Tag Archives: investors

Investors revolt over NEMA’s costly new audit policy as frustration mounts over delays, dictatorial management

Investors revolt over NEMAs costly new audit policy as frustration

× Investors are increasingly up in arms over a controversial new policy introduced by the National Environment Management Authority (NEMA), which now requires an annual environmental audit for every approved project or risk penalty of up to shillings 10 million. The policy has triggered outrage within the business community, with investors describing it as punitive, expensive, and detached from the …

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SABOTAGE? Probe Exposes Sloppiness at UIA as Delays, System Breakdowns Choke Investors

UIA DG Mukiza

What was designed to attract investors, create jobs and stimulate industrial growth is now under the spotlight for all the wrong reasons. The Auditor General’s December 2025 report on Licensing and Investor Support Services at the Uganda Investment Authority (UIA) has laid bare serious operational weaknesses that are delaying — and in some cases sabotaging — investments meant to power …

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RACE FOR STATE HOUSE! In KOTIDO/MOROTO, M7 says peace has attracted investors to Karamoja

IMG-20251027-WA0203

MOROTO/KOTIDO – President Yoweri Museveni has said that peace and stability brought by the National Resistance Movement (NRM) government have transformed Karamoja, attracting both local and foreign investors to the region. Speaking at a rally in Moroto on Monday, where he was accompanied by the First Lady and Minister of Education and Sports, Maama Janet Museveni, the President said the …

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