market intelligence
Unlocking Uganda’s potential for SA stainless steel To further member interests across the continent and explore the full gambit of export opportunities for the South African stainless steel sector, Sassda Market Intelligence Specialist Lesley Squires recently attended the South Africa-Uganda Business Forum event in Midrand, Gauteng based on the theme Boosting Trade and Investment Relations between South Africa and Uganda…
A gainst the backdrop of South Africa and Uganda signing a Mutual Cooperation Agreement, Ugandan Minister of Trade and Industry Ntabazi Harriet commented that there were a number of non-trade barriers between the two countries and that these were being addressed during the South Africa-Uganda Business Forum event. As an example of this, Harriet pointed out that the current Visa requirement for Ugandans entering South Africa will fall away in October. She added, “South Africa has also managed to substantially increase its value-added exports and we would like to learn
from the South Africa experience to allow Uganda to do the same.”Harriet also expressed the wish that the forum becomes an annual event given that the last time South Africa and Uganda had met to discuss trade was in 2011, during the Presidential visit of President Museveni to South Africa. At that stage, there were 70 South African businesses operating in Uganda. In 2023, this number has dropped to 38 businesses with the two largest South African companies currently MTN and Stanbic, both of which had representatives present at the forum.
Issue 1 – 2023
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