President Museveni Returns the National Local Content Bill To Parliament

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President Yoweri Museveni has sent back the National Local Content Bill, 2022 to Parliament for the second time. He has requested the House to reconsider his previous recommendations, which he believes have not been adequately addressed.

The Deputy Speaker, Thomas Tayebwa, disclosed this information while presiding over the House session on Tuesday.

In a letter dated August 1st, 2023, the President has outlined specific sections that require further review by the House before the Bill can be enacted into law.

One of the modifications suggested by Museveni is related to clause 1(g). He recommends amending this clause to grant the Minister of Trade, Industry, and Cooperatives the authority to negotiate the local content within agreements to the maximum extent feasible.

Currently, clause 1(g) states that “a local content act shall apply to a local content entity whose activities are financed through public borrowing or such arrangements.”

President Museveni’s request underscores his desire for more focused negotiations in the realm of local content, particularly in agreements financed through public borrowing or similar arrangements.

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