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Tag Archives: UIA

UIA to support Prof Ogwang in Covidex promotion

Kampala, Uganda | THE INDEPENDENT | The Uganda Investment Authority, UIA, has intervened to promote the herbal treatment solution Covidex, an innovation by Mbarara University of Science and Technology Professor, Patrick Engeu Ogwang. Ogwang caught the eye of the public, the government and the international community last month following testimonies about …

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UIA to help private tertiary institutes embrace science and technology

Tertiary institutes should venture in innovative technology and skilling of human capital in existing investment opportunities for a sustainable future Kampala, Uganda | THE INDEPENDENT | Uganda Investment Authority is urging private education institutes to embrace science, technology and innovations for an upgraded investment in the education sector. This comes barely a …

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Rwakakamba confirmed new UIA board chairman

Kampala, Uganda | THE INDEPENDENT |  The Chief Executive Officer at Agency for Transformation (AfT), Morrison Rwakakamba has been appointed as the new board chairman of the Uganda Investment Authority (UIA). Rwakakamba who has also been a board member of UIA will start his term of office on June 1, 2021 …

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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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