The new Uganda Investment Authority Executive Director, Dr. Frank Sebowa has warned investors against violation of investment guidelines that prohibit encroachment on wetlands.
Concerns have been raised over environmental degradation especially on wetlands by investors accredited by the Investment Authority.
Addressing his first news conference as Dr. Sebbowa has explained that the land is legally allocated to the investors but surprisingly some tend to expand into wetlands violating guidelines.
Sebowa says that this is one of the issues that he hopes to tackle immediately as he settles in his new office.
Sr. Sebowa’s appointment brings to an end a 15 month search for the agency’s new executive director.
He replaces Dr. Maggie Kigozi who left in June last year.
