Col. Edith Nakalema tips youth on investment, woos more into agri-business
The Head of the State House Investors Protection Unit (SHIPU), Col. Edith Nakalema, has lauded Youth Platform Africa (YPA) for directly investing in agriculture.
The Head of the State House Investors Protection Unit (SHIPU), Col. Edith Nakalema, has lauded Youth Platform Africa (YPA) for directly investing in agriculture.
Entebbe Airport serves as Uganda's primary gateway for foreign investors, attracting a multitude of business ventures and opportunities. However, the airport's pivotal role also makes it a target for fraudulent activities, posing a significant threat to investor trust and confidence. Recognizing this challenge, the State House Investors Protection Unit, under the leadership of Colonel Edith Nakalema, initiated proactive measures to address the root causes of such incidents.
The Head of the State House Investors Protection Unit (SHIPU) Col. Edith Nakalema has vowed to wipe out the rot and illegalities infested within Uganda's investment climate to create a conducive environment that allows investors to thrive.
This was pledged during her meeting convened to receive and address major cries of investors within the Kampala Capital Traders Association (KACITA) held at the SHIPU office in Kampala.
"We have to assure you that our mandate is to create a conducive climate for you, starting with you domestic investors" Col. Nakalema assured investors.
State House Investors Protection Unit initiated an interaction with Government lending institutions to devise strategies to extend affordable financing to Micro, Small, and Medium Enterprises in Uganda.
The key resolutions of this meeting were to build a business readiness center to help our local investors acquire knowledge and to ensure their business do not die before they get off the ground. Sensitization of complex financial regulation, the need to come up with innovative solutions to the financial, and economic demands of MSMEs, and the capacity of banks to intervene.
State House Investors Protection Unit, while following the guidance of H.E president Yoweri Kaguta Museveni. Together with Ministry of Finance, Planning, and Economic development (MoFPED), Uganda Revenue Authority (URA), Bank of Uganda (BOU), National Planning Authority (NPA), Uganda Registration Service Bureau (URSB), Uganda Bureau of Statistics (UBOS), Uganda Investment Authority (UIA), had a cordial discussion with several leaders of MSMEs associations.
Does the Unit protect local Investors?
Yes, the Unit values and protects all real and potential investors.