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Tag Archives: Lawrence Byensi

Uganda Investment Authority says Uganda is already in recession

Kampala, Uganda | THE INDEPENDENT | The Uganda Investment Authority-UIA the body in charge of attracting investors in Uganda has said that the economy is already in recession due to the COVID-19 pandemic. UIA Acting Executive Director Lawrence Byensi says that they have received calls from investors telling them that they …

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UIA issues 286 investment licenses

Kampala, Uganda | THE INDEPENDENT | Uganda Investment Authority-UIA issued investment licenses to 286 companies in the last financial year, with a promise that they would invest at least US$ 1.3billiion (Shs 4.7tn) in the country. This was a slight improvement from the 247 companies that were offered permits in …

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