With a strong economy, open markets and abundant resources Uganda provides a lot of opportunities for investors. Uganda has, however, to address the following challenges in order to make rank among the top investment destination countries:
- Poor infrastructure in areas of roads , airport, telecommunication and other support services
- High cost of finance
- High energy costs
- The narrow tax base which increases the tax burden of the businesses operating in Uganda
- High production costs caused by factors which can be addressed.
- The extra cost of doing business as a result of the corruption in the country
- The fast tracking of the legal and policy reforms in the various sectors.
- Lack of skilled manpower despite the many unemployed graduates.
- Lack of clear policies in some sectors
- Capacity building to the rural farmers who are key to the economic growth of the country.