Ngororero: Privatization to foster district development

The district council in Ngororero is embarking on privatization program; a step that officials claim it will boost district development.

District authorities say privatization is expected to increase business profits in the area despite few investors and limited business activities.

Local leaders argue that the district failure to manage business is due to other development activities among which is to help business community achieve their goals

m_Privatization to foster district development

Guest House in Ngororero district, one of resources up for privatization

Ngororero district has already privatized 50 percent of its shares Guest House in Ngororero town, a cassava and maize milling factory in Muhororo sector.

m_Privatization to foster district development1

Muhororo factory is another commercial resource for privatization

Emmanuel Bigenimana, president of Ngororero district council highlights that selling districts shares to investors will improve service delivery.

 He added that privatization will help the district council to monitor business activities opportunities for investors and their progress other than being involved in the operation.

Tags:

 

About the author

Olive Ndaka is the Junior Editor for RwandaEye. An investor and young entrepreneur, she is a quick learner and has contributed many articles for RwandaEye in Kinyarwanda.

More posts by | Visit the site of Ndaka

 

0 Comments

You can be the first one to leave a comment.

Leave a Comment