The Minister for Trade, Industry and Cooperatives, commended MUBS for the great work done in providing Skilled Human resources required in the development of trade. Hon. Amelia Kyambadde made remarks at opening of the 21st Annual International Management Conference at MUBS on September 13, 2016.The conference was organized under the theme: “African Business and Development in the Global Economy”.
She highlighted the position of Uganda and Africa in world trade, opportunities and challenges that the Ugandan government has taken to promote trade. She challenged academicians to work with government to come up with interventions to promote Uganda’s exports .
Kyambadde also mentioned that challenges like infrastructure, institutional governance, export of primary products and unemployment were hindering development in the country. To over the mentioned challenges, the Minister advised Ugandans to fully embrace regional markets; Kenya, Sudan, Rwanda, DRC, Tanzania as well as the European Union markets. We should
not run away from our main export products which are agricultural based. However, we can transform our economy through standard railway gauge, trade facilitation initiatives, customs territory, export process zones/free zones, have at least 1000 mgws in the next 5 years by working on Karuma, Isimba, the mini-hydros and, the geo-thermal in lake Katwe