Uganda Investment Authority (UIA) board has appointed Ms Jolly Kamugira Kaguhangire as the new executive director after a two round search process that started in February 2017.
UIA board chairman, Mr Emely Kugonza made the announcement on Monday at the agency’s headquarters in Kampala. Her appointment to lead UIA is timely and important for the agency according to Mr Kugonza.
“Ms Kaguhangire’s track record of managing corporate business plans and reforms in Uganda Revenue Authority is what UIA needs at this critical time when we are beginning to implement the strategic plan 2016-2021,” he told journalists and board members.
Ms Kaguhangire has been the head of operations at URA, leading over 700 staff. She has replaced Mr Frank Sebbowa whose contract ended in October 2016. The appointment comes after Mr Sebbowa ended his four year tenure that started in 2012.
Ms Kaguhangire is the fifth executive director and second woman to lead UIA, a government agency that initiates and supports measures that enhance investment in Uganda and advises government on appropriate policies conducive for investment promotion and growth.
Jolly K. Kaguhangire attended the Uganda Convention in 2012 as a Commissioner at Uganda Revenue Authority where she discussed the reforms that URA has gone through taking advantage of technology to modernise URA services which people can pay taxes at their convenience 24hours. These includes e-tax and tax exemption. She discussed tax exemption to agro machinery, agro-processing plant or machinery or export finished goods 80% and above will be tax exempted. This also applied to people with disabilities.