What is Investment?
Investment is traditionally defined as the “commitment of resources to achieve later benefits”.
If an investment involves money, then it can be defined as a “commitment of money to receive more money later”.
Best Bank To Invest With In Uganda
Absa Bank Uganda.
Centenary Rural Development Bank.
Bank of Baroda Uganda.
Development Finance Company of Uganda Bank Limited (DFCU)
Equity Bank.
Citibank Uganda Ltd.
Bank of Africa Uganda.
Housing Finance Bank.
How much is an investment license in Uganda?
The Investment Licenses in Uganda are free of charge.
What is the minimum investment capital in Uganda?
Foreign Investors require a minimum of UGX250,000 for their investment project to qualify for an Investment License.
For domestic investors, the minimum requirement is UGX50,000.
Which bank has the best rates in Uganda?
Dfcu bank pays seven percent per annum on maximum savings. Commercial Bank of Africa Uganda (CBAU) will also pay you seven percent per annum.
Barclays Bank seems to have the best deal; it pays up to nine percent per annum if you open a savings account with them.