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I’m not changing my economic outlook because of the election. We don’t yet know what new legislation will pass or what the president may veto, but the current policy environment remains in place. The AI trade got very concentrated, so a correction was possible. Let the market settle and watch the earnings.
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Forty years is more than enough time to solve a problem as fundamental as electricity. It is embarrassing that Uganda still struggles with unreliable power. Businesses lose money, factories slow down, investors lose confidence, jobs disappear, and the cost of doing business keeps rising. Electricity is not a luxury; it is the backbone of economic growth. We cannot claim to be developing while struggling with the basics.
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