Njeru – State Minister for Privatization and Investment, Evelyn Anite has assured investors of reliable electricity supply in Njeru Municipality and plentiful government support.
During a guided tour of Yogi Steels Ltd, a steel products manufacturer and Gold star Battery (U )Ltd the producer of batteries in Njeru Municipality on Monday, Anite expressed pleasure with the group of companies stressing that the government will do all it can to support its growth.
“This development is because of the visionary leadership by President Yoweri Museveni. The issues of security are no more and your concern about electricity will be handled,’ Anite said.
The Minister said these set-ups are a result of deliberate measures taken to make Uganda a desirable investment destination due to the Peace and stability created by the Government.
While touring the Yogi Steels which deals in steel production and Gold star batteries factories, Anite was pleased to find over Ugandans majority workers in various departments.
‘’ I have seen many of our children employed in these factories to many points of production and other departments. These are earning money and also getting skills. Governments also get taxes, there is job creation which improves our people’s incomes and their purchasing power’’, said Anite.
The company officials led by Mr.Sanjay and Liz Mbieza, the Human Resource Manager hailed President Museveni for leading the country well during the pandemic and for offering guidance to institutions during the outbreak of the COVID-19 Pandemic.
The company which donated over Shs 250M to help the government fight COVID-19 ,has in recent years since its establishment engaged in social corporate responsibility including funding educational programs ,monthly medical camps among other community related charities.
Established in 2012, Yogi Steels has grown into one of the finest and most reliable steel manufacturing companies in Uganda and East Africa, with an annual steel production capacity of over 51,000 metric tonnes per annum (mtpa).
With its products including ;TMT Steels Bars, Round Bar, T Bar, Angles ,Nails, Steel Flat Bar, Binding Wires, Z Angles among others recognized as one of East Africa’s most geographically-diversified steel products supplied in all Kenya, Rwanda, DRC Congo, Burundi, Southern Sudan and Uganda, the group of c has developed into a conglomerate of companies.