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Tag Archives: investment

Time to repurpose local governments for fiscal resilience

Local governments shouldn’t be solely administrative but position their districts as strategic investment hubs COMMENT | WALTER AKENA | Local governments in Uganda have traditionally functioned as administrative entities, responsible for delivering public services to citizens within their jurisdictions. However, they have grappled with financial difficulties. Despite experiencing a minor rise …

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Inside Uganda’s industrial boom

Trade experts recognize progress made but express dissatisfaction with existing trade and investment policies Kampala, Uganda | ISAAC KHISA | In the late 1990s, the Ugandan government came up with the idea of establishing specialized zones dedicated to industries, commonly known as industrial and business parks, where local and foreign investors would …

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URSB targets 870, 500 businesses

Kampala, Uganda | THE INDEPENDENT | Uganda Registration Services Bureau, the national business registry, has this morning launched its mass business registration campaign aimed at promoting formalization among entrepreneurs and small business owners. In a news release shared today, the bureau said this initiative seeks to simplify the registration process, raise …

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Uganda-South Africa trade summit discusses value addition

Optimizing opportunities for trade in agriculture key to addressing balance of trade between Uganda and South Africa Kampala, Uganda | THE INDEPENDENT |  Day one of the Uganda-South Africa Trade and Investment Summit organized by the Government of Uganda, MTN Group, Absa Bank Uganda and various South African owned business entities …

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‘Inconsistency in policies will derail investment in e-mobility’

The new technology is meant to minimize pollution and conserve the environment Kampala, Uganda | THE INDEPENDENT | Uganda’s manufacturers are ready to invest in the emerging E-Mobility sub-sector but the government’s inconsistency in investment policies will derail progress, according to the Uganda Manufacturers Association Chairman, Deo Kayemba. Kayemba, who spoke …

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KCCA to host business and investment summit

Kampala, Uganda | THE INDEPENDENT | Kampala Capital City Authority-KCCA is set to host the first-ever Kampala Business and Investment Summit next month. The event is organized by KCCA and the African Center for Economic Dialogue- AfCED under the theme “Unlocking Financing and Investment for a Sustainable, Inclusive and Smart …

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Ethiopia expects increasing investment from China

Addis Ababa, Ethiopia | Xinhua | Ethiopia anticipates increasing foreign direct investment from China, Ethiopian officials have said. Lelise Neme, commissioner of the Ethiopian Investment Commission, told Xinhua that her office has witnessed increasing investment requests from Chinese investors. “My expectation of the Chinese investment in Ethiopia would double shortly. We …

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Wazalendo advised to invest in Service and Real Estate

Jinja, Uganda | THE INDEPENDENT | The commandant of UPDF’s land forces, Lt. Gen. Kayanja Muhanga, has challenged the leaders of Wazalendo Sacco, to invest more in the hospitality industry and real estate businesses, which will increase their profit returns. Wazalendo prides in a total membership of 91,000 people, comprising of …

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