Uganda ranked top in East Africa for openness to foreign investment
The index assesses countries according to six pillars: market depth; access to foreign exchange; market transparency, tax and regulatory environment; capacity of local investors; macroeconomic opportunity; and enforceability of financial contracts.
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The Official Monetary and Financial Institutions Forum (OMFIF) conducted extensive research using data from central banks, securities exchanges and international financial institutions.
By NewVision Reporter
Journalists @NewVision
#Uganda #foreign investment #Financial Markets Index
Uganda has been ranked top in East Africa and fifth in Africa for openness to foreign investment by Absa’s 2021 Financial Markets Index.
Absa Group Limited is listed on the Johannesburg
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