Uganda Europe Business Forum: 9th & 10th March 2020 - Register Now

  • Private Sector Foundation Uganda


In  line with the new Africa-EU Alliance for Sustainable Investment and Jobs, the European Union Delegation in partnership with the Private Sector Foundation and the Government of Uganda is organizing the first ever EU–Uganda Business Forum. The forum forms part of a joint initiative to facilitate collaboration between private and public actors and partnership between Ugandan and European companies, in the framework of the Sustainable Business for Uganda platform. The event will be graced by H.E Yoweri Kaguta Museveni, the President of the Republic of Uganda and Ms Jutta Urpilainen, the European Commissioner for international Partnerships.

The conference marks an important milestone in the road map towards promoting EU -Uganda trade and investment opportunities. This highly interactive event will provide information and working sessions on Uganda’s business enabling environment, Trade and Investment opportunities including a consideration of how European funding can be used to support EU and local businesses. The participation to the forum will be free.

Register your participation here: http://www.ugandaeuropebusinessforum.com/registration/


23rd January, 2020 – Uganda. Corruption has been identified all over the world as an impediment to development and if not checked has dire consequences not only to the economy but also to the lives of citizens. However, much as it is a global problem it affects different Countries differently. Needless to say poor democratic and governance practices have been known to exacerbate the effects of corruption.

With support from the Democratic Governance Facility (DGF), Transparency International Uganda hosted a dissemination workshop to share results of the 2019 Corruption Perception Index (CPI) on Thursday, 23rd January 2020 at Hotel Africana. Each year, Transparency International the global coalition against corruption generates the CPI which scores and ranks countries/territories based on how corrupt a Country’s public sector is perceived to be by experts and business executives.

Uganda’s score remains low and currently ranks 149 with the score of 26. This is attributed to; Government failure to prosecute the corrupt public officials, political patronage, ineffective and poorly resourced institutions, social acceptance of the vice and the culture of impunity, among others. These and many more have led to unequal opportunities for all and have created a vicious circle between corruption, unequal distribution of power and inequalities in the distribution of wealth, it is still far too easy for the rich and powerful to exploit the opaqueness of the global financial systems to enrich themselves at the expense of the public good.

“In many Countries, people are deprived of their most basic needs and end up going to bed hungry every night because of corruption, while the powerful and corrupt enjoy lavish lifestyles with impunity,” said Jose Ugaz, former Chair of Transparency International

“Let’s have the service delivery in our public institutions streamlined to curb corruption.” Said Gideon Badagawa, Executive Director, PSFU. He added that the private sector will continue speaking up to stop corruption, and support in facilitating the relevant institutions to enforce and implement corruption laws.

For more information: https://tiuganda.org/


Strategizing for growth in 2020: a private sector perspective.

  • Private Sector Foundation Uganda

Strategizing for growth in 2020: a private sector perspective.

As the year ended and 2020 curves in, I keep wondering how better our economy can be nourished to further grow enterprises and help job creation especially for the youth. For Uganda to achieve the targeted (sustained) growth of 6.2% and position itself on the path towards middle income, this growth must be inclusive with full participation of the youth and women. Additionally it will call for well sequenced business climate reforms that can attract more local and foreign capital. Uganda’s binding constraint to growth today, is not so much to do with the availability of budgetary resources, laws or policies. These are in plenty.  Rather is to do with;

  • How organized we are as a people are (or shall be) in politics and business
  • How coordinated and efficient our institutions are – public and private
  • Whether the laws we write are enforced for the betterment of society
  • Whether every Ugandan is able to carefully account for resources, money and time at household, enterprise and public sector levels. 

Until we wake up to these seemingly obvious realities, Uganda may not grow to the targeted levels. We will always have to rely on someone else to finance us and determine our development path. Ugandans must be more organized to attract wealth and partnerships. 

Rich countries have carefully strategized to attract Foreign Direct Investments as these play a significant role as source of capital, provider of skills and technology learning as well as markets for our smaller businesses. Throughout this year Uganda must recommit to deliver an environment that continuously attract this such capital – the recent improved competitiveness ranking notwithstanding. 

This year we envisage a lot of politics as we prepare for next year’s election. The fear of the private sector, as has been before, is that investments may be deterred and markets shrunk further, and that this might curtail growth and employment targets. Leaders at all levels are henceforth challenged to mitigate this fear. Many young people are beginning to get immersed into politics at the expense of business in spite of the huge potential we have in agriculture and agribusiness, tourism and hospitality, small manufacturing etc. Our call to leaders therefore is to encourage, support and nurture these youths into business and entrepreneurship. Uganda has an unmatched potential in the young people as they are wiser, faster, more effective, better educated and innovative. We can only invest more in them and unveil the wide range opportunities to them, including providing fiscal incentives for them to start and grow businesses. It is this that will provide the sure and more stable future for this very young country.

The goodness of politics should be in how well it organizes the citizens and resources towards a sustainable future. Short of this politics is simply a curse. No investment can manifest in a torn apart country particularly where politics is turbulent. FDIs are critical for Africa’s development, and until we attract and retain them in stable conditions of politics, macroeconomics and democracy, development in Uganda and Africa will remain farfetched. 

To achieve this, the hindrances to businesses in Uganda (many of which are known) need to be addressed in a timely manner because poverty and joblessness which are the major causes of political instability can only be addressed by supporting business and entrepreneurship. 

To attract investments, our Governments in Africa ought to put a lot of emphasis on boosting effective demand, efficiency of policy implementation, law enforcement, opening and consolidating markets, promotion of partnerships and continued reduction in cost of doing business. Any effort to improve the business climate should be centered on three aspects; 

  1. Improving  household incomes so we raise their purchasing power and reduce vulnerability,
  2. Promoting job creation through enterprise growth
  3. Improving the current account balance by promoting exports and substituting for unnecessary imports  

Meanwhile, one of Governments major resolutions this year should be to become more efficient in service delivery and curb wasteful expenditures. Specifically the private sector wants to see less allocations to consumption spending and more allocations to development and wealthy creating sectors. These sectors must be well coordinated to have meaningful impact on the economy. Again we will need sufficient and focussed leadership in this regard to help free up resources for development spending as we save the tax payer.

By: Gideon Badagawa, Executive Director, PSFU


The Skills Development Facility is part of the Uganda Skills Development Project (USDP) under Component 3 and is implemented by Private Sector Foundation Uganda (PSFU) on behalf of Ministry of Finance, Planning and Economic Development. It is a facility for support to employer-led short-term training and recognition of prior learning as well as increased access to internships for TVET students. The economic benefit of this type of training has proved to be substantial in terms of wage growth and labor productivity. The training, which is co-financed by the private sector through a matching grant contribution, will stimulate partnerships between firms, industry associations and training institutions.

The focus is on short-term, practical and technical training of employees (including business skills for the informal sector) ranging from few days to not more than six months. The actual executing of the training must not exceed one year. The Skills Development Facility mainly finance costs associated with development and delivery of the supported training activities. Acquisition of equipment will only be financed in rare cases where this is vital for the implementation of the approved activities. The Facility, initially focus on four sectors; Agriculture, Construction, Manufacturing and Auto mechanics, but other sectors may also be eligible for support. The Grants committee has evaluated & awarded various groups; companies across the Country grants to-date.

WINDOW ONE - Skills shortages in the formal sector with focus on medium and large firms, including increased access to internships;

  • Seventy Eight (78) companies have been awarded grants to skill more than 10,000 employees & suppliers.
  • Over 1,900 students have accessed internship with 20% of these are women & majority have been retained by host companies.

WINDOW TWO - Skills shortages experienced by self-employed, workers and apprentices in the informal (jua khali) sector, master craftsmen, micro and small enterprises and members of cooperatives;

  • Over Three hundred and Fifty (353) organizations have been awarded grants to skill over 40,000 member organizations under the Manufacturing, construction and agriculture sectors

WINDOW THREE: Support to development of new innovative skills training programs;

  • Over 7.1 billion Uganda Shillings has been awarded to learning institutions to support; skills training, innovative training, skills for production entrepreneurial production
  • Over $170,000 has been awarded to create accreditation centres for certification in Manufacturing, construction and auto mechanics

  pdf Download the updated list of grantees awarded to-date here >> (606 KB)