The Uganda Export Promotions Board
Tel: +256 - 414 - 230 250 / +256 - 414 -230 233 | +256 - 414 - 259 779
Location: 5th Floor - Conrad Plaza, Plot 22 Entebbe Road, Kampala, Uganda Address: P.O. Box 5045, Kampala Uganda Museveni opens new Shs230b beer plant President Museveni has hailed beer company, Nile Breweries Ltd (NBL), for creating jobs and revenue opportunities to farmers and government. While opening the new NBL brewery plant in Mbarara District, the President said: “In the past beer was manufactured using imported cereals yet we had cereals here. Why do we use imported cereals when we have sorghum and maize here? By buying from the local markets, beer companies have improved what we call forward and backward linkages.” Read more ▪ Limited data on honey production disappoint investors Government has been advised to work with the private sector to boost the apiculture industry in the country. Ms Maria Odido, the executive director of Bee Natural and chairperson Uganda Export Promotions Board made the remarks in an interview with the Daily Monitor recently. She urged the Agriculture ministry to encourage bee-keepers to focus on the value chain in the bee keeping business. Read more ▪ Uganda exports to hit sh31 trillion by 2017 THE Uganda Export Promotion Board is reviewing the 2008-2012 National Export Strategy (NES) to set new targets on export earnings, export per capita levels and export to gross domestic product with the aim of doubling Uganda’s exports to about $12b (sh31 trillion) by 2017, the deputy executive director has said. In an exclusive interview with New Vision recently, William Babigumira, said the realised figure ($4.2b), which includes goods, services and informal crossborder trade) of 2012 is not far off from the ambitious set targets $5b (sh29 trillion) for 2008-2012. ▪ UEPB: Preferential Tax Rates a Good Incentive for Local Exporters Uganda Export Promotion Board (UEPB) is encouraging local exporters to take advantage of the Preferential Trade Agreements that give opportunities to traders and allow them to access regional and international markets. However, the board says exporters must acquire specific documents and meet certain trade terms, to benefit from preferential tax rates. Uganda is party to COMESA, ECOWAS, EAC, AGOA and Economic Partnership Agreements (EPAS) which covers 7 European Union states. According to Noreen Kamoti, Acting Director Management Information Systems Division at the Uganda Export Promotion Board (UEPB), exports have to meet tough standards to compete on these market regimes Read me ▪ Uganda exports hit six trillion Uganda’s exports reached $2.3b (5.9 trillion) last year, up from $2.1b (sh5.4 trillion) in 2011, the executive director of the Uganda Export Promotion Board has said. Appearing before Parliament‘s committee on tourism, trade and industry on Tuesday to discuss the tourism and trade ministerial policy statement for financial year 2013/14, Florence Kata said non-traditional exports of mainly maize, rice, sugar and mineral water earned the country $1.9b (sh4.8 trillion) in 2012 from $1.4b (sh3.6 trillion) in 2011. Top Uganda export markets, she said, include France for cotton and oil seeds, Sudan, Congo, Kenya, United Arab Emirates, Tanzania, Rwanda and Common Market for Eastern and Southern Africa (COMESA) partner states. Read more ▪ |