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Tag Archives: investors

Gov’t proposes more tax breaks for investors in Industrial parks

Kampala, Uganda | THE INDEPENDENT | Starting July this year investors that set up facilities in Uganda’s industrial parks or free zones will enjoy enormous tax exemptions in move to encourage industrialization. This is according to details contained in the tax amendment bill 2019. Also, investors using agriculture raw materials and …

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Investors lose land in industrial parks

Limited access to water, electricity and roads remains a big headache in these areas Kampala, Uganda | ISAAC KHISA | Uganda Investment Authority (UIA) has withdrawn land allocated to 164 firms in the industrial and business parks over the last five years due to non-compliance to the set terms. The Authority’s …

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UK investors irked by bureaucracy in Uganda

Kampala, Uganda | GODFREY SSALI | Investors from the United Kingdom face frustration due to bureaucracy and corruption as they seek to start up business in Uganda. This was revealed by Lord Dolar Popat from the House of Lords while hosting the Speaker of Parliament Rebecca Kadaga to a dinner in …

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Museveni confident Africa is ready to push global economy

  Museveni: Africa is the next big centre for economic growth. Africa needs value addition to agriculture, minerals, human resource President Museveni has told the Global African Investment Summit that he is confident that the continent is the next pusher for the global economy. He said bottlenecks that exist are being handled to ensure a better environment …

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