Newly inaugurated UIA board urged diligence

Finance minister Matia Kasaija has urged Uganda Investment Authority’s (UIA) newly inaugurated board to do its work diligently.

This was during the inauguration of the new board at the finance ministry's head offices in Kampala on October 16, 2024.

“This responsibility is the anchor of the economy and you must handle it diligently,” Kasaija told the new board chaired by Dr Robert Kyamanywa.

This is contained in the ministry’s press statement.

The other members of the new board are Dr Patrick Wakida, Dr Anna Nakanwagi, Bridget Nambooze Musumba, Namakoye Faith Jullie, John Byaruhanga (representing finance ministry) and Lynette Bagonza, the new permanent secretary of the trade ministry.

Guard against corruption

Kasaija also told the new members that they must guard against corruption tendencies while prioritising industrialisation and job creation to address the rampant youth unemployment in the country.

He inaugurated the new board in the presence of investment and privatisation state minister Evelyn Anite and UIA’s technical team.

Anite congratulated the new board and urged them to be truthful and candid in the execution of their duties.

She said the biggest project for them to deliver is the Namanve Industrial Park, which according to her is behind schedule.

Anite added that they must ensure the concerns of investors are addressed in a timely manner.

The outgoing UIA board chairperson, Morrison Rwakakamba, handed over to Dr Kyamanywa.