Special Magazine 2019
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MINISTRY OF TRADE, INDUSTRY JUNE 2019 AND COOPERATIVES about investment Special Magazine 2019 Contents 06 | Foreword 07 | Editor’s Note 08 | BUBU Expo Stakeholders 26 SPEECHES 10 | Rt. Hon. Rebecca Kadaga President 12 | Hon. Amelia Kyambadde Launches 16 | Hon. Matia Kasaija Expo 18 | BUBU Facts & Figures 20 | UNBS Interview 22 | BUBU Expo 2019 Pictorial 30 | Official launch 32 | Interview: Badagawa, PSFU 34 | Cover Story 38 | SOKO Selling BUBU 39 | Alam Group 18 42 | URA’s Iconic Tower BUBU Expo 44 | Orion Transformers 2019 Pictorial 46 | BUBU Policy at a glance ADVERTORIAL 52 | UDC CORPORATE 54 | ERA: Power generation 58 | UIRI: Skilling Ugandans 60 | Lato Milk - Interview 61 | Corporate 42 63 | Cable Corporation Ltd 65 BUBU Policy | Alfasan Uganda Ltd At A Glance 66 | Blood Transfusion Service 68 | Feature: Oil & Gas Sector qqqqq 70 | Feature: Equity Financing 77 | BUBU Expo Directory BUBU EXPO 2019 5 FOREWORD EDITOR’S NOTE Foreword by President Museveni BUBU A Vital National Issue 1986, we already knew what to do to addition is a big opportunity for us as it peaking at the BUBU Expo 2019 Gala Dinner on May 09, Prime Minister change that situation because we had helps us hit many birds with one stone – Dr Ruhakana Rugunda made a thought-provoking statement. He remarked outlined our vision in The Ten-Point jobs for our people, it earns the country that failure to support our own local companies is akin to committing eco- programme. Item number five on the foreign exchange, creates more tax reve- Snomic suicide. That is definitely what Cabinet had in mind when it endorsed the list was “building an independent, in- nue, ensures food security and eventual- Buy Uganda, Build Uganda (BUBU) Policy in 2014. tegrated and self-sustaining national ly leads to social transformation. In March 2017, Dr. Rugunda officially launched the Policy and its implementation economy.” With peace and stability We are now producing electricity trans- framework. Two years later, there are some tangible fruits on the ground – as the established, we embarked on an aggres- formers locally instead of importing first ever BUBU Expo 2019 held at Kololo clearly showed. sive programme to ensure that a robust them. This is good as it is providing jobs, All indications are that BUBU is achieving its aims. private sector-led industrial sector is in leading to technology transfer and re- Countrywide, local entrepreneurs in the various sectors such as Education, health, place as a way of promoting a compet- ducing the outflow of foreign currency real estate and construction, Real Estate, Manufacturing, Agriculture, tourism itive export oriented economy ensur- to foreigners. ing value addition, job-creation, higher among others are in a relatively better situation than before. My commitment is to ensure that local household incomes and increased tax Micro, Small and Medium Enterprises (MSMEs), which form 90% of the Private manufacturers and producers are sup- revenue. Sector, are creating jobs and mitigating the problem of unemployment. What is ported in every way possible. The Army MINISTRY OF TRADE, INDUSTRY happening in textiles, beverages, leather and footwear, furniture, stationary, dairies, AND COOPERATIVES hen Uganda gained in- On March 7, 2019, I was delighted to and Police are using uniforms that are pharmaceuticals, foods and beverages, electricals is particularly exciting. dependence in October officially launch the BUBU Expo 2019 produced locally. This also applies to Ministry of Trade, Industry & Co-operatives 1962, it inherited an econ- at Kololo Independence Ceremonial other Ministries, Departments and There are not yet enough incentives for local producers and generally the capacity Farmers’ House, Plot 6/8 Parliamentary omyW with gross distortions including Grounds, which was a clear testimony Agencies which I have also instruct- of local producers and suppliers in complying with quality standards is still wanting. Avenue overreliance on a few export crops like to the big strides we have made over the ed to purchase local products for their Undoubtedly, more still needs to be done to ensure targeted intervention to address P.O. Box 7103, Kampala - Uganda coffee, cotton, tea and tobacco, as well last 30 years. In my speech, I stated that consumption. Through deliberate plans the challenges that hinder products and services from being accessed. Tel: +256 312 324000, +256 414 230916 as minerals such as copper. These were the crisis in Africa has always been that and actions we can confidently say that Email: [email protected] But there are assurances that focus is being put on identifying key challenges faced largely exported as cheap raw materials of buying from other countries and not Uganda’s march to middle income sta- Website: www.mtic.go.ug to Europe and related secondary prod- producing enough for our consumption by the goods and service providers in a bid to address issues of quality, standards tus is unstoppable. mticuganda @mtic_uganda ucts were imported back as costly fin- and to enable us participate meaning- and capacity among others. I wish to commend the Ministry of ished products. fully in international trade. There is consensus that this would propel infant industries to become big brands Trade, Industry and Cooperatives, In- PUBLISHED BY Going forward, my commitment is to I told the hundreds of exhibitors at the that are competitive in regional and international markets. vestment Review Publications and oth- Investment Review Publications Ltd ensuring that Ministries, Departments Expo that in the modern world, there Also, there is consensus that promoting industrialization is the surest route to mid- er partners for organizing the BUBU P.O. Box 25279 Kampala B4, JK Building, and Agencies lead the way by purchas- are three important people: the produc- dle income status. By working with the private sector to organize events like the Expo 2019 and for compiling this Plot No. 874 Block No. 215 Ntinda Kampal- ing locally-produced products and ser- er, the consumer and the Government. BUBU Expo, Government, the Ministry of Industry, Trade and Cooperatives plus BUBU Expo Magazine. aTel: +256 394 824049, +256 788 577499, vices. I wish to commend the Ministry The role of the Government/Public the other institutions are helping to increase public awareness of the existing high For God and My Country! +256 787 452220 of Trade, Industries and Cooperatives; Sector is to link producers and consum- quality local products and services in the market, which eventually helps to achieve Email: [email protected] Investment Review Publications and ers and to facilitate the process by the the anticipated benefits of BUBU. Website: www.investmentreviewug.com other partners for documenting the provision of security and infrastructure This publication is yet another brick that the Government is adding onto that effort. www.bubuexpo.com progress made in the trade and industry such as good roads and electricity. It is a rich compilation of images, voices and stories from the various stakeholders sectors. I am glad to note that today, Uganda and captures the pertinent issues that affect BUBU companies and institutions. LAYOUT In 2014, the NRM Government for- does not have to import essential goods Enjoy! mulated the Buy Uganda Build Uganda such as salt, cooking oil, soap, sugar, Yoweri Kaguta Museveni Anthony Etyang Policy as a way of ensuring that local milk, cement, paint, iron bars and sheets, President of the Republic of Uganda SALES & MARKETING producers are supported to get a market etc. We are currently self-sufficient in Peter Nyanzi, Editor for their products. the production of most consumer goods Investment Review Publications Ltd many of which we also export to exter- For decades, Ugandans were exporting Disclaimer: While reasonable precautions have hundreds of thousands of jobs because nal markets. been taken to ensure the accuracy of information there was no value addition as we lacked I was happy to see so many exhibitors provided; neither Investment Review Publications Limited, nor its advertisers, nor the printer can ac- the most basic of industries. adding value to agricultural products. cept responsibility for any damages or inconvenien- When the NRM came to power in As a largely agricultural country, value cies that may arise therefrom. 6 BUBU EXPO 2019 BUBU EXPO 2019 7 BUBU EXPO BUBU EXPO STAKEHOLDERS STAKEHOLDERS The Public Procurement and Disposal of Public Assets Act 1 of 2003 set up the Pub- The mandate of the Ministry of Trade, Industry and Cooperatives is: “To formulate, lic Procurement and Disposal of Public Assets Authority (PPDA) as the principal review and support policies, strategies, plans and programs that promote and ensure regulatory body for public procurement and disposal of public assets in Uganda. The expansion and diversification of trade, cooperatives, environmentally sustainable in- amendments to the PPDA law have introduced several changes prominent of which dustrialization, appropriate technology development and transfer to generate wealth is the strengthening and enhancement of the role of PPDA in the execution of its MINISTRY OF TRADE, INDUSTRY for poverty eradication and benefit the country socially and economically.” regulatory mandate. AND COOPERATIVES about investment UIRI was formally established by an Act of Parliament in 2002 to be the model in- Investment Review Publications Ltd is a media and communications firm that was stitution and regional center of excellence, for incubation of industry and pioneering founded in 2013 to enhance communication around investment in Uganda targeted industrial Research and Development activities that could elevate the level of technol- at SMEs (Small and Medium size Enterprises) and other domestic and foreign in- ogy in Uganda and the region. vestors. The Uganda Registration Services Bureau is an autonomous statutory body estab- Uganda Investment Authority (UIA) set up under the Investment Code 1991 is a lished by Chapter 210 Laws of Uganda in 1998 to provide Accessible, Reliable & statutory agency mandated to initiate and support measures that enhance investment Innovative Registration Services for a Formalized Economy.