By Agency
The State House Investors Protection Unit (SHIPU) has been commended for empowering investors in the country.
This was during a meeting between the Head of SHIPU, Col. Edith Nakalema and officials from Uganda Baati Limited led by the company’s Chief Executive Officer, Mr. George Arodi, held at the unit’s offices in Kampala on Thursday 18th July, 2024.
Mr. Arodi appreciated the unit for the good work it’s doing when it comes to protecting both domestic and foreign investors, through creating a thriving investment climate in the country.
“We appreciate you for the good work which you are doing,” he said.
On her part, Col. Nakalema lauded Uganda Baati for taking a good decision to invest in Uganda.
She further informed the delegation that H.E the President set up the SHIPU in order to intensify operations in promoting and protecting investors in the country.
Col. Nakalema noted that with this portal, investors are protected against falling into the hands of wrong elements who ask for bribes and delay investments.
Meanwhile, the State House Investors Protection Unit was established last year by President Museveni to create a thriving investment climate in Uganda by safeguarding investors from corrupt practices and unnecessary bureaucracies.
