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ICPAU joins SHIPU in the push to polish Uganda’s Investment Climate

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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.

Col. Nakalema moves to make Airport Investor Friendly

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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.

Col. Edith Nakalema to wipe out rot in investment climate

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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.

Meeting with Government Bank Institutions on a sustainable way forward for MSMEs held on October 4th, 2023

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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.

Meeting between MSME Leaders and some Government Investment Stakeholders

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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.

Engagement with Stakeholders to pave way for Empowering Investors in Uganda on July 26, 2023

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State House Investors Protection Unit hosted its first meeting with key stakeholders, together with its staff to orient them about SH-IPUs role and mandate, as well as introducing them to the collaborators. While gearing up to the launch of SH-IPU following the presidential directives, the stakeholders offered their invaluable insights and support to ensure smooth collaboration, and coordination.