The complaints against presumed Chinese and Indian traders engaged in petty trade are not new. On April 20, the traders carried placards around the market demanding that Chinese and Indian nationals leave the market for ordinary Ugandans. Yesterday, the situation around Nakasero market remained tense with police deployed to avoid any destruction of property by the frustrated traders. Attempts to speak to Chinese traders to share their experience proved futile yesterday as many declined to speak to the press. WHO IS AN INVESTORInformation from the Uganda Investment Authority indicates that for one to be considered a foreign investor, he or she requires a minimum investment of $100,000 (nearly Shs 360m).
Source: The North Africa Journal April 21, 2017 09:56 UTC