UIA EMBARKS ON A RESTRUCTURING EXERCISE

The Uganda Investment Authority 5 year Strategic Plan 2016-2021, whose theme is “Uganda: Profitable for Investment, Business and Innovative,” outlines a goal to create 1,000,000 jobs by 2021. This plan is orientated to brand and market Uganda as profitable for investments, business and also as the land of entrepreneurial and innovative people. The institutional organogram drawn out to achieve the stated goal is variant to what UIA has had in place. Therefore, the effective implementation of the strategic plan necessitates a restructuring of staff. Earlier this year, the Ministry of Finance, Planning and Economic Development granted authorization to the Board of Directors, Uganda Investment Authority to carry out this exercise. The intent is to improve the efficiency and effectiveness of the authority to deliver its mandate.

This communication was made to staff on 29th March 2018, prior to the commencement of the exercise. It clearly outlined that the focus would be on expansion of the authority, re-alignment of existing UIA staff into the new structure and recruitment of new staff where necessary.

Given the current misrepresentation of this matter on different media platforms due to a leak of some the affected staff’s termination letters, Uganda Investment Authority would like to inform the public that the restructuring process, which commenced on 4th April 2018, is being carried out with the utmost transparency and fairness. The positions that will fall vacant will be advertised internally to give priority to existing staff. All staff who believe they have the capacity to fit into the advertised positions have been encouraged to apply for them. This process has started at management level and will cascade to lower level positions.

Uganda Investment Authority prides itself on its professionalism, integrity, transparency and accountability. It is of grave concern that these letters leaked and this matter is being taken very seriously by the Board of Directors.

It is expected that the restructuring process will be complete by the end of this financial year 2017-2018.

 

Signed:

Dr. Emely Kugonza

CHAIRMAN,

UIA BOARD OF DIRECTORS.

Leave a Reply

Your email address will not be published. Required fields are marked *