OVER 180 INVESTORS HAVE SO FAR REPORTED TO COL NAKALEMA

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By editor

At least 189 investors have so far reported to the State House Investors Protection Unit (SH-IPU) headed by Col Edith Nakalema, citing multiple frustrations in their dealings with government agencies and ministries.

Addressing communication officers of different government ministries, departments, and agencies (MDAs) at her office in Kampala yesterday, Col Nakalema said local investors have reported more complaints compared to their foreign counterparts since SH-IPU was established in September last year.

Complaints from local investors, according to Col Nakalema, hinged on issues to do with unfair taxation and the high cost of doing business in Uganda.

President Museveni established SH-IPU to promote an investment environment free from corruption that is orchestrated by different players in the government and private sector.

The Unit, according to Col Nakalema, among others, coordinates investigations of all investor-related complaints, coordinates all investment stakeholders, and supports a friendly dispute resolution approach.

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