150,000 jobs created in 2010 - investment body

Prof Kamuntu and Dr Kigozi, while releasing the 2010 report in Kampala yesterday. PHOTO BY YUSUF MUZIRANSA. 

By Faridah Kulabako  (email the author)

Posted Friday, January 7 2011 at 00:00

A few more Ugandans are expected to find jobs following a 36 per cent increase in projects licensed by the Uganda Investment Authority last year.

According to the annual investment report released yesterday, UIA licensed 323 projects between January and December, with a total planned investment of about $1.7 billion and 149,659 planned jobs.

In 2009, UIA licensed projects with planned investments estimated at $1.6 billion while employment was estimated at 70,289.Read More