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Tag Archives: investors

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 …

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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 …

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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 …

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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 …

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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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Investors to construct Iron Ore plant in Rubanda

Rubanda, Uganda | THE INDEPENDENT  | Investors have started plans to construct a multi-billion iron ore smelting plant in Rubanda District. The factory which was a 2016 presidential pledge has remained unfulfilled up to date. In 2019, the Devki Group of Companies from India led by its chairman Raval Guru …

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