President Yoweri Museveni launched the Electronic Investors Protection Portal (EIPP), a digital platform designed to safeguard investment processes in Uganda. The launch held on 13th December 2023 took place at State House, Entebbe.

The portal is an initiative of the State House Investors Protection Unit headed by Col. Edith Nakalema. The State House Investors Protection Unit was established early this year by President Museveni to promote and protect a thriving investment climate in Uganda.

It will among others offer guidance to investors through access to authentic government sources, give a comprehensive reporting mechanism for investor inquiries and complaints and offer a robust enforcement and follow-up on reported issues, complemented by regular feedback to investors.

It will also offer a valuable bridge connecting investors with relevant Ministries, Departments, and Agencies as well as language translation features to accommodate non-English speaking investors.

While commissioning the portal, Museveni said the initiative has come in handy to support the historical mission of modern societies such as Uganda to create prosperity which in modern times is as a result of producing a good or a service and selling it either as an investor or an employee.

“This system, if there’s no way they can interfere with it, it will help. I, therefore, congratulate Col. Nakalema. I created the Investors Protection Unit because I wanted focus. I told Nakalema not to become a judge.

“If investors are fighting over land in the courts, those are their issues, but you look at the government officials who are supposed to facilitate investment, how they are facilitating or not facilitating that investment effort. That is all. Look at the investors in the industry, services and may be to some extent, the commercial agricultural sector,” the President said.

President Museveni further explained that Uganda’s economy has been able to grow progressively due to the right policies by the National Resistance Movement (NRM) government.

The Minister of State for Investment and Privatisation, Hon. Evelyn Anite thanked President Museveni for promoting Uganda’s socio-economic transformation agenda through his wise and steady leadership.

Col. Nakalema informed the President that the electronic portal will solve the challenges that are being faced by investors in the country.

Col. Nakalema further noted that the EIPP will offer protection to investors by guiding them to government MDAs for authentic information and it will save them from falling in the hands of wrong elements like fraudsters.

“The portal has a reporting mechanism through which investors can inquire or file complaints. The electronic portal also enables information and follow up on investors’ complaints as well as giving quick feedback to all the investors,” she asserted.

The Executive Director of NITA-U, Dr. Hatwib Mugasa told the President that the digital portal is easy to use, and it will achieve its desired goal of protecting the investors.