Uganda says planned investments up 9.7 pct in FY 2010/11

posted 30 Jun 2011, 15:12 by Mark Torokwa   [ updated 30 Jun 2011, 15:23 ]
Jun 30 () - KAMPALA (Reuters) - Planned investment in Uganda rose by 9.7 in the fiscal year 2010/2011 (July-June) to $1.7 billion, a statement by the state-run Uganda Investment Authority (UIA) said on Thursday.

Although Uganda's economy has been thriving on the back of sound and stable macroeconomic policy that has underpinned a decade of strong growth, analysts say recent political unrest might reignite fears of instability and scare foreign investors.