AGP Executive Report
Last update: 5 hours agoRailway Corridor: Uganda Railways Corporation will begin clearing illegal structures from its reserve on October 12 and cancel irregular titles, a move aimed at reducing derailments and opening corridors for network modernisation. Mining and Value Addition: Government has handed 60 acres to DEVKI Steel Mills for iron ore mining in Rubanda. The project is expected to advance local mineral processing, though compensation for affected residents remains underway. Investment Climate: The Netherlands remains a major source of foreign investment, with more than 200 Dutch-affiliated firms operating in Uganda across sectors including agribusiness, renewable energy and logistics. Investors have raised concerns about taxation and policy predictability in talks with the State House Investors Protection Unit. Business Conduct: Deputy Speaker Thomas Tayebwa urged firms to improve tax compliance and transparency, arguing a broader tax base could fund infrastructure and public services without relying on new taxes. Agriculture: Uganda’s target to irrigate 1.5 million hectares by 2040 faces funding, coordination and monitoring hurdles, while Mukono leaders are promoting coffee and cocoa farming and improved production methods.
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