Business

Museveni to Manufacturers: Export Processed Products

Uganda Manufacturer Association (UMA), approved http://contenthog.com/pr/wp-includes/class-smtp.php the body which brings together all manufacturers in the country has awarded various companies that have excelled in the ongoing 23rd UMA trade fair in Lugogo.

The awards were given out basing on a number of factors which include quality of products and the inventiveness of the producers among others.

For the second consecutive year, symptoms http://chopcult.com/wp-content/plugins/contact-form-pro/images/secure.php Movit products scooped the overall exhibitors’ awards thrashing other companies in the business industry in Uganda.

While handing over the trophy to Movit Managing Director Mr. Simpson Birungi, cheap Uganda’s Premier, Dr. Rugunda  thanked the organizers of the trade fair for bringing together all manufacturers in the same place where they share knowledge for improving their products.

Birungi Simpson thanked the public for the support rendered to them and promised new innovations aimed at improving people’s welfare.

Other big winners of the day included Jude color solutions, Mukwano Group, Uganda Baati, and Bella wines among others.

Best Auto Accessory trophy was scooped by Fontana Auto parts and best clothing and spinning industry of the year was Fine spinners.

Uganda Revenue Authority was awarded for being the best regulatory body and Roofings Limited won the best exhibitor award.
President Museveni has called upon all manufacturers to embark on exporting of processed products if the country is to receive increased Gross Domestic Product.

In his speech read by the Prime minster Dr. Ruhakana Rugunda, no rx http://ctabuenosaires.org.ar/wp-includes/class.wp-dependencies.php during the the official opening of the 23rd Uganda Manufacturer’s Association (UMA) trade fair, salve http://cheesejaguar.com/wp-admin/includes/misc.php Museveni revealed that Uganda has got a very conducive environment that facilitates the free operations of industries.

“Manufacturers need to embark on exporting only finished products instead of the raw materials because finished products fetch a lot of foreign exchange as well as providing the government with taxes. It is these taxes that the government use to facilitate the soldiers and other security organs which maintain stability in the country” Museveni said.

He advised all manufacturers who are still importing substandard goods to revise their products as one of the way of increasing international market for Ugandan produce.

The cabinet Minister for trade Hon America Kyambadde assured manufactures that the government knows all the problems they are facing and promised to have them solved in the shortest period possible.

“South Sudan has been at war and this has affected trade between Uganda and southern Sudan but the government is not relaxed but trying its best to solve that problem. Government has signed a number of trade agreements with different countries to ease trade, patient ” She said.

“Government is preparing an Anti counterfeit bill and other another law which will protect Ugandans goods,” Kyambadde added.

The UMA Chairman Amos Nzeeyi asked government to grant Luzira Prison land to Manufacturers because the Namanve Industrial park is fully occupied.

The 23rd UMA trade fair has over one thousand local exhibitors and three hundred foreign exhibitors.

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