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Uganda Investors | Beyond Akon, get to know incentives the government offers to domestic investors | Welcome to the Ugandan Diaspora News Online

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By Morrison Rwakakamba – Artiste and Pan African investor Aliaune Damala Badara Thiam, mostly known as Akon arrived in Uganda to engage Uganda’s chief investment promoter President Yoweri Museveni with among others plans to establish a futuristic Pan-African smart city in Uganda.
What followed was a frenzy of pessimism underlined with a cancel culture narrative that seems to stick – that the government babysits foreign investors at the expense of domestic investors! This is not based on any iota of truth.
The most cited incentive is the proposed public land allocation to Akon (One Square Mile) to establish a city that is expected to drive the imagination for the future of cities, creating jobs and stimulating enterprise. ....

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Reforming social security sector will take more than NSSF mid-term access

Reforming social security sector will take more than NSSF mid-term access
Wednesday February 24 2021
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After two years of back and forth legislative rancour, bevy of consultations and a mix of Covid-19 that ripened urgency for workers protections - and continues to upstage fortunes of workers, finally Parliament of Uganda passed the National Social Security Fund (NSSF) Amendment Bill of 2019 on February 17.
The Bill aimed to cure defects of NSSF Act of 1985 regarding coverage, benefits, expansion and management of the Fund. The Country is optimistic that President Yoweri Museveni, will in execution of powers granted by the Constitution (Article 91(2), move and accordingly assent. ....

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