KAMPALA, UGANDA: The Uganda Registration Services Bureau (URSB) and the Presidential CEO Forum (PCF) have committed efforts to strengthening collaboration to accelerate private-sector growth and the formalisation of Uganda’s economy.
The commitment was reaffirmed during a Thursday courtesy visit by the Registrar General, Mercy K. Kainobwisho, to PCF Chief Executive Officer Irene Birungi Mugisha at the Uganda Business Facilitation Centre in Kampala.
During the visit, Ms Kainobwisho affirmed URSB’s strategic focus on formalising businesses as a foundation for economic transformation, noting that structured enterprises are key to unlocking access to credit, intellectual property protection, and sustainable growth.
She emphasised that strengthening regulatory frameworks, enhancing business registration systems, and promoting business rescue mechanisms are critical to building investor confidence and improving competitiveness within Uganda’s private sector.
“Our conviction is that formalising the economy through business registration, intellectual property protection, access to credit, and strong regulatory frameworks is essential for achieving the private sector confidence required for Uganda’s development goals,” Kainobwisho noted.
PCF CEO Irene Birungi Mugisha welcomed the engagement, describing it as timely and reflective of the strong working relationship between the two institutions.
She commended URSB for its continued support towards private sector development initiatives and reaffirmed PCF’s commitment to deepening collaboration.
The two entities agreed to develop and operationalise a Memorandum of Understanding (MoU) that will define priority areas of cooperation and guide joint implementation strategies.
The partnership is expected to focus on advancing business formalisation and strengthening Uganda’s private sector in line with the government’s ten-fold economic growth strategy.
The collaboration comes at a time when Uganda is intensifying efforts to transition towards a more structured and competitive economy driven by innovation, compliance, and private sector-led growth.
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