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 …
Read More »UIA to assess impact of COVID-19 on businesses for economic interventions
Kampala, Uganda | THE INDEPENDENT | The Uganda Investment Authority (UIA) is assessing the impact of the coronavirus (COVID-19) on businesses. The assessment is aimed at justifying required economic interventions due to the virus. Lawrence Byensi, the UIA Director General says the assessment will be used to support policy advocacy …
Read More »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 …
Read More »