Uganda News

Museveni appoints a committee to oversee exports and industrial growth.

President Yoweri Museveni has stated that in order to encourage commerce and growth, the Uganda National Chamber of Commerce and Industry (UNCCI) and KACITA, a business assistance organisation in Uganda, must sort out their respective business duties.

“KACITA is a commercial organization. They purchase from others and transport to this location. Our goal is to perform our own production, import substitution, and export promotion in order to achieve tangible economic transformation,” he explained.

Museveni today launched the Presidential Advisory Committee on Exports and Industrial Development (PACEID), which will seek to build consensus among key government institutions, the private sector, exporters, producers, legislators, technical staff, and all levels of government on deliberate actions to make exports a key growth weapon.

“I will also assist and strengthen the Uganda Air Cargo Corporation in its efforts to deliver our exports around the region and beyond,” he said.

Uganda Air Cargo is Africa’s largest C-130 operator and the continent’s second largest, providing dependable, high-quality cargo service to regional and worldwide clients.

He praised what he called “volunteers and patriotic Ugandans” who consented to come in and fill the holes, a job that the Ministry of Trade should have done.

“It’s encouraging that the stakeholders are becoming more involved. “You can be more confident if something has been built by stakeholders,” he remarked.

Museveni used a local proverb to imply that if a cow owner doesn’t know what to deal with his cow, the vet wastes his time.

“We now have both the veterinarians and the owners,” said the president, referring to a newly formed group tasked with increasing Uganda’s overall exports from $6.6298 billion to $12 billion by 2026.

Beef, cement, grains and pulses, flowers and plants, fish, coffee, steel, animal feeds, tourism, bananas, poultry, and sugar are among the private sector stakeholders on the committee.

Members of the public sector technical support staff are also included.

While the government’s strategic initiatives such as the Plan for the Modernisation of Agriculture (PMA), OWC, NAADS, and others have resulted in increased agricultural and industrial production, the country’s presence in regional and international markets is still limited, according to presidential advisor for special duties Odrek Rwabwogo.

“The PACEID does not create a new institution; rather, it uses administrative interventions to rejuvenate existing institutions that may be underperforming for various reasons,” he explained.

The group, according to Rwabwogo, will serve as a think tank for the president, advising him on strategic and systematic interventions aimed at promoting export growth and industrial development for national change.

Frank Tumwebaze, the Minister of Agriculture, and David Bahati, the State Minister for Trade, Industry, and Cooperatives, were among those who attended the meeting.


Related Articles

Leave a Reply

Your email address will not be published.

Back to top button