Find visitors' favorite businesstravel Hotels And.... Book your best!

Uganda Overtakes Kenya in World Bank Doing Business Index

Uganda has overtaken Kenya as the most attractive place to invest in and do business. The country rose in the “2013 Doing Business Report” jumping from position 123 (in 2012) to 120 out of 185 countries as attempts at reforming the doing business environment slowly pay off.

Kenya, East Africa’s largest economy slid from 109 last year to 121 mainly because of its inability to sustain reforms it started in the area of awarding building permits.

Uganda made major inroads in the housing sector specifically where the country strengthened its insolvency process by clarifying rules on the creation of mortgages, establishing the duties of mortgagors and mortgagees.

The other reform was clarity on defining priority rules, providing remedies for mortgagors and mortgagees, and establishing the powers of receivers. The World Bank report also indicates that Uganda also made transferring property easier by digitising records at the title registry, increasing efficiency at the assessor’s office.

Business leaders have welcomed the progress, but said a lot remains to be done for the country to turn its natural abundance to real value.

East Africa excelled with Burundi with four reforms, ranking among the 10 economies worldwide that improved the most in the past year.

Burundi is the only low-income economy on the list while Rwanda stood out for implementing 26 regulatory reforms since the report was first published.

At the top of the pile for the seventh consecutive year was Singapore. But there were also setbacks especially with tax administration as the tax man pushes to rope in more revenue from property.

David Mugaba
The New Vision Newspaper

Click here to post comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Africa Uganda Business Travel News .

Haven't yet found what you Want...?

If you haven't yet found what you were looking for or you need detailed information about the subject matter on this page


feel free to ask our business travel consultants.

Farmland for Sale
Prime Commercial Property
Entebbe Rd Land 4 Sale
Over 20 Farmland Parcels
Property & Plots of Land

Uganda Online SuperMarket
Online SuperMarket

Uganda Coffee Safari
Book My Coffee Tour

Uganda Honey
Uganda HoneyComb

Subscribe to our Business Travel Newsletter

Enter Your E-mail Address
Enter Your First Name (optional)

Don't worry — your e-mail address is totally secure.
I promise to use it only to send you Africa Uganda Business Travel News Digest.

Hotel Booking

Car RentalCar Hire

Africa Uganda Shipping & Handling ServicesShipping & Handling Services

Our Sponsorship Policy

Apple Guavas available
Africa Uganda Plants GuideAfrica Plants Guide

Charity Investment Guide
Changing Lives

Africa Uganda SMS Guide
Africa Bulk SMS

Poultry Investment Guide
Poultry Business Guide

Related Pages

Uganda Hotels Directory

Uganda Hotels Booking Guide

Houses U can buy Uganda Real Estate Guide Industrial/Farmland Deals

Uganda Real Estates Guide

The Mountain Gorilla

Uganda Safari Guide

Uganda Weather Today

Book My Hotel

Please note that all fields followed by an asterisk must be filled in.

Please enter the word that you see below.


Uganda Currency