The Uganda Investment Authority (UIA) has set up a one-stop center to quicken the time for investors and businessmen to register businesses.
Evelyn Anite, the State Minister of Finance for Investment and Privatization, made the revelation while addressing the press on Thursday, November 23, 2023, at the Uganda Media Centre.
Anite said that the one-stop center will have agencies like Kampala City Council (KCCA), Uganda Registration Services Bureau (URSB), Uganda Revenue Authority (URA), Capital Markets Authority (CMA), National Water and Sewage Corporation (NWSC), and other banks on one floor.
Anite also revealed that UIA, in collaboration with State House Uganda and the Ministry of Finance, Planning, and Economic Development, is organizing a Presidential Investors’ Conference targeting four sectors of the economy, which she identified as commercial agriculture, manufacturing, services, and ICT.
“The conference is scheduled for November 29, 2023, at Kololo Ceremonial Grounds, and the Chief Guest will be His Excellency, the President of the Republic of Uganda, Yoweri Kaguta Museveni,” she said.
“At the conference, President Museveni will interface face-to-face with investors in Uganda on various investment and business matters, hear their issues, and address bottlenecks to investment and doing business in Uganda,” she added.
Anite emphasized that all investors will be allowed to ask questions in regards to the challenges they are facing, which will be answered in front of President Museveni in order to find solutions.
“For example, those whose companies were closed will ask why and how they can re-register them,” she explained.
The presidential investor conference will help facilitate investment in Uganda, and the authority will work with private sector players to engage and help all investors overcome the challenges of post-COVID-19 financial distress and recover from recession.
