News Update
JIT MAT (U) LTD Strengthens Investor Confidence and Reaffirms Commitment to Investing in Uganda
On 6th January 2025, JIT MAT (U) LTD officials, including David Moller (CEO), Judith Tushemerirwe (Operations Director), and Mike Kirungi (Company Secretary), met with Col. Edith Nakalema, Head of the State House Investors Protection Unit, and Col. Deo Akiki of the Uganda Peoples Defense Force (UPDF) in Kampala, Uganda. This pivotal meeting underscored JIT MAT’s commitment to fostering a secure, transparent, and ethical investment environment while reaffirming its dedication to significant investments in Uganda’s economic growth.
The discussions, led by Col. Edith Nakalema and Col. Deo Akiki, focused on addressing key challenges faced by investors, including the importance of robust investment protection measures. JIT MAT shared its plans to expand its investments, building on its upcoming Sweet Sorghum Transformation initiative in Burundi, and introducing similar impactful projects in Uganda. These efforts will focus on sustainable development, job creation, and innovation.
As part of these plans, Assistant Director at the Uganda Investment Authority, Mr. Peter Muramira, was asked to expedite the process for land allocation for the Sweet Sorghum project and fast-track all necessary prerequisites, including the public-private partnership procedures, within the shortest time possible.
JIT MAT (U) LTD values the vital role that the State House Investors Protection Unit, the Uganda Peoples Defense Force, and the Uganda Investment Authority play in ensuring a secure investment climate and protecting investor interests. The company looks forward to further collaboration with these institutions, fostering long-term partnerships to drive economic transformation in Uganda and the broader region.
Stay connected with us for updates on JIT MAT’s continued journey of growth and investment in East Africa!as
