Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni has implored investors to take advantage of Uganda’s economic potential and boost its exports. During a meeting at State Lodge, Nakasero, the President said he was very happy with the meeting. “You are most welcome here in Uganda. This is …
Read More »Smaller African economies are getting more investor attention
Despite their lower populations and economic sizes, investors are increasingly attracted to the stability and well-regulated environments of a number of Africa’s “smaller” markets like Rwanda. SPECIAL REPORT | BIRD AGENCY | Small African economies are punching above their weight to emerge as the most attractive to investors, bolstered by …
Read More »REPORT: Investors express optimism about Uganda’s business environment
KAMPALA, Uganda | Xinhua | Investors in Uganda have expressed optimism about the business environment, especially in the manufacturing and wholesale trade sectors in the East African country, according to a government report released on Tuesday. The optimism is shown by the Business Tendency Index, which remained above the 50-mark …
Read More »Over 270 investor cases reported on State House portal
Kampala, Uganda | THE INDEPENDENT | Over 271 cases of investor fraud have been recorded by the State House Investors’ Protection Unit (SHIPU) online portal since its launch five months ago. Edith Nakalema, the State House Investors’ Protection Unit commander who was speaking about the one year since SHIPU was established, …
Read More »Kenya rolls out tax incentives for key foreign investors
NAIROBI, KENYA | Xinhua | Kenya said Wednesday it has commenced rolling out tax incentives for foreign investors who set up establishments worth more than 10 billion shillings (about 65.5 million U.S. dollars). Abubakar Hassan, the principal secretary in the Ministry of Investments, Trade and Industry, told a trade forum …
Read More »State House Protection Unit asked to be tough on investors, officials
Kampala, Uganda | THE INDEPENDENT | The State House Investors Protection Unit (SHIPU) has been asked to rein in investors and government officials who break laws and investment procedures. This was during a meeting between the Head of the State House Investors Protection Unit, Col. Edith Nakalema, and communication officers …
Read More »Museveni launches digital portal to protect investors
Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni launched the Electronic Investors Protection Portal (EIPP), a digital platform designed to safeguard investment processes in Uganda. The portal which is an initiative of the State House Investors Protection Unit headed by Col. Edith Nakalema will among others; offer guidance to …
Read More »CMA empowers investors during 7th World Investor Week
Investors need to undertake research, invest with licensed and regulated firms and regularly monitor their investments Kampala, Uganda | JULIUS BUSINGE | Uganda’s Capital Markets Authority (CMA) seized the opportunity presented by the 7th World Investor Week, running from October 2 to 8, to educate investors on prudent investment management and …
Read More »Museveni warns against frustrating investors
Tororo, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni has appealed to politicians and public servants not to frustrate investors since they are very crucial in Uganda’s progressive industrialization agenda. Museveni made the appeal on Thursday while commissioning the new Tororo Cement vertical rolling mill plant in Tororo District. He …
Read More »Airtel Uganda to offer 20% stake through IPO
The company will give more preference to Ugandan investors Kampala, Uganda | PATRICIA AKANKWATSA | Airtel Uganda plans to float a 20% stake in the company, equivalent to 8 billion ordinary shares, via an initial public offer (IPO) to be listed on the Uganda Securities Exchange (USE). The operator said that …
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