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Investments drop by 19%

Published on March 23, 2016

A total of 372 investment projects were licensed over the last financial year (2014/15) according to preliminary information from the Uganda Investment Authority (UIA). The 372 represented a 19% decline from the 461 projects licensed in 2013/14. 

UIA will unveil its investment report for the full year later this week. But the speculation of post-election political violence around the country could have played a key role in dissuading new investors to return to the country as past elections have indicated. Read more. Source | New Vision