“Our leaders made a mistake with the private sector, they confiscated private property in the name of nationalization. This is one of the main reasons why Africa lagged behind. You can imagine that here in Uganda we had our Indians who had come from India and became Ugandans, and they were very active in business but one of our leaders Idi Amin chased them and stole their property. Why was he chasing these people, yet they were working for the country? But when we came, we brought them back,” he added. President Museveni also cautioned Ugandans especially policy makers against frustrating and wasting time of investors, explaining that they are very vital in building the economy of the country.