PPU: The Head of the State House Investors Protection Unit (SHIPU), Col. Edith Nakalema on Monday met and held discussions with officials from the Indian Business Forum.
The officials were led by the forum’s Director General Mr. Rajesh Kumar.
During the meeting, Col. Nakalema assured the investors that the unit which was established in May, 2023 by President Yoweri Kaguta Museveni aims at simplifying processes and creating a transparent, corruption-free investment landscape in Uganda.
To simplify SHIPU work, Col. Nakalema noted that the unit came up with the Uganda Electronic Investors Protection Portal, a platform that safeguards investment processes in the country.
The portal offers guidance to investors through access to authentic government sources, provides a comprehensive reporting mechanism for investor inquiries and complaints, and offers robust enforcement and follow-up on reported issues, complemented by regular feedback to investors.
On his part, Mr. Kumar informed Col. Nakalema, that the forum is an arm under the umbrella of the Indian Association Uganda which focuses on strengthening business perspectives for Indians and persons of Indian Origin (PIOs) in Uganda to deliberate on issues that enhance business development and also build business networks that command impressive results.
He noted that the Indian community is one of the key contributors to the economic development of Uganda through investments and payment of taxes.
