Museveni Renews Robert Mukiza’s UIA Tenure for Another Five Years

Kampala – President Yoweri Kaguta Museveni has renewed the contract of Uganda Investment Authority (UIA) Director General Robert Mukiza for a second five-year term, citing his role in stabilising the agency and boosting investor confidence.

In a letter to Finance Minister Matia Kasaija, the President commended Mukiza for injecting “new energy” into the UIA, crediting him with improving Uganda’s image as a competitive destination for both foreign and domestic investment.

“I am informed that he has brought stability and new energy at the authority during his term, which has led to improvement in investors’ confidence in the country among others,” Museveni wrote.

Key Achievements Under Mukiza

During his first term, Mukiza has overseen several notable accomplishments:

• Africa’s top investment destination: Uganda was named the continent’s best investment destination for three consecutive years (2022–2024) at the Annual Investment Meeting Global Investment Awards in Abu Dhabi.
• Rising foreign direct investment: Inflows increased from $2.99 billion in FY 2023/24 to $3.5 billion, according to Bank of Uganda.
• Project approvals and jobs: UIA licensed 481 investment projects in 2024/25, projected to create over 53,000 direct jobs.
• Faster investor services: The One-Stop Centre cut investment licence processing from 48 hours to 24 hours.
• Industrial land mobilisation: Over 57,000 acres of land were mobilised nationwide for industrial development, with 10 industrial and business parks now operational.

President Museveni directed UIA to prioritise the rapid development of industrial and business parks by government and private investors.

“These parks are the key to promoting value addition, manufacturing, and job creation,” he said, stressing that strategic land acquisition remains critical to achieving Uganda’s $500 billion economy target in the next decade.

Public Praise and Support

Social media reactions to Mukiza’s reappointment have been largely positive, with many commending his dedication and energy in transforming UIA.

One X user commented:

“Still young and energetic — ready to take UIA to the next level!”

Watchdog Uganda will continue tracking UIA’s progress as it implements key industrial and investment initiatives. The renewal underscores President Museveni’s confidence in Robert Mukiza and highlights the government’s commitment to strengthening Uganda as a top investment destination.

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