The people of Kasese have been urged to form joint ventures with potential investors so as to harness and gainfully benefit from the natural resources in their district.
Speaking during the week-long basic entrepreneurship start-up tools training in Kasese recently, Enterprise Uganda executive director Charles Ocici said joint ventures will enable those without capital to co-own enterprises with other investors.
“You may not have money but have the wisdom and knowledge to get things done. Take the MTN case, it came to invest 100 per cent on its own in Uganda but Charles Mbiire, who did not have the millions MTN was coming to invest, decided to help them do the footwork and networks that eased the process for them. For his contribution and guidance, he was given five per cent stake in the new company,” he said.
He expressed concern that despite being one of the most endowed districts in Uganda with enormous potential in the tourism and agriculture, the locals are yet to benefit.
The training was organised by Enterprise Uganda in partnership with Kasese Women MP Winnie Kiiza.
Kiiza urged the people of Kasese to tap into the ongoing development trends in the districts to improve their livelihoods. She also called for continuous training to foster mindset change and support entrepreneurship development.
Rev Ezra Mukonzo Yongeza, the district chairperson Inter-religious Committee, said this kind of empowerment, urging religious leaders to also venture into business to make extra income.
“On top of preaching God’s word, integrate enterprise development. No poor man will inherit the kingdom of God; besides, no follower will come to you when you are poor. You need to preach the gospel when you have money in the wallet and are able to take your children to school,” he said.