Africa on Recovery Path, But Growth Unsustainable – World Bank
African economies are projected to grow by 3.4 percent this year, according to the World Bank report, which rues the inability of these growth rates to eradicate poverty. The growth is deemed impressive, considering that last year, the economies grew at just 2.2 percent, however, this rate rate is still lower than decade prior to…
Local Investors Call for Level Playing Field, End to Impunity in Business
Local Ugandan Investors, represented by the Uganda National Chamber of Commerce and Industry (UNCCI), are urging the government to treat them on par with their foreign counterparts and to curb the detrimental behaviors exhibited by politically affiliated business entities aligned with the ruling elite. These sentiments were expressed during a meeting between UNCCI members and…
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State House Investors Protection Unit Convenes Stakeholders to Discuss Investment Licensing Requirements
The State House Investors Protection Unit (SHIPU) recently hosted a stakeholders’ consultation meeting to address the minimum capital requirements for investment licensing in Uganda. At the gathering held today at the State House Investors Protection Unit Offices in Kampala, Col. Edith Nakalema, the unit head, highlighted the necessity for a clear investment policy, acknowledging concerns…
State House Investors Protection Unit and Uganda National Chamber of Commerce Discuss Potential Partnerships
Officials from the State House Investors Protection Unit (SHIPU) and the Uganda National Chamber of Commerce and Industry (UNCCI) convened today to explore avenues for collaboration aimed at bolstering investments in Uganda. At the meeting held at the State House Investors Protection Unit Offices in Kampala, Col. Edith Nakalema, head of the unit, commended UNCCI…
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PSFU, Mastercard Foundation Move to Revolutionize Business Development Services for MSMEs
The Private Sector Foundation Uganda (PSFU), in collaboration with the Mastercard Foundation and the African Management Institute (AMI), recently convened a thought Leadership Event aimed at redefining Business Development Services (BDS) in Uganda. This meeting brought together key stakeholders from Uganda’s BDS ecosystem, emphasizing the critical role of BDS providers in addressing challenges faced by…
Uganda Plans to Establish Cross-Border African Investment Bank And Indigenous Patient Capital
The State House Investors Protection Unit and the National Planning Authority (NPA) convened today to discuss the creation of an Indigenous Patient Capital and Cross-border African Investment Bank. The meeting, hosted at the State House Investors Protection Unit Offices in Kampala, follows the President’s directive to explore collaboration between NPA, the private sector (TRAVACO), and…
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