Related Papers
The investment climate in Tanzania: views of business executives
2009 •
Lucas Katera
Opportunities and Challenges of the Ugandan Business Environment
2015 •
Joseph M Ntayi
This book contains findings of eight of the several research projects sponsored by the Investment Climate and Business Environment (ICBE) Research Fund in Uganda. It's an effort to provide evidence to inform policy that improves the business environment in Uganda. The findings coincide with the efforts of the government to implement policies and programs targeting private sector development, solving daunting problems of unemployment, economic growth and development. The studies have been carried out by Ugandans and address issues pertinent to the Ugandan economy, but also to other developing countries
Journal of African Economics
Business Environment and Investment in Africa: an Overview
2001 •
Augustin Kwasi Fosu, Temitope Oshikoya
THE UGANDAN APROACH TO THE FACILITATION OF FOREIGN DIRECT INVESTMENT (FDI): THE NEED FOR SOME ADJUSTMENTS
BEST Journals
This study investigated the effects of investment facilitation on investments, particularly Foreign Direct Investment (FDI), in Uganda, since the enactment of the Investment Code Act in 1991. It used mostly secondary data and interviews on investments facilitation in Uganda. The Research Design was ex post facto, and the Analysis qualitative. The findings showed that investment facilitation impacted on FDI inflow into Uganda in a mixed manner; as with the exception of investment protection, including the swift and equitable resolution of investment disputes, and unrestricted repatriation of investment proceeds, the country fared badly in other aspects of investment facilitation. To improve the effectiveness of investment facilitation, it was recommended that the Ugandan government and indeed the whole of the East African Community (EAC) region should address the challenges related to the processing of investment applications by adopting the Rwanda’s One-Stop Centre strategy of trade and investment facilitation, and granting of waivers to Trans-National Companies (TNCs), amongst others. It was further recommended that political interference and high levels of corruption, the country’s and the region’s weak infrastructure, and the delay in the resolution of commercial disputes in Uganda need to be resolved also for the country and the region to achieve a reasonable level of retention of foreign investments.
Investment in Africa: Some positive effects on growth and obstacles facing investment
M'Begniga Abdoulaye
Any society can sustain long-term development without promoting investment that is,we can say the foundation of all economic growth. Indeed, investment which has a special role to play in economic growth is inescapable insofar as it can contribute effectively to the creation of jobs, the increase in the volume of capital, the financing of development projects and above all to strengthen the capacity of the sectors of economic activity. Investment has a very special role to play in economic growth in Africa since its countries lack the financial resources to promote their economic development. However, policy makers in African countries must ensure that Africa's investment can make a significant contribution to economic development. They must therefore make important policy decisions that not only promote investment but also encourage investors to invest in strategic and priority sectors that will help improving economic activity and also ensure that investment is beneficial To economic growth.
Challenges to the Growth of Capital Markets in Under Developed Economies: The Case for Uganda
2013 •
Samuel Sejjaaka
This research study was supported by a grant from the Investment Climate and Business Environment Research Fund, jointly funded by TrustAfrica and IDRC. However, the findings and recommendations are those of the author(s), and do not necessarily reflect the views of the ICBE-RF secretariat, TrustAfrica or IDRC Challenges to the Growth of Capital Markets in Underdeveloped Economies: The Case for Uganda
Investment Climate in Nigeria: Effects on Nigeria's Economic Development
Оксана Карпенко, Alfred Meseko
This research examines the investment climate of Nigeria and the effect it could have on economic development. Primary data were gathered randomly fromm investors and quantitatively analyzed using Likert scale and T test to determine the authenticity of the hypothesis proposed in the questionnaire. The result shows that the Nigeria culture and value system have positive impact on Nigeria investment climate, the financial institutions in Nigeria are efficient and able to drive a positive investment climate,the Nigeria stock exchange is efficient, it's easy to acquire real estate for business purpose in Nigeria at affordable prices, communication channels like email, telecommunication etc are efficient, the possibility of natural disaster is very low, and it's not difficult to get credit facilities. On the negative front, Security threats is an impediment to free movement, infrastructures like roads, railways, airports, sea-ports and electricity are inadequate, corruption is prevalent and a lot is still expected as regards rule of law. Recommendations include, transparency and reduction of bureaucratic process in governance as well more involvement of the private sector through project financing to provide necessary infrastructures that are needed to drive the economy.
Factors Affecting the Investment Climate, SMEs Productivity and Entrepreneurship in Nigeria
Dr Oyedele M Ogundana
In Nigeria, most of businesses operate in the form of Small and Medium Enterprises (SMEs). SMEs play a significant role in the economic development of many nations. This paper employs current perspectives to examine the factors affecting investment, productivity and growth of SMEs by employing the World Bank Enterprise Survey in Nigeria. It explored five main factors affecting investment and productivity in Nigeria as follows: education of the labour force, access to infrastructure, access to finance, size of firms and other business climate variables. Other business climate variables are insecurity, bribe or corruption, the amount of time that businesses spend dealing with government regulation, poor power availability, etc. In a survey of 2,676 firms, access to finance (33.1%), access to electricity (27.2%) and the level of corruption (12.7%) were the most ranked obstacles for business owners. By employing the World Bank Enterprise Survey, this paper presents and analyses the business environment challenges at the national level.
An Assessment of the Investment Climate in Kenya
2009 •
Ismail Radwan
DETERMINANTS OF FOREIGN DIRECT INVESTMENT IN UGANDA AN ECONOMERTIC APPROACH
Samuel Ndawula
The main aim of this paper is to examine the determinants of Foreign Direct Investment in Uganda. FDI has been recognized as one the major component of economic growth and development in developing countries. On average the trend of the FDI flow to Uganda has been increasing since 1991 however the FDI figures remain very low compared to other developing countries like Mauritius, Botswana and during some years the FDI flow has declined. For example, it was also established that in 2009 the FDI flows to Uganda declined to US$534 million from US$815 million. This decline was attributed to a lower decline in the share capital and retained earnings during the year 2010. Therefore the researcher found it relevant to examine the determinants of FDI in Uganda using time series data for 19 years, from 1993- 2012. The study and literature review mainly focused on the locational determinants of FDI in Uganda. The time series data was analyzed using STATA and the researcher found out to BOP, GDP and interest rate, the null hypothesis of FDI, Effective exchange rates and Inflation could not be rejected at levels since their ADF values were less than critical values at the 1%, 5% and 10% level of significance. In testing for stationarity, variables like BOP, GDP and interest rates were stationary at levels were though with trend. However Effective exchange rates, Inflation and FDI were non stationary at their levels with no trend. The empirical model was estimated using the ECM and the findings revealed that in the short run FDI in Uganda was positively related to BOP, interest rate, GDP and Inflation while it was negatively related to effective exchange rates. However, in the long-run, effective interest rate and BOP were negatively related to FDI while other variables were positively related to FDI in Uganda.
