On a visit to the Private Sector Foundation Uganda (PSFU), Col. Edith Nakalema, head of SHIPU, was warmly welcomed by the foundation's top management, led by CEO Mr. Stephen Asiimwe. The meeting was an opportunity for SHIPU to recognize and celebrate the significant milestones achieved by PSFU in various areas crucial to Uganda's socio-economic development.

Col. Nakalema commended PSFU for their outstanding efforts in global market penetration, which has opened new opportunities for Ugandan businesses and strengthened the country's presence on the international stage. This achievement not only boosts Uganda's economy but also enhances the global competitiveness of its products and services.

In her address, Col. Nakalema highlighted PSFU's role in job creation, particularly for the youth and women. By providing employment opportunities, PSFU has made a substantial contribution to reducing unemployment and empowering young people and women, thus fostering a more inclusive economy. The focus on these demographics is crucial for sustainable development and social stability, and PSFU's initiatives have set a commendable example.

Furthermore, SHIPU recognized PSFU's innovative financial inclusion initiatives that have positively impacted countless Ugandan lives. By promoting access to financial services, PSFU has enabled many individuals and businesses to participate in the formal economy, leading to increased financial stability and economic growth.

Col. Nakalema emphasized the importance of collaboration between SHIPU and PSFU to further these achievements and explore new avenues for growth and development. She reiterated SHIPU's commitment to supporting PSFU's initiatives and ensuring a conducive environment for business and investment in Uganda.