Latest News Highlights


Tuesday, 31st October 2017
Predictable Environment

Uganda has been able to achieve macro-economic stability when clouds of uncertainty rocked many regions of the world.

Inflation rate has been single digit for over 15 years. Strong economic growth averaging 7.7% per annum since the year 2000 making Uganda the fastest growing economy in East Africa. Maintained a competitive real exchange rate that supports export growth.

Fully Liberalized Economy

All sectors liberalized for investment and marketing. Free inflow and outflow of capital. 100% foreign ownership of investment permitted. Ranked the 4th freest economy in Sub-Saharan Africa by the 2009 Index of Economic Freedom.

Market Access

Uganda enjoys a unique location at the heart of Sub-Saharan Africa giving it a commanding base for regional trade and investment. Uganda is a member of the Common Market for Eastern and Southern African States (COMESA), a region with a market of over 400 million people in 19 countries. Uganda is a member of the East African Community (EAC) comprising Burundi, Kenya, Rwanda, Uganda and Tanzania with a population of over 125 million people. Duty and quota free access into the US (AGOA), Generalized System of Preferences (GPS) scheme and EU (EBA) markets.

Strong Natural Resource Base

Abundant rainfall evenly spread in two seasons, rich loamy soils, and favourable temperature which enhance the productivity of the land to support the cultivation of both food and cash crops, organically. Unexploited mineral deposits; confirmed deposits include Phosphates, Gold, Zinc, Wolfram, Petroleum, Diamond, vermiculite, Silica etc. Lush green tropical forests, inhabited by a wide variety of birds and fauna.

Government Commitment to Private Sector

Government and private sector dialogue in policy formulation. Continuous improvement in provisions of infrastructure and other social services.

Uganda presently produces over 15,000 University graduates per year. Quality of labour is one of the biggest attractions.