Uganda’s corporate governance regulations were influenced by the guidelines published by the Basel Committee on Banking Supervision, based at the Bank for International Settlements, which is responsible for formulating global standards for bank regulation and governance.
The secondary sector contributed about 27.8% to GDP in the 1960s. Although this has declined somewhat to 24% currently, this is nevertheless testimony that our economy remains highly industrialised. Another major change in our economy occurred in the services sector. In the 1960s, this sector contributed about 51.8% to GDP and today it accounts for 64%.