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Tag Archives: UIA

UIA forms team to monitor COVID-19 SOPs in industrial parks

Kampala, Uganda | THE INDEPENDENT | The Uganda Investment Authority has formed a special task force to monitor COVID-19 standard operating procedures within factories at Namanve and Mbalala industrial park. The task force will be operating under the Mukono district task force to ensure implementation of  spacing guidelines within working areas, …

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Over 1000 residents face eviction in Masindi

Masindi, Uganda | THE INDEPENDENT | More than 1000 people from Kirayana village in Kimengo sub county in Masindi district are facing eviction from their homes. On Thursday, officials from Mena Food Company Limited stormed the area under the protection of Uganda People’s Defense Forces-UPDF soldiers and started fencing off …

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Lands Ministry intervenes in Masindi land wrangle

Masindi, Uganda | THE INDEPENDENT | The Ministry of Lands has intervened in a wrangle between Uganda Investment Authority-UIA and over 2,000 residents over a contested piece of land in Masindi district. The land measuring approximately 60 square miles is situated in Kimengo sub-county Masindi district. More than 2,000 people …

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Uganda Investment Authority predicts drastic decline in investments

Kampala, Uganda | THE INDEPENDENT | The Uganda Investment Authority (UIA) predicts a significant decline in both Foreign Direct Investment (FDI) and domestic direct investment (DDI), particularly in tourism, transport and construction sectors due to the economic crisis induced by the COVID-19 pandemic and shutdown. The value of planned FDI …

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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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2000 Masindi residents face forceful eviction from UIA land

Kampala, Uganda | THE INDEPENDENT | More than 2000 people from Kimengo sub county in Masindi district are facing eviction from land belonging to Uganda Investment Authority-UIA. The affected are residents of Bungucoda, Nyakarongo, Kiryana, Ijwamba and Kokoitwa villages. A team of police officers backed by Uganda Peoples Defense Force-UPDF soldiers …

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Insurance premiums to increase as players cater for fraud

      Kampala, Uganda | THE INDEPENDENT  | Ugandans and companies buying insurance policies will likely pay higher premiums after insurance companies discovered widespread fraud by hospitals and some customers in the medical insurance side. The increased premium cost is a direct impact of fraud in insurance with insurers …

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Insurance premiums to increase as players cater for fraud

Kampala, Uganda | THE INDEPENDENT  |  Ugandans and companies buying insurance policies will likely pay higher premiums after insurance companies discovered widespread fraud by hospitals and some customers in the medical insurance side. The increased premium cost is a direct impact of fraud in insurance with insurers moving to cover that …

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Hospitals face termination by insurance companies over fraud

Kampala, Uganda | THE INDEPENDENT | Several hospitals face termination from serving clients who have health insurance policies after insurance companies accused them of fraud. This comes after The Uganda Insurers Association (UIA)-commissioned a fraud survey in 2018/19 financial year that found wide-spread cheating with hospitals putting in fictitious claims. …

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