Every year on 9th October, Uganda celebrates her Independence Day. It’s a day the ‘Union Jack’ was lowered and the Ugandan flag hoisted up as a sign of transfer of administerial roles from the British to the Ugandan Government.
On October 9th 1962, Uganda achieved her independence with the then prime minister Sir Apollo Milton Obote handed the administration wing by the British who had earlier colonized the country thus disclaiming further administration of Uganda as a British protectorate.
While celebrating this year’s Independence Day, at an event attended by high ranking government officials and religious leaders held indoors at State house Entebbe, the celebration ran under the theme; Celebrating Uganda’s steady progress towards economic take off and self-sustaining economic growth.
In his Independence speech, President Yoweri Museveni assured the country that there will be no other chances of experiencing another chaotic country given the peace inherited in 1986.
The president also said that the economy has withstood the Covid-19 pandemic scenario though it has disrupted business all around the country.
“This resilience of our economy is by no means accidental. It has been a deliverance of focused effort by the NRM government to build an independent and integrated and self-sustained national economy that is able to feed its people.”
“We are also thinking of setting up an agricultural Bank because the commercial banks are really commercial banks as their name suggest,” the president added.
The president also made a directive halting importation and assembling of buses in the country and directed all stakeholders to rather embark on fabrication of the buses. Uganda has previously been importing and assembling its buses in Kenya.
According to government reports, as of the last financial year, 168 manufacturing industries and factories were built and are running. What remains to be addressed now is the high cost of investment capital and electricity cost which is under study.
While giving a verdict of what significance the Independence Day has to them, Ugandans down town Kampala said it is through peace that has led them to yet another Independence Day celebration claiming that people can even sleep over at their work places say markets and no one would bother attacking them or even stealing their earnings.
However, other citizens called upon government to reduced taxes imposed on them which has made business hard and un predictable.
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