The Head of the State House Investors Protection Unit (SHIPU), Col. Edith Nakalema, has rallied domestic investors under the umbrella body, the Mbarara City Traders Association (MBACITA), to multiply their efforts in investment and also support their counterparts to promote investment in the country.

In a meeting held on February 8th 2024 at SHIPU offices at plot 51B along Lumumba Avenue, Nakasero in Kampala, Col. Nakalema encouraged domestic investors to constantly make great use of the Electronic Investors Protection Portal (EIPP).

The Head of State His Excellency President Yoweri Kaguta Museveni has strongly warned against corruption tendencies in the country, saying that these regrettable tendencies impede progressive development in Uganda.

This came during the 43rd Tarehe Sita celebrations that were held in Bugweri District in the Busoga subregion of eastern Uganda on 6th February 2024.

The Head of the State House Investors Protection Unit (SHIPU), Col. Edith Nakalema, had a meeting with the Chief Executive Officer (CEO) of the Institute of Certified Public Accountants of Uganda (ICPAU) Mr Derick Nkajja. 

While recognizing the pivotal role of accounting and financial expertise in investment endeavors. Acknowledging the significance of ICPAU in enhancing the financial landscape for investors, the meeting reaffirmed the need to combat fraudulent activities to foster a conducive investment climate in Uganda.

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.