Museveni: SDGs a Victory Over World’s Selfishness

Museveni attending the 70th session of the United Nations General Assembly  on Monday

The Uganda Chamber of Mines and Petroleum (UCMP), viagra buy will on October 1, 2015 host over 400 delegates at the fourth Mineral Wealth Conference (MWC) in Kampala.

The two – day conference is organized in collaboration with the Ministry of Energy and Mineral Development, Ministry of Foreign Affairs, Africa Mining Network, Win Win 4 Africa Consultancy & African Legal Support Facility.

The annual MWC is East Africa’s flagship mining convention; playing a significant role in highlighting the huge untapped potential of Uganda’s fledging mining industries.

Header advertisement

Held under the theme, Minerals Value Addition: Road to Development”, the MWC 2015 is organized in line with Uganda’s Vision 2040 and the National Development Plan 2 (NDP II) which is projected to transform the country into a middle income economy.

Addressing a Press Conference on Monday, Richard Kaijuka the UCMP Vice Chairman said the country enjoys a wealth of minerals ranging from gold, copper, iron ore, vermiculite, tin, tantalite, tungsten, nickel, platinum and phosphate, among others.

“However, fully exploiting these minerals remains a work in progress as extensive exploration has not been done,” he added.

The Mineral Wealth Conference Sponsors pose for a group Photo.

The Mineral Wealth Conference Sponsors pose for a group Photo.

According to the Uganda Chamber of Mines and Petroleum, to establish a large scale mine by world standards, at least $5m to $100m is needed in the exploration process, from discovery to proving feasibility.

However, due to a fall in metal prices and a global economic downturn, exploration expenditure has plummeted by at least 30% worldwide with an additional 15% to 20% decline in exploration investment in Africa predicted in 2015 and beyond.

An estimated 90% of junior exploration companies that existed in 2010 are no more; hence there exists a very strong competition for this highly risky capital globally.

Fortunately for miners eyeing Uganda, value added tax on exploration activities was scrapped this year after endless lobbying by the UCMP.

A ban on mineral exports was lifted recently by President Yoweri Museveni, further encouraging more investments in the sector.

“These developments have been very exciting for not only members of the Uganda Chamber of Mines and Petroleum but also for the country at large,” Kaijuka divulged.

“We are particularly encouraged by the government’s review of the laws and regulations governing mining that has made the legal regime truly user friendly for investors,” he added.

As such, noted Kaijuka, it is important that the global mining community attends the MWC in large numbers since Uganda’s mining sector has now been reawakened.

This year, the UCMP in partnership with African Legal Support Facility, an international institution hosted by the African Development Bank Group is conducting a 5-day training for government and private sector officials to strengthen their legal expertise and negotiating capacity in matters pertaining to the mining sector.

Dr. Zwelini Mkhize, the Treasurer General of the African National Congress (ANC) in South Africa, and also a former premier of KwaZulu-Natal, will deliver a Keynote Presentation at the MWC2015.

The sponsors of the conference include Zakhem International Construction, the Democratic Governance Facility (DGF), Stanbic Bank, Hima Cement, Barclays Bank, AON Uganda, ENS Africa, Standard Chartered Bank, Swala Energy, Tororo Cement, United Bank for Africa (UBA), UAP Insurance, Threeways Shipping and Askar Investments.
Former Prime Minister Amama Mbabazi is today expected to return nomination forms to the Electoral Commission (EC), try Chimp Corps report.

Mbabazi’s aides sent a message to media houses that he would turn up at EC at 4:00pm.

The former NRM Secretary General picked his nomination forms a couple of weeks ago before embarking on the mobilisation of signatures.

He was later endorsed by some political parties including DP to stand in the 2016 elections.

More details will be posted as events unfold
President Museveni hit a resounding hammer announcing the end of the 70th session of the United Nations General Assembly describing the session as ‘a miracle’ in which they have been able to agree after a long time, salve Chimp Corps report.

“We are coming to the end of this important session. I describe it as a miracle. We have been able to agree after a long time. In the bible, viagra buy there are two great laws; Love thy God with all your heart and love thy neighbor as you love yourself. It has been very difficult for the people of the world to love one another as they love themselves,” he said.

President Museveni who co-chaired the session with UN Secretary General Ban Ki-Moon and the Prime Minister of Denmark Lars Lokke Rasmussen for two consecutive days alongside holding various other bilateral meetings and chairing the Peace and Security Council of the African Union, declared to the summit that he was amazed at the success.

“I am actually amazed that at long last we have an agreement that is sensible and global. We are not only talking human rights, because people have always been talking about human rights…they talk about human rights without production, they talk about consumption without production,” said Museveni.

“However, these Sustainable Development Goals…they talk about industrialization, trade, infrastructure development and not philanthropies. They talk about development and growth and investment,” he said.

The Sustainable Development Goals (SDGs) are a new, universal set of goals, targets and indicators that UN member states will be expected to use to frame their agendas and political policies over the next 15 years.

The SDGs follow and expand on the millennium development goals (MDGs), which were agreed by governments in 2001 and are due to expire at the end of this year.

The closing session went into the early night and ended with President Museveni inviting delegates to watch a short documentary titled, “The Story You are Shaping”.


“I am very happy that after 50 years of watching selfishness in the world, now we are beginning to see common sense in the international fora. We are now coming to the end of this historic summit. I declare closed this high level plenary meeting of the 70th session of the General Assembly,” he said.

United Nations 69th General Assembly under the Presidency of Uganda led by Hon. Sam Kutesa successfully initiated the process to reform the United Nations security Council, the Sustainable Development Goals and on the onset, successfully steered the fight against Ebola from an African problem to a global crisis thereby attracting an international response that quickly reversed the devastating spread of the disease.

President Museveni will today attend a meeting of the Heads of State and Government of the AMISOM troops and police contributing countries at the Permanent Observer Mission of the African Union.


Header advertisement
To Top