ADVICE | RESPOND | RECOVER

COVID -19

INVESTOR SUPPORT PORTAL

Queries

Submit a query to our business support team

Resources

Access important COVID-19 resources

Economic Support

Grants, Schemes and financial support available

Case Dashboard

Uganda’s response and Covid-19 case updates

Submit a Query

TO THE Business Support team

Survey of impact of

COVID-19 on investment in Uganda

In April 2020, Uganda Investment Authority initiated an online  survey to determine the impact of Covid-19 on investments and businesses in Uganda. 

The survey aimed at discovering the impact on the workforce, business continuity plans and how the GOU response measures have affected business operations.

UIA Board Chairman Dr. Emely Kugonza reveals the survey findings and the planned mitigation measures .

UIA Acting Director General, Mr Lawrence Byensi shared the findings and next steps

E-conference to share

Status of Investments during the Covid-19 pandemic

On 14th June  2020, Uganda Investment Authority held an  e-conference with various sector players on live on  NTV Uganda  to discuss the “New normal” and possible continuity steps.

Useful Resources

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COVID-19 Virtual Business Survival Bootcamp

African Management Institute (AMI) is offering a free online bootcamp to help companies adopt to the new normal. The webinar dates are announced on a rolling basis with focus on Financial Forecasting and Cost Management in an Economic Slowdown. 

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Google resources to help improve digital skills for SME's

The internet giant Google has put together a bundle of free online resources to help SME’s improve their digital skills and online presence.

Economic Support Measures

Government & Institutional Measures 

Flexible tax payment terms & extension of filing tax returns

The Uganda Revenue Authority announced various continuity measures including extending the deadlines for filing of returns, accepting installments, waiving penalties etc. URA has durther extended the dealdine to June 2020.

NSSF extends amnesty to businesses

NSSF introduced a 3 months Amnesty to support businesses  and employers facing economic distress as result of the COVID-19 pandemic and subsequent lockdown. The measure involves allowing employers to reschedule their social security contributions for the next three months without accumulating a penalty. This was futher extended to 6 months.

Ministry of Finance Resilence Packages

During the just concluded UIA E-conference, Hon. Evelyn Anite, the State Minister of Finance for Investment and Privatization highlighted that MOFPED  is working on economic resilience packages.

She mentioned that the relief will be channeled through Uganda Development Bank and the Microfinance Support Centre for SMEs.

Private grants & loans

Grants & loan facilities for businesses from private entities

UNCDF grants for SMEs in Northern Uganda

On 26th May 2020, UNCDF approved UGX 830 Million towards the new Small Business Recovery Fund to help SMEs in Northern Uganda secure money to overcome their liquidity problems. Small businesses will access working capital at zero-interest rate with a flexible repayment plan not exceeding 12 months. Under the recovery fund, Businesses can get up to UGX 40M based on the assessed individual businesses cash flow challenges.

Kiva Covid-19 Loans

Entrepreneurs and businesses affected by the COVID-19 pandemic can apply for a loan through Kiva’s website. Your Loan gets posted on their website for lenders to support your business in these uncertain times. Various lenders crowdfund the loan in increments of $25 or more.

Team Europe announce €178 million support to Uganda

Under the banner of Team Europe (#TeamEurope), European Union institutions and Member States are responding jointly to the COVID-19 crisis.. In Uganda, Team Europe’s immediate contribution to the fight against the COVID-19 crisis totals 53 million euros of grant support. In addition to this, Team Europe will be providing a total of 125 million euro  of concessional loans and new lines of credit in support of the private sector. Additional actions are being planned, to ensure continuous support in the months to come.

Covid-19 driven Innovation & Import Substitution

Ugandan companies double production of PPE & sanitizer

In March 2020, Uganda had only two factories  making sanitizers compared to 107 factories today.

Prior to the pandemic, all masks were imported however Uganda now boosts of more than 10 large scale manufacturers of medical-grade masks and several other Small and Medium Enterprise (SMEs) making non-medical masks

Ugandan start-ups re-defining e-commerce

Increasing market uncertainty has meant decreasing revenues for many small businesses. However, a few innovative enterprises are doing their best to turn this crisis into an opportunity – not only to keep themselves afloat, but also to help consumers and other businesses ride out the pandemic with as little pain as possible.

Ugandan companies convert Ethanol into sanitizer

In March 2020, the Uganda Manufacturers Association (UMA)  committed to use up to 7.3 Million litres of alcohol in the stores of their members to produce affordable sanitizers. 

In turn, government has committed to support their effort at maximum production by waivers on VAT and excise duty waivers .

COVID-19 Case & Response Dashboard

UGANDA HAS NOT REGISTERED ANY COVID-19 RELATED DEATHs

PLEASE NOTE

Uganda is currently registering a high number of imported cases from cargo truck drivers from neighboring countries. There is a presidential directive to deduct these cases from the total cases.

MINISTRY OF HEALTH

For case updates and response, follow the Ministry of Health- Uganda . 

Uganda is gradually easing the lockdown

Curfew

7:00pm to 6:30am

PARTIAL LOCKDOWN

International airports & borders closed

  • 22nd JUNE 2020

    • Easing extended to select border districts.
    • Private cars allowed to carry maximum 4 passengers in compliance with earlier directives.
    • Restrictions on Boda Bodas (Motorbike Taxi's), Religious Institutions,Large Gatherings (Weddings, Events, Funerals, Rallies, etc), Saloons, Shopping Arcades, Cross-border entry remain
  • 1st JUNE 2020

    •  Easing to start except for border towns. Airports & borders remain closed.
    • Public transport to resume with half passenger capacity on 4th June except for border towns.
    •  Bars, churches, nightclubs, gyms, saunas, swimming pools and hair-salons, will stay closed for another 21 days
    •  Shops selling general merchandise allowed to open provided they are not in shopping malls, arcades and food markets.
  • 1st JUNE 2020

    •  Easing to start except for border towns. Airports & borders remain closed.
    • Public transport to resume with half passenger capacity on 4th June except for border towns.
    •  Bars, churches, nightclubs, gyms, saunas, swimming pools and hair-salons, will stay closed for another 21 days
    •  Shops selling general merchandise allowed to open provided they are not in shopping malls, arcades and food markets.
  • 18th MAY 2020

    • Lockdown extended by 14 days until 2nd June 2020. Easing to start in 2 weeks after free mask distribution
    • Private cars allowed to move from 26th May. Maximum 3 occupants with masks.
  • 4th MAY 2020

    • Lockdown extended by 14 days until 19th May 2020.
    • Laywers, Wholesale merchants,Hardware shops,  Mechanics, metal, and woodwork workshops allow to operate.
  • 14h April 2020

    Uganda lockdown extended by 21 days until 5th May 2020.All previously announced measures stay in place 

  • 30th March 2020

    • 14 day lockdown effective 31st March and daily curfew from 7:00pm - 6.30am.
    • Cargo movement and essential services allowed to operate 
  • 21st March 2020

    • Uganda records her first case of the Coronavirus.