The Trade sector is one of the key sectors that contribute to the economic development of the country. Every year sector stakeholders meet at a conference to review the performance of the Sector and also establish feasible interventions and strategies to boost the Sector.This year’s Sector Review is organized under the theme “Promoting value addition and competitiveness in export growth”.
The theme emphasizes the contribution of Value addition and competitiveness towards reducing the balance of payment deficit in the Country. It also stresses the need towards realization of the
objectives of the Sector Development Plan, the NRM Manifesto, the National Development Plan II and the Vision 2040; all aimed at ensuring ustainable socio-economic transformation of Uganda.

I welcome you to this occasion of signing a Memorandum of Understanding (MoU) between the Ministry of Trade, Industry and Cooperatives (MTIC) and Financial Sector Deeping Uganda (FSDU). The partnership between the Ministry and FSDU is a demonstration of the Ministry’s commitment to build networks and collaborations to harness synergies and complementarities that can be found in different institutions and agencies to promote its mandate.

Ministry of Trade, The Uhuru Institute Sign MoU to Promote Agribusiness Productivity among Cooperatives & Citizen Collectives

The Ministry of Trade, Industry and Cooperatives (MTIC), and The Uhuru Institute for Social Development (TUI) will on 8 September 2017 sign a Memorandum of Understanding (MoU) to enhance production and productivity in agribusiness, among cooperatives and other citizen collectives.

Uganda is endowed with abundant natural resources, variety of marketable agribusiness products, an enterprising youthful population, and the potential of becoming the most competitive market in the great lakes region. But the use of primitive technologies, subsistence farming, limited knowledge and small scale farm units, and poor access to markets, dilapidated storage structures and exorbitant transport costs, among others undermine this potential.  

Recognizing the significant role that cooperatives and other citizen collective formations play in the agribusiness value chain, MTIC and TUI pledge to support them in the areas of:

  • reconstruction of storage facilities,
  • improving access to competitive markets,
  • development of collective drying platforms in villages,
  • acquisition of food processing technology for value addition,
  • access to affordable transport, and competitive markets,

“We recognize the need for MTIC and TUI to cooperate and partner towards maximizing our complementary capacities and functions in promoting the role of cooperatives and other citizen collectives in expanding our market competitiveness in the region and beyond,” said Leonard Okello, the CEO of TUI.

MTIC undertakes to:

  • Provide strategic leadership in designing, and roll out of this partnership.
  • Support the TUI cooperative profiling initiative.
  • Create necessary linkages to relevant government agencies.
  • Support negotiations for the necessary technical capacity in value addition.
  • Institute a favourable policy framework.

TUI undertakes to:

  • train cooperatives and other farmers’ associations.
  • supporting redeveloping of cooperative & farmer’s storage capacity.
  • support in the development of reliable marketing infrastructure.
  • advocate for appropriate government policies and investment.

MTIC and TUI will jointly mobilise resources for the initiatives aforementioned, through an effective public private partnership. The MoU is valid for 3 years, renewable.


About the Ministry of Trade, Industry and Cooperatives

The Ministry of Trade, Industry and Co-operatives is the Government of Uganda Agency mandated with developing the trade infrastructure, identifying and negotiating strategic trade agreements, coordinating industrial growth, and leading the growth of productive market oriented Co-operatives Societies, for sustainable development for Uganda.

About The Uhuru Institute for Social Development

Founded in 2013 on social business and supportive cooperative principles, The Uhuru Institute for Social Development offers a variety of products and services geared towards driving Ugandans in taking a center stage in realizing holistic socio-economic development. We offer a 360 degrees’ solution to cooperatives, and other informal forms of collective organizations.

On Thursday 31st August 2017, the Ministry of Trade, Industry and Cooperatives Hon. Amelia Kyambadde paid a visit to Uganda Fishnet Manufacturers Ltd to ascertain the quality and capacity of the factory to supply fishnets to the Ugandan market. The Minister’s visit follows the May 2017 12 month ban on the importation of all fishnets and other fishing gears in order to control sub standard fishnets and a presidential directive to allow only fishing nets made in Uganda.

Speaking after a tour of the factory in Luzira, Hon. Kyambadde commended Uganda Fishnets for the quality fishnets produced and said she was convinced that they had the capacity to supply the Ugandan market.

The General Manager of Uganda Fishnets Ltd Mr. Nitin Survana told the Minister that their current capacity is 860,000 fishnets annually and the production is expected to increase to 1.2 million nets per annum when they finish installing the new equipment. The new equipment is expected to be installed in October this year.

Uganda Fishnets Manufacturers Ltd is one of the only 2 fishnets factories in Uganda.


Uganda to start Diaspora Investment Fund to tap Diaspora funds for industrialization

Ministers of Industry from the 19 Member States of the Common Market for Eastern and Southern Africa (COMESA) have unanimously approved the COMESA Industrial Strategy with emphasis on local content as the stimulus for industrial growth in the region. This was during a meeting of Ministers of Industry from the COMESA Member States which took place in Lusaka, Zambia on Friday 8th September 2017 under the theme “Inclusive and Sustainable Industrialization”.

While opening the meeting, the Minister of Commerce, Trade and Industry for the Republic of Zambia Margaret Mwanakatwe underscored the transformative role of industrialization in employment creation, poverty reduction and enhanced regional trade. She noted that despite the tremendous potential in the Member States, the share of manufacturing value added in the COMESA region is still far below other economic blocks, such as the Association of South East Asian Nations (ASEAN) and the European Union (EU). Mwanakwate stressed the importance of political will and inclusiveness in implementing successful industrialization.    

 Uganda Export Promotion Board Uganda Warehouse Receipt System Authority Management Training and Advisory Centre Uganda National Bureau of Standards Uganda Industrial Research Institute