Sunday, July 6, 2025
UG Standard - Latest News
  • Home
  • News
    • DIPLOMACY
    • COURT
    • AFRICA
    • BOOK REVIEW
    • INTERVIEW:
    • National
    • Parliament
    • World
    • Regional
  • Business
    • AGRIBUSINESS
    • OIL & GAS
    • REAL ESTATE
    • TECH
    • INNOVATIONS
    • TELCOM
  • OpED
  • EDUCATION
  • INVESTIGATION
    • NATIONAL ARCHIVE
    • SPECIAL REPORT
    • ANALYSIS
  • FEATURES
    • SOCIETY
    • Community
    • Pictorial
    • PROFILES
    • Lifestyle
    • Health
    • ENVIRONMENT
  • Tours & Travel
    • Hotel & Hospitality
  • Sports
  • About Us
  • Login
UG Standard - Latest News
ADVERTISEMENT

Ugandans asked to tap into investment Opportunities as Minister promises Movit 50 acres of land

by NTEZA MICHAEL | REPORTER
27/08/2024
in News
Reading Time: 3 mins read
A A
0
Share on FacebookShare on Twitter

Hon. Evelyn Anite , the State Minister for Finance in charge of Investments and Privatization has called upon Ugandans to make good use of large chunks of land which were set aside by government for investors.

Hon. Evelyn Anite (in orange reflector Jacket) and Movit staff during her visit on Tuesday.

During her Visit to Movit Company in Bunamwaya, Wakiso district, the Minister revealed that government has square miles of land in various parts of the country ready to be given out to investors free of charge, but unfortunately very few Ugandans have expressed interest in starting up business ventures on that land

Related posts

Suspects in court on Monday.

Mpigi District boss, District Service Commission Members Charged over illegalities in Job offers

30/06/2025
163

Tororo leaders hail Lady Justice Sarah Langa for her Dedication,Mentorship and Integrity

29/06/2025
269
Bishop Lwere with some of the Judicial officers who participated in the Prayer Breakfast.

Bishop Lwere warns Judicial officers against Corruption

28/06/2025
171
Minister , Gen David Muhoozi addressing the gathering at Golf Course Hotel on Thursday. (Courtesy photo)

Violence free elections is everyone’s responsibility – Minister Muhoozi

27/06/2025
167

“I was tasked by the President while appointing me to this Minsitry, to promote investments and industrialization in Uganda. You asked for land from Government and I can assure you , you will have all the land you need in any part of the country you want. You asked for 50 acres , they shall be given to you free of charge.” Anite responding to Movit’s request for expansion land.

On the challenges of Digital conformity Stamp raised by the Movit team, the Minister promised that this and other related issues are going to be discussed in a meeting scheduled to take place on 4th September 2024, at Hotel Africana involving all investors in the country , technical staff from relevant Ministries in presence of the Prime Minister Rt. Hon Robbinah Nabanja.

Anite commended Mr. Simpson Birungi Chairman Movit group of companies for his visionary leadership which has enabled Movit to expand into a large business venture employing over two thousand people directly and other millions indirectly.

Minister Evelyn Anite touring Movit production chain.

“I recognize the efforts of Mr. Birungi, a Ugandan investor who came from Rukiga land to Kikuubo and ending up one of the top investors in the country. He told me his story and I promise that he will tell you his story when His Excellency the President comes to commission this plant.”

Robert Kitenda , the head of Marketing , Movit Africa, reported to the Minister that the Digital conformity mark(mode of certification )which was recently introduced by Uganda National Bureau of Standards (UNBS) has increased their certification costs to 20,000 percent and this has greatly affected their production.

“This a mode of certification which is being implemented , we have started feeling the pain in a period of one month we have spent 1 billion shillings extra money which we didn’t plan to spend in 2022/23 we spent 300 million shillings on certification alone. Our projection is that we are about to spend over six billion shillings in one year yet We were not consulted and involved in the whole process.” Kitenda noted

He therefore asked the Minister to bring them (Movit) closer to key stakeholders to work together in bringing the costs down or reconsider this mode of certification which is a very big threat to the manufacturing sector

Mr. Birungi Simpson thanked the President of Uganda Yoweri Kaguta Museveni for putting in place a conducive environment which have enabled them to smoothly run their business for close to 27 years.

“Our ambition is to be in every house hold in Africa that’s our dream. We have over 10,000 employees and we are looking forward to having more than 20 brands in Africa.”

The available land which was set aside by government for investors include 45 square miles in Kamwenge (Western Uganda), 1200 acres in Yumbe, 1000 acres in Madi Okollo, 600 acres in Nebbi, 500 acres in Lira city, 600 acres in Dokolo, 600 acres in Pader and 600 acres in Kamuli.

Other areas include 200 acres in Kayunga, 1000 acres in Kisozi Gomba, 119 acres in Mbarara and 3000 acres in Buliisa, Hoima and Masindi.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Share this:

  • Share
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on X (Opens in new window) X
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on X (Opens in new window) X
  • Click to share on Pinterest (Opens in new window) Pinterest
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on WhatsApp (Opens in new window) WhatsApp

Like this:

Like Loading...

Related

Tags: Evelyn aniteFeaturedMovit Products LtdRobert Kitenda

Related Posts

 Abbas urges U.S. to compel Israel to stop violations against Palestinians
News

 Abbas urges U.S. to compel Israel to stop violations against Palestinians

05/11/2022
0
305

Abbas urges U.S. to compel Israel to stop violations against Palestinians RAMALLAH, Nov. 4 (Xinhua) -- Palestinian President Mahmoud Abbas...

Read moreDetails
Equity ranked 4th strongest banking brand globally on brand strength, scoring 92.4 points out of 100

 Equity Bank Under Scrutiny for Alleged Role in UGX.3bn Fake Gold Scam

09/07/2024
618
Minister of Health Dr. Ruth Aceng and Permanent Secretary Dr. Diana Atwiine pay their respects at the burial of Dr. Joshua Musinguzi, a champion in the fight against HIV/AIDS in Uganda. Their presence honors his legacy and dedication to improving healthcare in Uganda.

 FULL LIST: Health Service Commission Shortlists Applicants for Key Roles

18/06/2025
1.1k
Kabuleta and other opposition politicians have teamed up to put an end to Museveni's leadership

 Kabuleta, other opposition politicians team up to put an end to Museveni’s leadership

27/02/2024
497
Load More

Popular Articles

  • Check out the top schools with pupils who scored 6 in 4 aggregates in the 2024 PLE results, as released by UNEB

    PLE 2024 Results: Top Schools with 6 in 4 Aggregates

    4367 shares
    Share 1747 Tweet 1092
  • How to Renew Your National ID Online: NIRA Pre-Registration Portal 2025 Guide

    3966 shares
    Share 1586 Tweet 992
  • NIRA unveils high-tech National ID, mass enrollment set to begin

    2663 shares
    Share 1065 Tweet 666
  • FULL LIST: Ministry of Education, NCDC publish self-study workbooks amid COVID-19 lockdown

    3323 shares
    Share 1348 Tweet 823
  • How to Check PLE Results 2024 on Phone, Online

    1783 shares
    Share 713 Tweet 446
  • PLE 2024 Results: UNEB Clarifies on Release Date

    1650 shares
    Share 660 Tweet 413
  • MPs clear govt to cancel 2020 academic year

    2796 shares
    Share 1150 Tweet 686

Recent Articles

Stanbic Donates mama kits in run up to World Population Day

05/07/2025
KCB Bank Uganda launches "Kyaddala ne KCB" campaign to reward savers with school fees, shopping vouchers, land, and more, fostering financial wellness nationwide.

KCB Bank to give out school fees, shopping vouchers to savers in new campaign

05/07/2025
Luis Alfredo Pérez, Yara Executive Vice President for Africa and Asia giving his address at the launch of Agri-hub

Yara, Asili Partner to Launch Farmer Knowledge Center in Kiryandongo

05/07/2025
During a meeting held at SHIPU offices in Kampala, Col. Nakalema assured the delegation of the Eritrean investors led by Mr. Samuel Tsegoi, the Managing Director of Concord Apartments, that President Yoweri Museveni “is always directing to ensure that we are supporting the investors and that their investments are well protected.”

Col. Nakalema, KCCA intervene to protect Eritrean investors

05/07/2025
Mafumu Dauson joins Lugazi FC

“Lugazi FC Is the Right Place to Develop My Career,” Dauson Mafumu

04/07/2025

Businessman King Ceasor Augustus Mulenga Pledges Affordable Credit in Bid for NRM Entrepreneurs Chair

04/07/2025
Rtd General Mugisha Muntu addressing the gathering at Uganda Law Society headquarters on Thursday.

Ugandans should take a lead role towards the country’s peaceful transition

04/07/2025

Recent CommentsRecent Comments

  • The Journey of Ibrahim Traoré on How President Ibrahim Traoré’s ambitious vision is driving Burkina Faso’s economic growth push
  • Ugandan Scientists Finalists For European Inventors Prize — Press Uganda on Ugandan scientists finalists for European inventors prize
  • Government Pumps UGX1 Trillion Into UDB To Drive Industrialization, SME Growth — Press Uganda on Government pumps UGX1 Trillion into UDB to drive Industrialization, SME growth
  • PS Ggoobi Tips On Building USD 500b Economy — Press Uganda on PS Ggoobi tips on building USD 500b economy
  • Museveni Meets German Envoy Matthias Schauer After Subversion Claims — Press Uganda on Museveni meets German envoy Matthias Schauer after subversion claims

UG Standard - Latest News

UG Standard, published via www.ugstandard.com isa publication of Sahel Media Solutions Ltd, a professional Digital/New Media company in Uganda info@ugstandard.com

Follow us on social media:

Latest News

  • Stanbic Donates mama kits in run up to World Population Day
  • KCB Bank to give out school fees, shopping vouchers to savers in new campaign
  • Yara, Asili Partner to Launch Farmer Knowledge Center in Kiryandongo
  • Col. Nakalema, KCCA intervene to protect Eritrean investors
  • “Lugazi FC Is the Right Place to Develop My Career,” Dauson Mafumu
  • Businessman King Ceasor Augustus Mulenga Pledges Affordable Credit in Bid for NRM Entrepreneurs Chair

OpED

HELLEN MASIKA: From Darkness to Solar Light in Kijumba 

Why de-register a Motor Vehicle in Uganda: and Consequences of Non-Compliance

Challenges of taxing law firms in Uganda

SHEILA ABOTH: Maternal healthcare must be everyone’s business because it takes a village

DARIUS NIWAHA KISHAHO: Securing Health After Retirement: Why a Post-Retirement Medical Cover is a Necessity, Not a Luxury

© 2024 Ugstandard - Latest News by Digital/New Media company.

Welcome Back!

Sign In with Facebook
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • DIPLOMACY
    • COURT
    • AFRICA
    • BOOK REVIEW
    • INTERVIEW:
    • National
    • Parliament
    • World
    • Regional
  • Business
    • AGRIBUSINESS
    • OIL & GAS
    • REAL ESTATE
    • TECH
    • INNOVATIONS
    • TELCOM
  • OpED
  • EDUCATION
  • INVESTIGATION
    • NATIONAL ARCHIVE
    • SPECIAL REPORT
    • ANALYSIS
  • FEATURES
    • SOCIETY
    • Community
    • Pictorial
    • PROFILES
    • Lifestyle
    • Health
    • ENVIRONMENT
  • Tours & Travel
    • Hotel & Hospitality
  • Sports
  • About Us

© 2024 Ugstandard - Latest News by Digital/New Media company.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
%d