PSFU commits to support Music Industry, calls for faster implementation of Copyright Law

Private Sector Foundation Uganda, the umbrella body for private sector players has highlighted its commitment to supporting the Music Industry and wider Creative Economy as it believes this Industry can contribute greatly to Uganda’s transformation.& Speaking at the 2024 Uganda Performing Right Society (UPRS) Annual General Meeting held at the URSB Auditorium, Mr Daniel Kazibwe aka Ragga Dee, the PSFU Board Member representing Creatives and also a legendary musician noted that PSFU aims to catalyze the creative sector to create work opportunities for young people. He mentioned that they are doing this through several initiatives such as National Start-Up Policy.& ZedShots “PSFU has played a significant role in supporting the development of the National Startup Policy, which addresses challenges in the creative industry, particularly those faced by the Uganda Performing Rights Society (UPRS) and other stakeholders. This policy encourages startups to innovate and collaborate, which UPRS can leverage to develop new strategies for efficient royalty collection and distribution, such as Song Boost.,” Mr Kazibwe said, adding;  “The policy requires startups to allocate at least 30% of their budget to R&D, encouraging UPRS to partner with tech startups to create advanced systems for tracking and managing royalties. It also emphasizes stakeholder...