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 …
National Industrial Policy 2020 Launched
Today 4th May 2020,the Ministry of Trade, Industry and cooperatives with support from UNDP launched the National Industrial Policy (2020) and the National Industrial Sector Strategic Plan (FY 2020/21 – FY 2024/2025). It was officially launched by the Prime Minister of Uganda Hon. Dr. Ruhakana Rugunda. In his remarks,the Prime Minister said that Uganda’s quest for industrialization is also fully highlighted in the Vision 2040 and the five-year National Development Plans (NDPs). The third National Development Plan (NDP III) prioritizes industrialization as a key driver for Uganda’s prosperity in line with the Vision 2040.The overall theme of the NDP-III is …
Launch of the National Industrial Policy
The Launch of the National Industrial Policy is set for 4th May 20121.The Rt. Hon.Dr. Ruhakana Rugunda the Prime Minister of Uganda will officiate the Launch. …
REST IN PEACE KASULE ABDUL
The Ministry woke up to thesad news of the passing on of the Ag. Commissioner Internal Trade Mr. Abdul Kasule on 2nd May 2021. Mr. Kasule was involved in a car accident that claimed his life. He will be laid to rest today 3rd May 20121 2:00pm at his home in Sanga,Matugga. Mr. Kasule has been heading the Internal Trade department since the retirement of Mr. Agaba Raymond.Staff at the Ministry have Eulogized Mr.Kasule as a humble but great leader who took his work seriously and did it with diligence.Mr. Kasule worked at the Uganda Investment Authority before joining the …
DISCLOSURE OF ENVIRONMENTAL AND SOCIAL IMPACT ASSESSMENT (ESIA) REPORTS FOR MPONDWE BORDER EXPORT ZONE, MPONDWE ONE STOP BORDER POST AND RESETTEMENT ACTION PLAN (RAP) FOR LHUBIRIHA MARKET IN KASESE DISTRICT AND BUNAGANA ONE STOP BORDER POST IN KISORO DISTRICT
The Government of the Republic of Uganda (GoU) through the Ministry of Trade, Industry and Cooperatives (MTIC) in collaboration with other government agencies with support from the World Bank is implementing the Great Lakes Trade Facilitation Project (GLTFP). The project aims at facilitating cross-border trade by increasing the capacity of commerce and reducing the costs faced by traders, especially small-scale and women traders, at targeted border points of Mpondwe, Bunagana and Goli. The project also aims at improving regional trade infrastructure and in particular remove both at and behind border constraints to regional trade. At Mpondwe border, the project will …
LAUNCH OF THE CONSTRUCTION OF ORABA BORDER EXPORT ZONE
Hon. Amelia Kyambadde Minister for Trade launched the construction of Oraba Border Export Zone on 5th August 2020.The Border Market is one of the priority areas adopted by the National Development Plan II, National Trade Policy, and the NRM Manifesto that will enable Uganda promote regional trade. Oraba is a very peaceful place,good security and very convenient for business making it the perfect location for the market project that will help the people of Koboko.Its is situated 2km from South Sudan and 26km from DRC with a population of 208000 people. The project will help increase and fasten cross border …
LAUNCH OF THE CONSTRUCTION OF BUSIA BORDER EXPORT ZONE
Busia Border Export Zone construction has been launched by Hon.Amelia Kyambadde Minister for Trade Industry and Cooperatives.In her remarks,the minister mentioned that exports to Kenya through Busia and Malaba majorly comprise of agricultural produce (beans, maize, millet, sugar, fish, and banana and industrial products). These products are commonly exported in their raw form without any kind of value addition.She highlighted that the Busia Border Export Zone is envisaged to have these outcomes; Increase in export earnings as a result of improved trade infrastructure and capacity building to the cross border traders. Increase in value addition as a result of the …
Ministry of Trade Gets Shs 3.5B to Mitigate Non-Tariff Barriers
TradeMark East Africa (TMEA) has agreed to extend a $1.4m (sh3.5m) grant to the ministry of trade, industry and cooperatives to help government eliminate the Non-Tariff Barriers (NTBs) currently constraining the flow of trade across the region. The partnership agreement was signed by the trade minister Amelia Kyambadde and David Stanton, the TMEA deputy chief executive officer at function held at the ministry last week. The money will finance and strengthen operations of ministry’s National Monitoring Committees (NMCs) on NTBs as it advocates for mitigation of hurdles to trade at both national and regional levels. The project focuses on improving …
Trade Minister Kyambadde Looks to Youth for Economic Development
Uganda’s minister of trade and industry, Amelia Kyambadde is targeting youth in the NRM Manifesto and National Development Plan, she has said. The 57-year-old minister made an open appeal for the mentoring of youth – who she said make up the largest population of Uganda – to enhance their participation in economical development of the country. She was attending the Junior Achievement Expo at Uganda Manufacturers’ Association (UMA)’s main exhibition hall last weekend. Estimated statistics place 56% of Uganda’s youth as being under 18 years of age. The trade event was targeted at acknowledging excellent performance from various players that …
Traders Advised to Shift Focus on Regional Trade
Uganda is now prepared to increase trade with the continent’s regional blocs after it became apparent that it can reap just as much or even more from regional intra-trade than with its traditional trade partners in the EU and the Asian markets. The Trade minister, Amelia Kyambadde said she is committed to ensuring that Uganda fully takes advantage of regional intra-trade through provision of inducement. Speaking early this week at the Comesa Business Forum, Ms Kyambadde said: “We have for long focused on foreign investors, it is high time we started looking at indigenous trade because its impact can be …
