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 …
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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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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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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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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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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 …
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Kampala, Uganda | THE INDEPENDENT | Uganda Investment Authority – UIA is in possession of an illegal land title for more than 867 hectares of land reserved for the development of Karamoja Industrial Park, according to the Commission of Inquiry into land matters. The commission declared the land title …
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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 …
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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 …
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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 …
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