The Uganda Investment Authority is undertaking a survey on the impact of the COVID-19 on investment across the country.
Addressing journalists at the Uganda Media Center this morning, the acting director-general Lawrence Byensi says a number of companies have informed the authority that they have laid off workers due to constraints resulting from the pandemic.
He says the authority is undertaking a survey to establish the actual number of workers that have been laid off and how COVID-19 has impacted various companies to inform government’s post-COVID-19 policy interventions.
Meanwhile, Byensi says Uganda Investment Authority has registered 75 projects between January and March, majority of which are Foreign Direct Investments and were supposed to provide for 7,550 jobs.
He, however, says that UIA envisages a reduction in the creation of jobs if the interventions being discussed by the government are not implemented.