Museveni seeks to inspire confidence in potential investors

Raw materials for the manufacturing sector at Roofings Ltd in Namanve, Uganda. The theme of the 2017/18 budget was industrialisation and job creation. PHOTO | FILE

Ugandan President Yoweri Museveni faces the uphill task of inspiring optimism in a struggling economy whose continuing deterioration is having a direct impact on his political fortunes.

The president has often flagged improved economic performance among his greatest achievements, but the reality on the ground is different.