US advises citizens not to invest in Uganda; Zimbabwe warn foreigners from its reserved sectors
LGBT refugees pose in a protected section of Kakuma refugee camp in northwest Kenya. They fled Uganda following the passing of the anti-gay law.The US says the investment climate and human rights record in Uganda are not good for business. freedoms of expression and peaceful assembly and exacerbated issues regarding respect for leases and employment contracts. industry and commerce has warned foreigners against operating in reserved sectors of the economy.
Those included both financial and reputation risks thanks to endemic corruption, the US said. But those are against a backdrop of violence against human rights advocates, members of the media, health professionals, people from minority groups, LGBTQI+ people, and political opponents. "Retail is a reserved sector for Zimbabweans, but we are not closing foreigners out. If you are a foreigner, there's a certain threshold by which you are allowed to trade; if you are below that threshold, you are breaking the laws of Zimbabwe," she told journalists after touring tuckshops in the capital city of Harare.
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