On  Wednesday   10th May 2017, Hon. Amelia Kyambadde  the Minister of Trade Industry and cooperatives  attended Dinner  with the Swedish business community in Uganda at the residence of the Swedish ambassador in Uganda.

The dinner brought together Swedish companies in Uganda and Ugandans doing business in Sweden.

Issues raised to the minister included issues on difficulties in accessing finance, delays in clearing at URA,need for  incentives for the local investors and  need for clearer tax information.

In response the minister assured the Swedish community that the  government of Uganda is committed to continously improving the doing business environment in Uganda.

She informed them that URA was continouly digitalising its services in a bid to improve service delivery. She also Urged them to use NTB reporting system  on *201# whenever they encounter challenges for prompt solutions.

She encouraged  them to also invest in Agro business and in value addition.

 

On Friday 12th May 2017, the Minister of Trade, Industry and Cooperatives Hon. Amelia Kyambadde officially briefed the press  together with the leaders of sugar Manufacturers Associations on the increasing sugar Prices and government position on the same.

The press briefing followed  a meeting  with the Sugar distributors, wholesalers,retailers and the sugar millers.

In the statement;the government urged the millers to ensure that the factories maintain normal production. In this regard, Kakira sugar resumed normal production  on  12th May 2017 and postponed its regular maintenance.

Lugazi sugar  also agreed to postpone its maintenance program from June to October 2017 so that normal sugar production is maintained. With improved rains, the millers expect normal supply of sugar cane from the out growers to normalize which  will result into increased sugar production

The minister informed the Press that Kenya and Rwanda have obtained duty remission import of 100,000 and 70,000 MT respectively which willl address the regional shortage that has partly contributed to the problem.

The Ministry will continue to monitor sugar supply stocks from millers, distributors and retailers to ensure that the retail price of sugar does not exceed UGX 5,000 per kilogram.

Millers shall provide the Ministry with monthly stock levels and streamline distributing of sugar to their registered agents.

The Millers pledged to give priority to the domestic market so that the consumers are assured of a stable sugar supply.

Conclusion

With the above position, the Ministry is convinced that the sugar supply situation should stabilize by the end of May 2017 and market speculation should not arise.

The Ministry, therefore, strongly condemned any continuous hoarding and speculation in the sugar market in the country.

In her statement,the Minister stressed that if the malpractices persist, the Ministry will be compelled to revoke trading licenses of the culprits.

The Ministry will closely monitor the sugar market situation and will take alternative measures to ensure that stability in the sugar market prevails.

Read full statement:

IMPLEMENTING H.E THE PRESIDENT’S DIRECTIVE TO STOP ILLEGAL FISHING ON THE LAKES OF UGANDA

Government has noted with serious concern the depletion of the fisheries resources in the country due to illegal and unsustainable fishing practices.

In accordance with the External Trade Act, the EAC Customs Union Protocol Article 22, and the General Agreement on Tariff and Trade (GATT) Article XX, and in order to address the challenges of depletion of the fisheries resources; the Ministry of Trade, Industry and Cooperatives hereby notifies the public of the following measures undertaken to streamline sustainable trade in fish and fish products:

1. Ordered the immediate ban of the importation of all fishing nets, and related inputs into the country for a period of 12 months
2. Instituted strict administrative measures for monitoring production by the domestic manufacturers and their distribution chains to ensure an adequate and sustained supply of fish nets in the country that meet the required national standards.
3. In partnership with UPDF Marines Enforcement Taskforce put in place by H.E the President, the Ministry has strengthened and intensified market surveillance to eradicate smuggling of fishing nets into the country and to impound any illegal fishing gear in the market.
4. In partnership with the UPDF Marines Enforcement Taskforce established by H.E. The President, strengthen monitoring and surveillance on all lakes to eliminate all illegal fishing gear including the locally made kokota
5. Ordered the increase of production capacities of domestic manufacturers of fishnets and related inputs to meet the domestic demand
6. Started massive sensitization of the general public about these measures.

The measures take immediate effect.

Amelia Kyambadde (MP)

MINISTER

 Read Full Statement: BAN OF IMPORTATION OF ALL FISHING NETS AND RELATED INPUTS

The Ministry of Trade, Industry and Cooperatives has Launched the Buy Uganda Build Uganda (BUBU) Action Plan that contains details of activities, time frame for implementation and Officers to deliver on the key result areas by the Ministry. In this Action Plan, the Ministry will deliver on the following; taking stock of the local producers and service providers, enhance the quality and competitiveness of local products and services, Increase the visibility of local products in local outlets, increase awareness about the BUBU Policy and others.

MINISTERS SPEECH-BUBU ACTION PLAN.pdf

The Rt.Hon.Dr Ruhakana Rugunda the Prime minister of Uganda today the 2nd of March 2017 Launched the BUBU polic,The BUBU implementation strategy and the Framework for the Implementation of  BUBU .

The main objectives of the policy is to promote the consumption and use of local goods and services, increase the local content in government procurement and create awareness for consumers to buy locally produced goods and services.

BUBU is a landmark policy, whose successful implementation will contribute to job and income creation, increase the competitiveness of our products, and consequently reduce our country’s trade deficit.

Read: MInisters Speech at BUBU Policy Launch.pdf

       Prime Ministers speech at Launch of BUBU.pdf

 

 

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