Uganda

Africa’s 20 most attractive countries for investors – Ernst & Young

Despite its economy slowing down, South Africa remains Africa’s most attractive country for investors, according to the 2016 Ernst & Young Africa Attractiveness Index.

The statement evaluates evolution made in governance, diversification, infrastructures, business enablement, human development inclunding resilience to current macroeconomic challenges.

Morocco is ranked second on the index, followed by Egypt, Kenya, Mauritius, Ghana Botswana, Tunisia and Rwanda. Cote d’Ivoire comes tenth.

Africa’s top economy, Nigeria comes 15th, mainly because of its poor performances in terms of governance and human improvment(See full ranking below).

President Yoweri Museveni

In his first public comments on the bill for some time, President Yoweri Museveni as well said that homosexuality should not be promoted.

The original version of the bill stipulated the death penalty for some homosexual acts but this has reportedly been dropped.

Homosexual acts are illegal in Uganda.

The BBC's Catherine Byaruhanga says the government has always stressed that the bill was introduced by an individual MP and was not official policy.

Madhvani Group – Marasa Africa Exceptional opportunities in Uganda’s tourism sector

Roni Madhvani, Director of the Madhvani Group, Uganda’s major conglomerate with a total investment base in excess of $1 billion and businesses spanning agriculture, construction, hotels and insurance to name a few, discusses the vast potential for investors in the country’s tourism sector.

Could you tell us the key steps of the evolution of Madhvani Group over the last century?

Outlook for 2013-17

The country (Uganda) is situated in Eastern Africa, west of Kenya.
It has borders with Congo (Kinshasa) for 765km, Kenya for 933km, Rwanda for 169km, Sudan for 435km and Tanzania for 396km.
Land in Uganda is mostly plateau with rim of mountains.The climate is tropical; generally rainy with dry seasons (December to February, June to August); semiarid in northeast.

(most widely used of the Niger-Congo languages, preferred for native language publications in the capital and may be taught in school), other Niger-Congo languages, Nilo-Saharan languages, Swahili, Arabic.

Overview

The president, Yoweri Museveni, and his National Resistance Movement (NRM) will continue to dominate the political scene following a resounding victory in the February 2011 elections. There may be some limited outbreaks of civil unrest, but Mr Museveni has total control of the security forces, making wider political instability unlikely. Inflation is estimate to average 6.7% in 2013-15 owing to stable commodity prices and fiscal tightening. We expect it to increase to 15.4% in 2016 on the back of pre-election spending, before easing in 2017. The current-account deficit as a % of GDP is estimate to remain in double digits as import costs continue to increase owing to request for capital imports for infrastructure projects, notably in the energy sector.

Kampala

Kampala is the largest city and capital of Uganda. The city is divided into five boroughs that oversee local planning: Kampala Central Division, Kawempe Division, Makindye Division, Nakawa Division and Lubaga Division. The city is coterminous with Kampala District.

In 2001, the city limits were substantially expanded to include many of the surrounding communities within the city; including: Namirembe, Naakulabye, Kasubi, Bwaise, Kawempe, Kikaaya, Mpererwe, Lubaga, Nateete, Busega, Mutundwe, Ndeeba, Katwe, Kibuli, Kabalagala, Ntinda, Kiwaatule, Kisaasi; Najjanankumbi; Nakawa, Kyambogo, Nagulu, Bugoloobi, Mbuya, Luzira, Port Bell and Butabika.
The eastern and northeastern suburbs of Banda, Kireka, Bweyogerere, Namanve Kirinnya, Namugongo, Kyaliwajjala, Bulindo and Nsasa, among others, were carved out into a separate municipality called Kira Municipality. Today, Kira Municipality is the second largest town in Uganda with an estimated population of about 180,000 in 2011.