Explorer Uganda

Minister Kasaija Warns New UIA Board Against Messing Up with Investors

The Minister of Finance, Planning, and Economic Development, Matia Kasaija, has directed the newly inaugurated Board of Uganda Investment Authority (UIA) not to mess up with the investors.

Kasaija made the directive on Wednesday, October 16, 2024, while presiding over the inauguration of the new board at the Ministry of Offices.

The minister emphasized that the new board should not mess with their roles because if the investors are treated kindly, they will give assistance, in form of investments, and create jobs for Ugandans.

“This responsibility is not small; it’s the anchor of the economic development, and you must handle it diligently, Kasajja said.

He further urged the new board to prioritize industrialization and job creation to address the rampant youth unemployment in the country, adding that they must guard against corruption tendencies.

Kasajja also thanked the outgone Uganda Investment Board headed by Rwakakamba for their contribution to driving Uganda’s industrialization agenda, urging them to continue working together and sharing ideas and experiences with the new Board for the good of Uganda.

Among the New Board inaugurated are Dr. Robert Kyamanywa as the board chairperson, Dr. Anna Nakanwagi Mukwaya, Dr. Patrick Wakida Godfrey, Byaruhanga Ira Kirungi John, Bridget Nambooze Musumba, and Namakoye Faith Jullie.

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