Investment Challenges faced by Ugandans in the diaspora

Food for thought… an African economic hurdle for the most part.

The Wire Perspective

There was a time when all that we heard about the Ugandan diaspora were tales of people going out of the country to destinations like the U.K, USA, Canada etc to do back breaking menial jobs regarded with disdain by the locals of the host countries. Over the decades however, the narrative has since changed. It is common lately to hear of Ugandans taking on high level jobs in globally renowned multinational organisations. As a result, the remittances by these Ugandans back home have grown in leaps and bounds to the extent of being recognised as one of the leading stream of money into the local economy.

Due to one reason or another, there is a desire by most of these diaspora dwellers to put up some form of investment back home. Probably they have plans to retire in Uganda when done with the globe trotting while others are simply…

View original post 1,377 more words

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s