Kampala, Uganda | THE INDEPENDENT | State Minister for Investment Evelyn Anite has tasked the new Uganda Investment Authority (UIA) board to attract quality investors. The new Board was inaugurated this morning at UIA headquarters, Kampala. The new Board brings back Dr Emely Kugonza as the Board Chairman. Other members …
Read More »Gov’t halts Israeli firm medical cannabis license
Kampala, Uganda | THE INDEPENDENT | Government has suspended the license issued to Israel Firm,Together Pharma to grow medical marijuana in Uganda. The State Minister of Finance and Investment, Evelyn Anite announced the decision this morning, saying the Health Minister has been tasked to research on the matter and report …
Read More »Egyptian investors to set up home appliance assembly plant
Kampala, Uganda | THE INDEPENDENT | A team of Egyptian investors plan to set up a home appliances assembly plant in Uganda. The plant will be used to assemble parts of fridges, gas cookers and washing machines. The plan was disclosed by Egypt’s First Assistant to the Minister of …
Read More »UIA’s revolving door
Investment agency is hunting for a new ED as it waits for IGG report on restructuring Kampala, Uganda | IAN KATUSIIME | After making a detailed presentation about investment licensing at a breakfast meeting, Basil Ajer, the Acting Executive Director of Uganda Investment Authority (UIA), held his breath and said he …
Read More »Insurance association eyes marine deals for local companies
Kampala, Uganda | JULIUS BUSINGE | The Uganda Insurance Association (UIA) is sensitising importers of goods about marine insurance in a bid to complement efforts by the regulator –Insurance Regulatory Authority – in creating awareness and appreciation of the local purchase of this policy. This move is targeting different groups including; …
Read More »Debate on Investment Code Bill stayed
Kampala, Uganda | PARLIAMENT UG | Parliament has deferred the debate on the Investment Code Bill to allow the Ministry of Finance and legislators to harmonise positions on controversial clauses in the proposed law. The Bill, first presented to Parliament in May 2017 seeks to revise, modernize and replace …
Read More »UIA’s restructuring takes shape
Investment body to nearly double its staff to promote investment, create jobs Kampala, Uganda | IAN KATUSIIME | Jolly Kaguhangire, the executive director of Uganda Investment Authority (UIA) is marking her first anniversary on the new job with restructuring at the investment agency aimed at marketing Uganda as a profitable …
Read More »UIA in new motor insurance campaign
Kampala, Uganda | THE INDEPENDENT | The umbrella organization of insurers, the Uganda Insurance Association, has intensified a motor insurance awareness drive as part of its countrywide insurance literacy campaign. Miriam Magala, the chief executive officer of UIA said on Nov 29 that as part of the campaign, the association has …
Read More »Uganda backslides in Doing Business ranking
Hike in trade licence fees and tedious property transfer blamed Kampala, Uganda | ISAAC KHISA | Uganda has slid back in the World Bank’s Ease of Doing Business ranking dropping seven places to 122 out of 190 economies. It is the sixth time in seven years that the East African nation …
Read More »THIS WEEK: Museveni expresses concern over the mushrooming authorities
THIS WEEK: Museveni expresses concern over the mushrooming authorities, agencies A letter addressed by president Museveni to the National Planning Authority, Ministers of Finance, Public Service and Presidency made rounds on social media throughout the week. Dated July 17, Museveni was complaining about the many unusable offices and asked these …
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