New Vision (Kampala)

Uganda: Countries Position in Ease of Doing Business Falls

Kampala — Uganda's position in ease of doing business has fallen to 111 from 107 in 2007, the Commercial Court's Justice Geoffrey Kiryabwire has said, writes David Muwanga.

"We have slipped as a destination for investment. We need an effective commercial legal system to enforce contracts and improve the investment climate."

"Poor contract enforcement is a disincentive to economic growth. We have few judicial officers. This has created a backlog of cases, which is a cancer because it holds up capital if disputes cannot be resolved in a short period," he said while presenting a paper at a workshop organised by the Uganda Investment Authority (UIA) at Hotel Africana in Kampala.


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