The President also recalled the close cooperation between Uganda and Tanzania, citing trade, the East African Crude Oil Pipeline, the Murongo-Kyikagate mini-hydro project, roads in Tanzania, the Masaka-Bukoba transmission line and the Standard Gauge Railway, which has reached Isaka and is expected to extend towards Uganda and beyond.
According to Mukula, Uganda believes in the free and orderly movement of people, goods, services, and capital within the framework of regional laws and protocols, stating that it will continue to stand for the dignity of African brothers and sisters because Africa belongs to Africans.
President Yoweri Kaguta Museveni has branded opposition MPs as disruptive, useless, and politically bankrupt.
Addressing a group of local journalists...
“When you invest in Uganda or any of the brother African countries, you have the assurance of this huge and growing market. We believe in win-win solutions to human problems. The population of Africa will be 2.5 billion people in the next 25 years. The population of Uganda will be 106 million people by that time,” he said.
The government aims at making the country a market leader in the generation and dissemination of appropriate agricultural technologies for sustainable development in semi-arid regions that cover the cattle corridor and five other agro-ecological zones comprising the Eastern Savanna (Teso) region, Karamoja dry lands, Lango, Acholi, and west Nile sub-regions.
The government has over the years attracted huge foreign direct investments to the economy, which has led the GDP to grow very fast with inflation being at single-digit 3%, which is a sign of a stable economy.
Africa has a large market for quality goods and services, and if African governments focus on producing high-quality products, they will be able to trade and become prosperous.