Friday, April 24, 2015

Privatisation or Plundering

Most of our companies are privatized. The process was not obviously good and convincing and I just read the following as companies which were privatized i Uganda and the list is not exhaustive:

A LIST OF SOME COMPANIES PREVIOUSLY OWNED BY UGANDA GOVT BUT SOLD OFF -
1. Uganda Airlines;
2. Uganda Development Corp,
3.uganda development Bank,
4. Uganda American Insurance Corp,
5. East Africa Distillers,
6. Shell U Ltd,
7.Uganda Securiko,
8.Lake Victoria Bottling Co Ltd,
9.Agricultural Enterprises Ltd, ...
10.Uganda Tea Corp,
11.Steel Corp of East Africa,
12.Blenders U ltd,
13. Uganda Hotels with its nationwide branches,
14. Tumpeco,
15.Uganda cement Industry,
16. Nile Complex Hotel,
17.Uganda Fisheries,
18.Uganda leather & tanning ind,
19. Uganda meat packers ltd,
20.Torooro cement works,
21.Winits (u) Ltd,
22. Lake Victoria.....?,
23. Uganda hardwares lts,
24.Uganda posts and telecommunicati on corp,
25. Uganda Motors ltd,
26.Uganda Hire purchase Co, 27. Kampala Auto centre, 28.republic motors, 29.Total u ltd,
30.Afrian texttiles Mills, 31. NYTIL, 32.Printpaks u ltd, 33.Agip U ltd, Fresh foods ltd, 34.African ceramics co ltd, 35.Foods and beverages ltd, 36.Uganda pharmaceuticals ltd, 37.Motor crafts u ltd, 38. Kibimba rice co ltd,
39. Uganda grain milling co ltd, 40.international Tv sales, 41.Uganda Electricity board, 42.Uganda railways,
43. New vision, 44.Apolo hotel, 45.National insurace corp. 46.coffee marketing board, 47. national Housing & construction, 48.produce marketing board, 49.Uganda commercial bank, 50. Dairy corporation, 51. Kinyara sugar works, 52.Transocean u ltd 53. Uganda printing & publishing corp, 54.Lango development corp, 55.Uganda spinning mills (lira)
56.Development finance co corporation of u LTD, 57. Agricultural enterprises ltd, 58.BAT u ltd, 59.Uganda clays, 60.AGIP U ltd, 61. chillington tool company u ltd, 62.Uganda bags & hessian mills,
63.Uganda metal products and enamelling co, associate paper industries ltd, 64. wolfram investment, 65.Papco industries, 66.Toro development corp, 67.Uganda Libya Arab holding, 68.cable corporation, 69.sugar corp, barclays bank,
70.Lint Marketing, 71. UTC, 72. Jonas Bro (Africa) ltd, 73 Gomba motors,
74.Soroti Agricultural impelemnts Manufacturing Co Ltd,
75. peoples transport co ltd, 76. Uganda general merchandise,
77. Gobbot u ltd, 78. R.O Hamilton ltd, 79.Agro-chemicals, etc

The list goes on and on.....

Someone needs to pay indeed.
JT

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