Uganda Investment Authority has noted an increase in the number of Ugandans investing in their own country. Giving a quarterly report on the licensed projects for the last 9 months, the authority’s investment director, Lawrence Byensi said out of the targeted 225 projects for this financial year, the authority has seen 193 projects registered which represents […]
Local investors in Uganda have been asked to embrace private equity financing and venture capital as alternative to stimulate the slowing Uganda’s economy. The advise come at the time when Uganda’s economy is struggling to recover from election fever. According to the executive director Uganda Investment Authority Dr Frank Ssebowa, many local investors are running to […]
The Minister of State for Investment, Aston Kajara has revealed that Uganda’s planned investments for the financial year ending June 30th 2011 increased by 1.7 billion US dollars. Kajara told journalists at the Media Centre in Kampala that in the previous 2009/10 financial year, the government licensed 340 projects worth 1.55 billion US dollars. The […]
The Uganda Investment Authority has released a 2010 annual investment report indicating a substantial improvement in investments in Uganda. The report shows that a total of 323 projects were licensed in 2010 of whom 143 are owned by Ugandans while 47 and 143 licenses were issued to Indian and Chinese investors respectively. The State Minister […]
The Parliamentary Committee on State Enterprises and Statutory Authorities has ordered for fresh procurement for the construction of the Namanve Industrial park. This follows discovery of irregularities in the procurement of a contractor by the Uganda Investment Authority who had awarded the multimillion dollar contract to Spencon and Sterling. The Committee members headed by chair, […]
The Bank of Uganda, Uganda Investment Authority and Uganda Bureau of Statistics are initiating the Private Sector Investment Survey 2010 that is set to begin on July 30. The aim of the survey is to collect data that will be used to compile Uganda’s foreign capital inflows and stock statistics. According to a media statement, the coordinators say they hope […]
The Uganda Investment Authority (UIA) Business Week for 2010 will take place between 5th to 7th August this 2010. The UIA investment week aims at showing investors the investment opportunities available in the country. The Coordinator of the UIA Business Week Mustapha Lubega, revealed in a press statement seen by Ultimate Media that there is […]
Between 7th June to 30th July 2010 all roads will be leading to Uganda’s biggest and oldest University of Makerere for the ‘Micro-finance and Entrepreneurship Project-AIESEC Uganda’ conference. According to a statement from the University the conference will enhance the ability of students to explore their innovativeness in the fields of microfinance and entrepreneurship. The […]