The country is bordered by sudan in the north, kenya in the east, the united republic of tanzania in the south, rwanda in the southwest and the democratic republic. Describing the ranking as a pity, ssebowa said government. Business you can start with less than ugx 100,000 us. Overview of the ugandan economy, regulatory framework, sector profiles and regional profiles. The capital city and seat of power of tanzania is called dodoma, but the largest city and center of commerce still remains dar es salam. Best business ideas in uganda list of business ideas uganda. Dr ssebowas remarks come after the recentlyreleased doing business report ranked uganda at 150th, 18 places below. Uia uganda investment authority unhs uganda national household survey unra uganda national roads authority upe universal primary education. The burning of agarbatti or incense in religious and social functions is a common practice in india since early times. Your personal guide to tourism and investment opportunities in africa.
Investment opportunities in uganda, business ventures in. Uganda investment authority uganda business directory. After identifying an investment opportunity in uganda, contact ecoland property services uganda for an ideal property where to position your business. Mission in kampala offers a number of commercial services that aim to promote. Register your company in uganda at the uganda registration services bureau ursb and obtain the memorandum and articles of association, and a certificate of incorporation. The investment centre first floor, twed plaza plot 22b lumumba avenue, kampala, uganda phone and email toll free. In uganda, one of the best social businesses is the establishment of private boarding school in nursery, to primary and secondary. Industrialfarmland or any form of investment land 2. An investment guide to zambia is the concrete product of a collaborative venture by the united nations conference on trade and development unctad and the international chamber of commerce icc. Dear visitor, welcome to africaugandabusinesstravelguide. Doing business in uganda market overview all figures in this report are the most recently available. Entrepreneurslookingtoexpandtheirbusinesswill hireanewemployeeifandonlyiftheemployeecanproducemorethan.
Agarbatti is a household good having great market potential. The mission of the uia is to promote and facilitate investment projects, provide serviced land, and advocate for a competitive business environment. Getting started with a young and rapidly growing population, extremely productive agricultural lands, a nascent oil sector, and a strategic location in the heart of east and central africa, uganda offers great economic potential. Most successful small business ideas come from individuals who work for someone else but they believe they can do better. Fred muhumuza, professor yash tandon founder and chairperson, southern and eastern africa trade information seatini, irene ovonjiodida fida uganda, richard ssewakiryanga the uganda national ngo forum, jane nalunga. Patrick bitature has had a humble beginning and climbed to the top throug h a combination of hard. Uganda tourism has unique untapped potential in the form of eco. Investment authority and to provide for other related matters. You dont need to take a flight to another country to get business ideas and tips anymore. On the other hand small enterprises employ between 5 and 49 and have total assets between ugx 10 million but not exceeding 100 million.
Uganda is the most open country to fdi within the region with all the sectors fully liberalized for investment and 100% foreign ownership permitted. Micro,small,mediumenterprisemsmedefinitions jeffbloem. Additional business ideas have also been developed and added on to come up with the 250. The business ideas development process has been under taken in close consultation with uganda investment authority. Top 10 small business investment opportunities in tanzania. Uganda investment authority your investment is our business. Investment code act 1991 uganda legal information institute. India with 47 investments and china at 33 remain top in foreign investments in uganda. Small business ideas for 2020 find 51 of them here small. Uganda a leading investment destination contact information uganda investment authority, the investment center plot 28 kampala road p.
Nairaland forum nairaland general education 500 business ideas by uganda investment authority. Without the cooperation of the uganda investment authority uia and in particular its executive director, maggie kigozi, as well as the permanent mission of uganda to the united nations office at geneva, which played a facilitating role, this project could not have been implemented. Investment opportunities in uganda, business ventures in uganda. Small and medium enterprises uganda investment authority.
The initial business ideas have been refined and updated. United nations international chamber of commerce the world. Anyone looking to venture into business wants to make profit. Best business plans in uganda list of business plans uganda. Provides a comprehensive overview of doing business in uganda, and includes a wide range of information on the ugandan investment climate, sectors of opportunity, regulatory developments, and statistics on the ugandan economy. Basically, agarbatti is an aromatic powder or paste.
In the first two parts of this series, we tackled two areas of business i. Viral photo changed makerere university students life in uganda she reported to the school authority that i was smooching her vagina. The 4 reasons why you might invest in uganda tourism. This report referred to as the business ideas report has been prepared by busin ess synergies for uganda investment authority sme department.
The compendium of diaspora investment business opportunities. This is another booming sector in uganda that investors can explore. The uganda national chamber of commerce and industry is a vibrant organization focused on enhancing business opportunity. Why uganda is the best investment location in africa state. Institutions governing investment promotion the uganda investment authority uia was established under the investment code act, cap 92 the ica to contribute to the economic development of uganda by promoting and facilitating private sector initiatives. An act to establish a code to make provision in the law relating to. The business can be operated out of a large vehicle, such as a van or trailer. The executive director of the uganda investment authority uia, dr frank ssebowa, has blamed inefficiencies within government agencies for the poor world bank rankings. Small business ideas for 2020 find 51 of them here. Uganda investment authority uia is a semiautonomous government agency operating in partnership with the private sector and government to drive national economic growth and development. It may seem like all of the good business ideas or the best small business ideas have been taken, but they are not. The chamber is over 80 years old as a nationwide umbrella organization for the private sector.
Food and household targeted businesses that you can start with under ugx 100,000. Why uganda is the best investment location in africa. Feb 01, 2020 the attached are 500 business ideas by uganda investment authority. This last part of the series shall deal with all the business opportunities that couldnt fall under the previous categories. Business services on the internet are easy and quick ways to grow your business in the new era of global villages. Additional business ideas have also been developed and added on to come up with the 250 business ideas constituting this report. Formula consulting uganda was founded way back in 20 and it has been in operation for years serving different business plus individuals. In 2016, the uia was transferred from the finance ministry to the uganda ministry of trade and. The uganda investment authority uia is the government agency mandated by the investment code 1991 to promote and facilitate investment. But feeding children has become a major challenge to good and quality education in boarding schools in uganda and other eastern africa countries. The nrm government has embarked on the road of privatization. Top 10 small business investment opportunities in uganda. Tanzania is an african country and it is located in the eastern part of the african continent.
This should be cheaper than a storefront, as you wont. Uganda investment authority reports an improvement in local investment in 2010, representing 59% of the total investments. Why uganda is the best investment location in africa uganda enjoys a unique location at the heart of subsaharan africa within the east african region and lies astride the equator. Nigerian billions diverted to fund private universities in uganda henry suubi. A detailed project proposal showing the project business activity and the main products or services to be produced on the land applied for. The uia works with the government and the private sector to promote the economic growth of uganda through investment and infrastructure development. All forms of business premises like stores or bigger offices etc.
The objective of this project is to bring together two parties with complementary interests. United nations international chamber of commerce the. For this purpose, the uganda investment authority uia was established to assist investors to implement their plans and to advise government on investorfriendly policies and structural. According to the 2010 annual investment report released thursday, out of the 323 projects licensed, 143 of them are owned by ugandans. The report is an output from initial business ideas generated by the uia sme department. The authority was established by the investment code act, cap 92 revised edition 2000 laws of uganda. Step 2 get your investment license apply for an investment license using uia form 1 and attach the documents in step 1 plus a brief business plan. According to the uganda ureau of statistics, ugandas gross domestic product gdp was usd. List of best business ideas in uganda, top business ideas in uganda, business ideas near me, best business ideas. Uganda investment authority brings you the first ever ivestment expo for local investors in uganda duration. We are dedicated to ensuring our members take advantage of business opportunities locally, regionally and internationally. In uganda a micro enterprise is an enterprise employing up to four people, with an annual salesrevenue turnover or total assets not exceeding uganda shillings 10 million.
The sme division of uganda investment authority supports and facilitates the development of msmes. With a starting capital of as low as kshs 20,000 or even lower, the following business ideas are profitable and worth considering. Investing in uganda uganda high commission in london. Apply for a quick and convenient loan to pay off bills and debts, start a new business or refinance your projects and. Application 1a an application for investment land shall be on form uia 2 shall give. Need 100% financing cant verify income cant verify employment recently self employed bankruptcy collections credit issues accumulated bills settlement personal investment project or company investment projects e. Uganda business, cost and process of doing business in uganda. In some cases, data was available for 2015, but not yet 2014. The attached are 500 business ideas by uganda investment authority. Dear visitor, welcome to africa uganda business travelguide. Consultations have also been made with various stakeholders including sme practitioners and associations to collect relevant information and data that has shaped the business ideas.
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