It is mandatory for foreign investors to obtain an investment license from uganda investment. The minister illustrated her resolve to deal with youth. A brief overview of the business climate in uganda is provided with profiles of 11 key sectors and a summary of market conditions, key demand drivers, a snapshot of investment opportunities as well as over 200 business ideas. Agoa eu preferential treatment of exports uganda s strategic location in. Ugandas investors in a non regulated business environment. Additional business ideas have also been developed and added on to come up with the 250 business ideas constituting this report. Uganda investment authority your investment is our business. The best investment opportunities in kenya today are those that deal with solving everyday challenges, so if you see a challenge, you better. Small profitable business to start in kampala uganda with. Economies are ranked on their ease of doing business.
The barriers to doing business in uganda include high levels of corruption, poor infrastructure, a lack of access to affordable loan financing, low levels of human capacity, inefficient government services, complicated land laws and frequent land disputes. Investment promotion institutions governing investment promotion the uganda investment authority uia was established under the investment code act, cap 92 the ica to contribute to the economic development of uganda by promoting and facilitating private sector initiatives. Kampala businesses for sale and investment opportunities in. By completing frameworks 1 and 2 respectively, we can identify opportunities for the ugandan government and development partners to develop additional market level incentives that can support scaled up climate compatible investment, and where there are gaps in sources of. Mission in kampala offers a number of commercial services that aim to promote. Consultations have also been made with various stakeholders including sme practitioners and associations to collect relevant information and data that has shaped the business ideas. Uganda investment authority offices, ms meg jaguar jakana foods, the vice president of the american chamber of commerce in uganda amcham, expressed her optimism about the growth and development of the agri business sector. Uganda tourism has unique untapped potential in the form of eco. Uganda investment authority uia is a semiautonomous government agency set up under the investment code 1991 mandated to initiate and support measures that enhance investment in uganda and to advise government on appropriate policies conducive for investment promotion and growth. It formulated recommendations on how to improve ugandas investment framework, investment promotion efforts and strategies to attract and benefit from foreign direct investment fdi. However, some wouldbe entrepreneurs lack the best business ideas to implement despite the fact that they have the money. Land is available for leasing to various investors for various projects in line with aviation services. According to the uganda ureau of statistics, uganda s gross domestic product gdp was usd.
To provide excellent revenue services with purpose and passion. United nations international chamber of commerce the. Best profitable business ideas to start a small business in uganda. Business investment opportunities in uganda invest in a. The medium enterprise therefore, employs between 50 and 100 with total assets more than 100 million but not exceeding 360 million. The research project changing the mindset of ugandan entrepreneurs. See the complete profile on linkedin and discover ugandas connections and jobs at similar companies. Uganda investment authority uia is a semiautonomous government agency operating in partnership with the private sector and government to drive national economic growth and development. Without the cooperation of the uganda investment authority uia and in particular its executive director, maggie kigozi, as well as the permanent mission of uganda to the united nations office at geneva, which played a facilitating role, this project could not have been implemented. In this article, we list 30 lucrative business ideas that you can embark on in 2018 so as to become a future billionaire. The uganda investment authority uia has outlined business ideas for both local and foreign investors who want to invest in the agriculture sector.
It seeks to achieve this by promoting uganda as an investment location, easing constraints on investment through its onestop service. This definition is in agreement with that of kasekende and opondo 2003. There are many new untapped business ideas in kenya in 2020. Jan 16, 2016 uganda is one of the countries with unlimited business opportunities especially for small entrepreneurs. The investment compendium will ensure that ugandans in the diaspora are aware of the opportunities that exist in uganda for high value investment, the process of undertaking such investment and their contribution to the attainment of the goals of vision 2040 of transforming the uganda into a middleincome country in the next 15 years. Civil aviation authority partners with a number of companies to bring investments to entebbe international airport and other aerodromes. Some of the business ideas do not require capital at all for you to start, so there should be no excuse as to why you are still unemployed. Uia business ideas uganda investment authority final report for. Products and services the starting point here is a clear statement of what the product is or what service your company will provide. The uganda investment authority is also conducting entrepreneurship training and business skills training for different target groups and the ministry of trade was reported to be in the process of reviving cooperatives through value addition technology. Viral photo changed makerere university students life in uganda she reported to the school authority that i was smooching her vagina. An act to establish a code to make provision in the law relating to local and foreign investments in uganda by providing more favorable conditions for investment, to establish the uganda investment authority and to provide for other related matters. Small business ideas and investment opportunities in uganda for 2019.
Describe your companys history if any or a startup information. Nairaland forum nairaland general education 500 business ideas by uganda investment authority. From muppets to gazelles aims to contribute to socially inclusive development in eastern africa by identifying and tackling key constraints on domestic entrepreneurship through social networking, mainly among rural women in uganda. Among business idea that uia has advised investors to get interested in, is the growing and marketing of watermelons citrullus lanatus. Describing the ranking as a pity, ssebowa said government. United nations international chamber of commerce the world. The compendium of diaspora investment business opportunities. The investment code act 2000 uganda investment authority. To be a model of best practices and innovations in revenue services uganda revenue authority s mission is.
View uganda investment authoritys profile on linkedin, the worlds largest professional community. Getting started with a young and rapidly growing population, extremely productive agricultural lands, a nascent oil sector, and a strategic location in the heart of east and central africa, uganda offers great economic potential. There are many services for several businesses online but little of this is known by business managers and owners. The uganda investment authority uia is the government agency mandated by the investment code 1991 to promote and facilitate investment. Small business ideas and investment opportunities in. Here are 12 business ideas that will make you a fortune. Begin main content area coronavirus information close coronavirus information. The sme division of uganda investment authority supports and facilitates the development of msmes. Aug 16 2016 how attractive is your project for funding. While the country maintains a liberal trade and foreign exchange regime, and largely adheres to imfworld bank programs to fight poverty. These ideas are highly recommended by the uganda investment authority. Uganda investment authority eases investors licensing ucuk2020.
The following is a list of best business to do in uganda this 2017 online shop what is needed for you to do this business is a website which should be hosted by top hosting companies like bluehost,namecheap and godaddy. Uganda is the most open country to fdi within the region with all the sectors fully liberalized for investment and 100% foreign ownership permitted. Buds business uganda development scheme cbet competence based education and training cge computable general equilibrium. Investment code act 1991 uganda legal information institute. Every business is given the opportunity to share business ideas with other competitors from all over the world. Any business consulting firm such as rsm gurugroup will be able to advise and guide foreign investors to invest in botswana. Uganda tourism has unique untapped potential in the form of ecotourism, bird life, contrasting scenery and substantial game populations. Application 1a an application for investment land shall be on form uia 2 shall give.
Business investment opportunities in uganda invest in a business in uganda 5 business investment opportunities in uganda as on april 2020. Why uganda is the best investment location in africa state. The initial business ideas have been refined and updated. Challenges faced by small and medium enterprises in. Botswana export development and investment authority offers 1stop service to investors to process all the necessary permissions, approvals, residence and work permits. The executive director of the uganda investment authority uia, dr frank ssebowa, has blamed inefficiencies within government agencies for the poor world bank rankings. Nov 30, 2009 uganda investment authority uia and the private sector in uganda is organising yet another diaspora investment summit, under the theme home is the best 3. A detailed project proposal showing the project business activity and the main products or services to be produced on the land applied for.
Each chapter, in this publication attempts to give information on specific aspects of investment in uganda. Attracting foreign direct investments africa business. A component of the conference will highlight the opportunities and. The uganda investment authority uia is an autonomous statutory body that was set up in 1991 under the investment code. Three business summits are scheduled to take place in lira, kampala hotel africana and mbale on 23rd december 2009, 29th to 30th december 2009, and 4th january 2010 respectively. The idea is premised on harvesting 12,000 watermelons per quarter which. Were dealing with hardware bottlenecks, remaining with attitude change march, 2020 off. Uganda a leading investment destination 2 uganda a leading investment destination durban market uganda 24. This report referred to as the business ideas report has been prepared by busin ess synergies for uganda investment authority sme department. The 4 reasons why you might invest in uganda tourism.
Dr ssebowas remarks come after the recentlyreleased doing business report ranked uganda at 150th, 18 places below. Maybe youre tired of working for a boss who makes every workday stressful. Patrick bitature has had a humble beginning and climbed. The authority was established by the investment code act, cap 92 revised edition 2000 laws of uganda. Annual investment abstract, fy 20152016 page 8 uganda investment authority uia is a semiautonomous government agency operating in partnership with the private sector to drive national economic growth and development. Nigerian billions diverted to fund private universities in uganda henry suubi. Many start up businesses in uganda and the existing. Find hundreds of full or part time business ideas that you can start today. Small and medium enterprises uganda investment authority. Many ugandan agencies maintain substantial red tape and a 2006 world bank international finance corporation report found that it takes 30 days and 17 separate steps on average to open a business in uganda. Kampala, particularly, is among the few cities with numerous opportunities for business persons who wish to start business ventures with small capital. Doing business 2015 is the 12th edition in a series of annual reports measuring the regulations that enhance business activity and those that constrain it. Consultations have also been made with various stakeholders including sme practitioners and associations to collect.
Yet, uganda investment authority uia 2008 defines smes as firms or enterprises which employ 50 or more people with a revenue turnover of maximum ugandan. Uganda business, cost and process of doing business in uganda. Uganda investment authority presents home is the best iii. Food and household targeted businesses that you can start with under ugx 100,000. Depending on the business model and a type of business plan, you may need to include a description of the location and facilities. Business synergies public and private management consultants, 2nd floor, diamond trust building plot 1719 kampala road p.
Additional business ideas have also been developed and added on to come up with the 250 business ideas. Uganda investment authority investment promotion agency. The mission of the uia is to promote and facilitate investment projects, provide serviced land, and advocate for a competitive business environment. The business ideas are presented in the following sectors. In no particular order, below are some of business ideas for startups that are recommended by uganda investment authority that can mint you. Role of the authority uganda free zones authority ufza is an authority was established by an act of parliament in april 2014 for the establishment, development, management, marketing, maintenance, supervision and control of free zones and other related matters.
Uganda investment authority assures investors of uninterrupted online services march 19, 2020 off. In some cases, data was available for 2015, but not yet 2014. The business ideas development process has been under taken in close consultation with uganda investment authority. The report is an output from initial business ideas generated by the uia sme department. The sme division smed of uganda investment authority supports and facilitates the development of msmes who are majorly domestic entrepreneurs. Uganda investment authority provides guidelines on investment and government. Maria kiwanuka, the finance, planning and economic development minister, kickstarted the investors survey 2011 on monday in kampala. Pdf uganda investment authority final report for generation.
List of best business to do with small capital in uganda. The uia works with the government and the private sector to promote the economic growth of uganda through investment and infrastructure development. The uganda investment authority uia was established under the investment code act, cap 92 the ica to contribute to the economic development of uganda by promoting and facilitating private sector initiatives. Wednesday july 6, 2011 a study, which will assess the actual value of investments in the country and the jobs created, has been launched. Overview of the ugandan economy, regulatory framework, sector profiles and regional profiles. Perhaps you are convinced you can make more on your own than you can working for someone else or you just want to bring in a little extra money to pay. The uia is mandated to attract, promote and facilitate foreign direct investment fdi to uganda as well as encourage and support domestic investments di based on its vision of making uganda the leading investment.
The country is bordered by sudan in the north, kenya in the east, the united republic of tanzania in the south, rwanda in the southwest and the democratic republic. A foreign investor who holds an investment licence may in relation to the business enterprises to which the licence relates obtain credit from domestic financial institutions up to the limit established by the bank of uganda in consultation with the authority, having regard to the amount of foreign capital invested in the business enterprise. Doing business in uganda market overview all figures in this report are the most recently available. The uganda investments authority has incorporated the automated one stop system into their work which will enable investors apply for investment licences online without necessarily making their physical appearance at the authority. You also need to source your products from reliable distributors and also marketing strategy. An assessment of the regulatory framework for investor protection in uganda grace flavia lamuno 2005hd091979u a dissertation submitted to makerere university in partial fulfillment of the requirements for the award of the degree of master of laws of makerere university october 2009. Ugandas investors in a nonregulated business environment.
Uia uganda investment authority uiri uganda industrial research institute umi uganda management institute unhs uganda national household survey upe universal primary education. Best business ideas in uganda list of business ideas uganda. We would like to show you a description here but the site wont allow us. To set up an investment in uganda, foreign investors need to obtain an investment license from the uganda investment authority uia. The attached are 500 business ideas by uganda investment authority. Grant work permits to investors who will get local traders to learn newer ways of doing business.
The uganda investment authority provides assistance to potential investors in navigating the regulatory process. Uganda investment authority uganda business directory. Agoa 101 uganda how to export dutyfree from uganda to the u. Corruption is a serious problem, and the political will to fight it remains inadequate.
List of best business ideas in uganda, top business ideas in uganda, business ideas near me, best business ideas. Compendium of investment and business opportunities vol i. Local investors are not obliged to license according to the current code but the investment license gives the local investors access to various benefits, especially when importing plant and machinery. The uganda investment authority uia will not increase the threshold required for foreign investors despite outcries from local business entities, uia boss disclosed recently. Do you want to start your own business, but arent sure what kind of business to start.
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