By Uganda is banking on the Uganda Registration Services Bureau’s (URSB) new Strategic Plan IV to boost investor confidence, attract trade, and drive job creation, with reforms worth UGX 552.78 billion earmarked for implementation over the next five years.
The plan, which runs from 2025/26 to 2029/30, is designed to make Uganda the most attractive destination for doing business in the region, cutting red tape and strengthening the country’s commercial legal environment.
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Registrar General, Ms. Mercy K. Kainobwisho, said the bureau’s recent performance proves that business reforms directly contribute to economic growth. “Registrations have grown by 21% annually, and initiatives like the Security Interest in Movable Property Registry have unlocked affordable credit for entrepreneurs. Strategic Plan IV will build on this momentum to ensure more Ugandans benefit from formalisation and innovation,” she said.
Board Chairman, H.E. Amb. Francis Butagira, emphasised that URSB’s work goes beyond registration. “Every reform we implement strengthens investor protection and Uganda’s reputation as a trusted gateway for business in Africa,” he said.
The Ministry of Finance has urged disciplined implementation to ensure that reforms translate into tangible economic growth. Acting Director of Economic Affairs, Mr. Moses Kaggwa, noted that the new plan aligns with the Fourth National Development Plan, adding that “industrialisation, private sector expansion, and job creation must be driven by strong, well-implemented reforms.”
Permanent Secretary in the Ministry of Justice, Mr. Robert Kasande, said that by modernising laws like the Companies Act and Insolvency Act, URSB has already created a more transparent environment for investors. Strategic Plan IV, he added, will further embed accountability, gender-responsive planning, and risk management.
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The plan comes at a time when Uganda is seeking to double foreign direct investment inflows and diversify its economy. With digitalisation, intellectual property reforms, and streamlined registration services at the centre of the blueprint, URSB says the country is positioning itself to compete not just regionally but globally.
