Corruption has long been a cancer on Uganda's socio-economic development, stifling progress in various sectors. To combat this issue, the government has turned to technological solutions.

On December 13, Ugandan President Yoweri Museveni officially inaugurated the Electronic Investor Protection Portal (EIPP) at his residence in Entebbe. This new portal is designed to safeguard the interests of investors and combat fraudulent activities by establishing a direct channel of communication with the President's office.

Commending the initiative, President Museveni indicated the EIPP would play a key role in combatting corruption and misinformation. “I [...] congratulate Col. Edith Nakalema and her team for successfully leveraging technology and launching the Electronic Investor Protection portal, which serves as a crucial tool in safeguarding the interests of investors. I wish them good luck,” he wrote on X, formerly Twitter.

Managed by the State House Investor Protection Unit (SHIPU), the platform provides a range of services. These include offering advice to investors through direct access to verified government sources, a comprehensive reporting mechanism for investor inquiries and complaints, rigorous enforcement and follow-up procedures for reported issues, a conduit linking investors to pertinent ministries, departments, and agencies, and language features catering to the diverse linguistic needs of investors.

The introduction of this portal aligns with President Museveni's commitment to fostering a conducive environment for investors, shielding them from unwarranted corruption and bureaucratic hurdles. It comes at a time when corruption is on the rise in the country. According to Transparency International's Corruption Perceptions Index 2022, Uganda ranks 142nd out of 180 countries in terms of corruption control.

Samira Njoya