Author: mtic

Minister of Trade, Industry and Cooperatives Hon. Amelia Kyambadde attended the Tax payers Appreciation week 2018 at Kololo Independence Grounds and gave accountability to taxpayers. She made a presentation on the performance of the sector, attended to stakeholders for more than one in the Ministry tent addressing the challenges that were raised by the taxpayers, and toured exhibition tents at Kololo. Among others, the Ministry exhibited the juice made by Soroti Fruit Factory; the Teju Juice supported by Uganda Development Corporation  UDC an agency under the Ministry of Trade. The Ministry exhibited the NTB reporting system, the Trade portal and …

More than 100 IT companies are benefiting from a new project aimed at strengthening the competitiveness of micro, small and medium-sized enterprises (MSMEs) in Uganda’s information technology (IT) and IT-enabled services (ITES) sectors. The Netherlands Trust Fund IV (NTF IV) project seeks to address wider challenges facing Uganda’s nascent tech industry, including scaling up its competitiveness. The NTF IV project was officially launched in Kampala by the Executive Director of the International Trade Centre (ITC) Arancha González together with the Minister of Trade Amelia Kyambadde. The NTF IV programme is targeting Ugandan MSMEs active in Enterprise Software; Mobile Applications, and …

Brief on Cement Prices – 10th April 2018 Introduction Recently cement prices have been rising due to the scarcity of cement on the market Old prices Factory Price:  25,000 – 27,000 Wholesalers:   28,000 – 29,000 Retail Price:    30,000 – 31,000 Current Prices: Factory price:   29,000 – 31,000 Wholesalers:     34,000 – 35,000 Retail price:      36,000 – 40,000 Meeting with cement manufacturers and wholesalers On Tuesday 10th April 2018 I met the 3 cement manufacturers (Hima cement, Tororo cement & Kampala cement) and the wholesalers to establish the exact cause of the increased prices and to devise solutions. Causes of increased prices raised by the …

On 9th April 2018,The Ministry of Trade, Industry and Cooperatives of the Republic of Uganda and the Ministry of External Trade of the Democratic Republic of Congo desiring to promote trade between the two countries through improved trade facilitation, enhanced cross border investments and trade promotion signed a Memorandum of Understanding establishing a bilateral Framework for enhancing cross border trade. Objectives of the MOU The parties shall develop the economic cooperation to contribute to; Creation of favorable conditions for sustainable development and diversification of trade in goods and services Promotion of cross border trade and investments Elimination of Non-Tariff Barriers …

The Republic of Uganda and the Democratic Republic of  Congo (DRC) held a  bilateral meeting on the promotion of cross border trade  from 5-8 April 2018 at the level of technical experts. The meeting followed a decision of the Ministers in charge of Trade for Uganda and the Democratic Republic of Congo held on the side-lines  of the Africa Continental Free Trade Area (AfCFTA) meeting in Kigali in March 2018 that the countries should hold a bilateral meeting in Uganda in April 2018. The meeting was held under the auspices of the Great Lakes Trade Facilitation (GLTF) Project which the …

The Ministry of Trade, Industry and Cooperatives is hereby informing the General Public that Government has not taken any decision to declare any Savings and Credit Cooperative Societies (SACCOs) illegal or dysfunctional, as reported in the New Vision issue of Tuesday, April 3, 2018.Currently, the Ministry of Trade, Industry and Cooperatives in collaboration with the Ministry of Finance, Planning and Economic Development are implementing the Project for Financial Inclusion in Rural Areas (PROFIRA). Through the project, the two Ministries are conducting a verifi cation exercise on the functionality of all SACCOs in the country.Through PROFIRA, a SACCO census has been …

Your Excellency, Mr. Zheng Zhu Qiang, the Chinese ambassador,Government officials, The Business Community of China and Uganda, Members of the Media Fraternity, Ladies and Gentlemen I take this opportunity to welcome you to the second breakfast meeting with the Chinese business community in Uganda. The First one was held sometime back in 2015. This forum is an initiative of the Ministry of Trade, Industry and Co-operatives whose main aim is to provide an opportunity for the Government MDAs and the Chinese Business Community in Uganda to interface so as to enhance trade and Investment and further strengthen the cordial relationship …

On 18th January 2018,the ministry held a breakfast meeting with the Indian business community This forum is an initiative of the Ministry of Trade, Industry and Co-operatives whose main aim is to provide an opportunity for the Government MDAs and the Indian business community in Uganda to interface so as to enhance trade and Investment and further strengthen the cordial relationship between the two countries. The meeting was to enable us come together with the purpose of achieving in particular the following: Inform the Indian business community about measures being undertaken by Government to improve the doing business environment in …

Uganda is one of the 51 countries set to benefit from UGX 76.68 billion (USD$21.3 million) grant that the United Kingdom has pledged towards the Enhanced Integrated Framework (EIF), an innovative global trade programme that brings together partners and resources to support Lest Developed Countries in using trade for poverty reduction, inclusive growth and sustainable development. UK made the announcement during a meeting for the Enhanced Integrated Framework on the sidelines of the ongoing 11th WTO Ministerial Conference in Buenos Aires, Argentina. Announcing the commitment on 12th December 2017 in Buenos Aires, the Minister of State for Trade Policy, Department for International …