President Museveni has said that Ugandans and Africans, in particular, are lazy when it comes to working, and will not care until their time of death.
Museveni was speaking while witnessing the signing of an agreement of hosting and a memorandum of understanding between African Import-Export Bank (Afrexim) and the government of Uganda.
According to the agreement, Afrexim bank will have its East African regional office located in Nakasero Kampala, on lad provided by the government.
Museveni said he was impressed by the bank choosing Uganda as a location and hopped the opening of the regional office would serve as a sign for the rest of the world that Uganda is open for international business.
He said that through its provision of trade finance and promotion of value addition to Africa’s commodities and products, Afreximbank was helping to address some of the major deficits confronting Africa, which he said was under consuming and underproducing.
“If you don’t trade, you cannot grow,” he told the audience, highlighting that without trade, the economy would collapse as there would be no jobs and social problems would ensue.
Most importantly, Museveni thanked the bank for helping finance the super-specialized hospital in Lubowa, which he claimed will reduce the cost of medical tourism for Uganda.
“I think we have been spending about Shs400m per year on medical tourism. These Ugandans fall sick and they go to India for repair. They want to go with their relatives to be by the bedsides. I thank the bank for financing us to build the hospital. Now Ugandans can be treated here and if they die they will die here,” Museveni said.
“Africans and Ugandans don’t want to work, but they are very particular about how they want to die. They don’t care about anything else but dying, thy must die properly,’ Museveni added.
Afreximbank today concluded the formalities for the take-off of its East Africa Branch Office as it signed the two principal documents with the Government of Uganda at a ceremony witnessed by Museveni and former Nigerian President Olusegun Obasanjo.
Afreximbank President Prof. Benedict Oramah and Philemon Mateke, the Minister of State for Foreign Affairs of Uganda in charge of regional affairs, signed the Branch Office Agreement while Prof. Oramah and Matia Kasaija, Minister of Finance, Planning and Economic Development of Uganda, signed the Memorandum of Understanding Concerning the Temporary and Permanent Premises of the East Africa Branch Office in Kampala, at the Ugandan State House in Kampala.