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Challenges to Overcome

With a strong economy, open markets and abundant resources Uganda provides a lot of opportunities for investors. Uganda has, however, to address the following challenges in order to make rank among the top investment destination countries:

  1. Poor infrastructure in areas of roads , airport, telecommunication and other support services
  2. High cost of finance
  3. High energy costs
  4. The narrow tax base which increases the tax burden of the businesses operating in Uganda
  5. High production costs caused by factors which can be addressed.
  6. The extra cost of doing business as a result of the corruption in the country
  7. The fast tracking of the legal and policy reforms in the various sectors.
  8. Lack of skilled manpower despite the many unemployed graduates.
  9. Lack of clear policies in some sectors
  10. Capacity building to the rural farmers who are key to the economic growth of the country.

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