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COL. NAKALEMA ENGAGES WITH MTN UGANDA TO FOSTER INVESTOR EMPOWERMENT

Col. Nakalema with Mbire

On October 2, 2024, Col. Edith Nakalema, head of SHIPU held a productive meeting with Mr. Charles Mbire, Chairman of MTN Uganda, the country's largest taxpayer. The interaction focused on enhancing collaboration between SHIPU and MTN Uganda to promote investment and economic growth.

During the meeting, Col. Nakalema expressed her gratitude for MTN Uganda’s significant contributions to the economy and underscored the importance of close cooperation with major private sector players. She emphasized that collaboration is key to ensuring Uganda remains an attractive destination for investors. “Collaboration with the private sector is crucial in empowering investors and enhancing our economic landscape,” Col. Nakalema stated.

MTN Uganda, a leading telecommunications provider, plays a pivotal role in not only supporting Uganda’s digital infrastructure but also contributing significantly to the country’s tax revenues. By engaging directly with the leadership of Uganda’s largest taxpayer, SHIPU seeks to foster stronger relationships that promote transparency and create an investor-friendly environment.

The discussions between Col. Nakalema and Mr. Mbire highlighted areas where public-private partnerships can be further strengthened, particularly in supporting investors, protecting investment interests, and encouraging economic resilience.

As the head of SHIPU, Col. Nakalema reiterated her office’s commitment to protecting the rights of investors and ensuring that businesses like MTN Uganda can thrive in a stable and transparent regulatory environment. By maintaining an open dialogue with major investors, SHIPU aims to streamline the process for foreign and domestic investment, driving economic growth for the benefit of all Ugandans.

SHIPU remains dedicated to empowering investors and promoting partnerships that support Uganda’s economic development. The interaction between Col. Nakalema and Mr. Mbire is a testament to SHIPU’s commitment to collaboration with the private sector in creating a robust investment environment that benefits the nation as a whole.