Hon.Bahati calls for increased participation of Africa in global trade
The Minister of State for Industry, Hon. David Bahati has called for increased participation of African countries in global trade if prosperity for all is to be achieved. Bahati noted that the current global trade of over $18 trillion Africa contribution is less than 3% while intra Africa trade is less than 16% compared to intra EU trade 67%, North America 58% and Latin America 20%. The Minister made the remarks at the United Nations Conference on Trade and Development (UNCTAD15), where he delivered Uganda’s Statement on Wednesday 6th October 2021 on the topic; “Reshaping Global and Regional Value Chains”. …
Uganda holds National Consultative Dialogue to set the Agenda for the UN Conference on Trade and Development
Uganda has held its National Consultative Dialogue to set the development agenda for the 15th Session of the United Nations Conference on Trade and Development (UNCTAD). The Dialogue was held on Tuesday 28th September 2021at Protea Hotel, Kampala under the theme: “Enhancing Public and Private Investments in Uganda to build resilient Value Chains for enhanced access to international markets”. The objectives of the dialogue was to discuss the national position on the UNCTAD agenda for 2021-2025. The Dialogue was organized by the Ministry of Trade, Industry and Cooperatives in partnership with the Office of the UN Resident Coordinator and United …
Hon. Mwebesa pledges support to the Private Sector
The Minister for Trade, Industry and Cooperatives, Francis Mwebesa has said he will work with the Ministry of Finance, Planning and Economic Development and National Planning Authority to strengthen the Private Sector Foundation Uganda (PSFU). He noted that since Uganda is a private sector led economy, then it is critical in driving Uganda to a middle income status in line with Uganda Vision 2040 and the NRM Manifesto. Mr. Mwebesa said his key agenda as the Minister for Trade, Industry and Cooperatives is to build a middle income class of traders and industrialists. Hon. Mwebesa made the remarks on Friday …
1ST INTER MINISTERIAL MEETING ON EXPO 2020 DUBAI
On 21st September 2021, the Minister of Trade, Industry and Cooperatives chaired the 1st Inter ministerial meeting on Expo 2020 Dubai. The Meeting was attended by Hon. Frank Tumwebaze, minister of Agriculture, Animal Industry and Fisheries, Hon. David Bahati the Minister of State for Industry, Hon Harriet Ntabazi, the Minister of State for Trade, the PS’s for the Ministries of Agriculture, Animal Industry and Fisheries, Ministry of ICT and National guidance and representatives from the Ministry of Foreign affairs, Ministry of Tourism, Ministry of Finance and National Planning Authority. The Expo is scheduled to run from 1st October 2021 to …
MINISTERS OF TRADE INDUSTRY AND COOPERATIVES VISIT EAST AFRICAN MEDICAL VITALS FACTORY
Hon Mwebesa Francis, Minister for Trade, Industry and Cooperatives and Hon David Bahati, Minister of State for Industry today went on a guided tour to the East African Medical Vitals factory, a Plant that produces medical consumables, particularly surgical and examination gloves. The ministers were accompanied by the Ag. Commissioner Industry and Technology Denis Ainebyona and the Executive Director Uganda Development Corporation Dr. Patrick Birungi.The factory is located at Namanve Industrial and Business Park in Mukono district. Hon. Mwebesa commended East African Medical Vitals for taking up the initiative to locally produce affordable medical sundries for the country. He said …
Ministers of Trade,Industry and Cooperatives Meet European Union Ambassadors
The Minister for Trade, Industry and Cooperatives, Hon. Francis Mwebesa has said the African Continental Free Trade Area (AfCFTA) is an important milestone for Uganda and that Government is working on domestically positioning itself to fully harness the market. Mr. Mwebesa made the remarks during a meeting with the European Union (EU) Ambassadors led by H.E. Attilio Pacifici on Friday 10 September 2021 at the Ministry of Trade Offices to discuss trade cooperation between Uganda and the EU. According to Mr. Mwebesa, harnessing the AfCFTA is largely dependent on strong and efficient public sector institutions, a strong and vibrant private …
Hon. Mwebesa calls for removal of Non tariff Barriers to enhance Bilateral Trade between Uganda and Kenya
The Minister for Trade, Industry and Cooperatives, Hon. Francis Mwebesa has called for the removal of Nontariff Barriers that are a hindrance to trade between Uganda and Kenya. He noted that Kenya and Uganda are strong economic partners with both depending on each other as strategic export markets. ‘As much as we talk of the positive trade performance between Uganda and Kenya, notable challenges in terms of Nontariff barriers on trade have been recorded in recent years’, he said. Hon. Mwebesa made the remarks at the opening of the Kenya-Uganda Agribusiness Symposium and Exhibition on Wednesday 8th September 2021 in …
Hon. Gume Fredrick Ngobi Commissions Kigezi Growers Cooperative Unions’ Building in Rukungiri
The Minister of State for Cooperatives, Hon. Gume Ngobi Fredrick, has this morning presided over the commissioning of a commercial building of Kigezi Growers Cooperative Union in Rukungiri Municipality, Rukungiri district. Hon. Gume urged the group to ensure accountability and transparency of Union funds, proper utilization of War Loss Claims compensation, and diversification in other non-traditional crops. The Chairman of Kigezi Cooperative Union, Didas Mugisha, thanked Government through the State Minister for Cooperatives, Hon. Gume Fredrick Ngobi for part compensation of 3 billion shillings the group received recently for property lost during the NRA war. Kigezi Cooperative Union is an …
REGISTRAR OF COOPERATIVES RELEASES LIST ON NEW AUDITORS 2021/2022
The Registrar of cooperatives has released the List of authorized auditors to audit SACCOS for the FY 2021/2022 Download list:External Auditors for Cooperative Societies 2021 2022 …
PRESS RELEASE : KENYA HAS NOT CUT UGANDA’S SUGAR EXPORT QUOTA
I refer to the Article entitled “Kenya cuts Uganda’s sugar export quota by 79 per cent” that was published in The Daily Monitor on 27th August 2021. In the Article, it is claimed that Kenya has cut Uganda’s Sugar Export Quota by 79 percent, from 90,000MT annually to 18,923 MT. The Article is a misrepresentation of facts. And the author did not seek input from the responsible Government institutions before publication. To put the record straight, I wish to point out the following: Uganda’s sugar export to Kenya is governed by two regimes: under the COMESA Kenya Sugar Safeguard, and …
