Rwakakamba, Opolot named to new Uganda Investment Authority board

Morrison Rwakakamba Fenix International Fred Opolot Morrison Rwakakamba Fenix International

Former Executive Director of Uganda Media Centre (UMC) Fred Opolot is among the people that have been appointed to the new board of the Uganda Investment Authority (UIA).

The naming of the new UIA board comes after Finance Minister Matia Kasaija said their predecessors would be relieved of their duties effect April 1 following the presidential assent to the new Investment Act.

President Yoweri Museveni on February 20 assented to the Investment Code Act 2019, which in essence put in place new measures leading to the dissolution of the UIA board.

The code in part seeks to reduce the number of UIA board members from the current 13 to seven.

A Public Affairs and Communication Consultant, Fred Opolot has also previously served as the head of Public Diplomacy and Spokesperson for the Ministry of Foreign Affairs.

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Also appointed to the board, which will be headed by Emily Kugonza, is Morrison Rwakakamba who in January was appointed  Global Senior Director of Policy at Fenix International, Naima Ombambasa, Gertrude Lutaya, and Godfrey Byamukama Kerere.

According to State Minister for Privatisation and Investment Evelyn Anite, “the critical assignments for the Board will include revamping infrastructure in industrial parks and restructuring the UIA secretariat (appointing Director General).”

“Board will also move quickly to promote & facilitate investments necessary to create much-needed jobs in Uganda,” she said.

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