Uganda: Invest at home to promote a deeper regional market
“Uganda might lose the market in South Sudan, if deliberate efforts aren’t put in place to sustain it”, said Uganda Investment Authority Chairman, Patrick Bitature during a hard-talk discussion at the February 14th launch of the Uganda Economic Update – Bridges across Borders: Unleashing Uganda’s Regional Trade Potential.
Bitature argued that Uganda’s supplying of South Sudan was more circumstantial than strategic.
“Food items like rice, matooke [green bananas], maize and sorghum that Uganda is exporting to South Sudan will soon be grown there, once stability returns. Uganda instead needs to add value to these exports”, he said.