Uganda Investment Authority (UIA) has held a preliminary stakeholder engagement on the development of infrastructure within the Kampala Industrial and Business Park popularly known as Namanve Industrial Park. This comes after the agency launched a three-phase Infrastructure Development Project in January 2020, which will run for 42 months with the first stage set up to involve design studies, the second construction and the third is the warranty period. The project will focus on developing and improving critical infrastructure in the Park, providing access to all critical infrastructure for all park users and providing affordable working spaces for Small and Medium…
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Although they are yet to receive a copy of the detailed judgement in which Diamond Trust Bank Uganda, alongside Diamond Trust Kenya, were ordered to pay business man Ham Kiggundu UGX120 billion and an additional interest of UGX9.6 billion, the Uganda Bankers’ Association has released a statement saying they intend to join DTB as an interested party in its appeal at the High Court to determine the case on its merits. The Association is also concerned about the impact of the ruling on the entire banking industry saying that it has sent shockwaves across the industry and stakeholders. The statement…
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By Santi Jiménez Uganda is usually marketed by Uganda Tourism (UTB) through its website and at some international exhibitions according to its budget. UTB primarily markets tourism activities especially wildlife and cultural trips, but excludes other business opportunities like coffee, tea, agricultural products, mining, construction and others. The latter business opportunities are only left to specialized public and private bodies who market them in an independent manner, but even these are greatly financially constrained. Therefore, the tourism marketing norm in Uganda is a single focus on wildlife and marketing is done independently by each sector. Uganda, like any country, must…
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