the government to be careful in its plans to inject Shs 202 billion into the struggling Roko Construction Company. The government revealed earlier last week that it is planning to bail out Roko Construction Company by buying 150,000 company shares, which are worth Shs 202 billion. The plan was revealed by Henry Musasizi, the state minister for Finance. He tabled the government’s plan on the floor of Parliament. More…

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