Convention 2013

24/03/2014

Remarks by Amb.Isaac Sebulime at the 3rd UK Convention

It gives me great pleasure to welcome you to the third Ugandan Investment forum (UK Convention). It is usually said that whenever you meet more than three Ugandans they are discussing politics. I am glad to say that the history and basis of this convention is different, we are all here to discuss economic growth of Ugandan. Our country is, it is our duty as Ugandans to ensure that we develop it because every generation owes the next generation the debt of making life easier for them.


Unfortunately Africa in the past lost out on that score. We have got fifty years of wasted time. When Uganda got independence its GDP was 1.5billion dollars, Singapore GDP by that time was 1.7 billion dollars and Kenya was 1.6 billion dollars. Today Singapore is 320billion GDP, with the highest concentration of billionaires per square mile in the world and Uganda is now hardly 20 billion dollar GDP. Where have we been, these are issues that leads to find solutions for contributing to the developing of our country. People would say that Ugandan is under-developed because Amin intervened in the developing process but I say no because there was no Amin in Kenya, Tanzania or some of those underdeveloped African countries.

Fundamentally there must be something done wrong, either at policy level and this is where the new leadership in Uganda has got it right. Uganda has a national development plan which lays out what and where Uganda wants to go. The Vision 2040 expect Uganda to be a middle income country in four years and at the rate in which the economy is developing we are certainly looking at achieving GDP per capital of 900 dollars from the present 560 dollars. Vision 2014 raise it out well. Uganda noticed that we are under developed because we didn’t put the development drivers in place. And these includes infrastructure, roads, energy, the government has development plans for all these sectors, thus creating vast opportunities for investors to partner with the government of Uganda to take on some projects under private public partnership arrangements.

Ugandans need to look at the Madhvani story who left Gujarat India with nothing but now he has built a house-hold Ugandan brand  and it is possible that this dream achieved by the Madhvani can be realised by anyone with little savings or just an idea.

Ugandans in the Diaspora are encouraged to start small partnerships among themselves and create cooperatives which can undertake some small projects like dams construction which do not need more than one million dollars and 100 people can contribute £10,000 and raise that money easily. Projects like this are guarantee as the main buyer is the government.

The onus is on us to give the next generation a better life than ours and I thank Willy Mutenza for the third time bringing us together to share, discuss and encourage each other to invest back home.

Ambassador Isaac Sebulime
Uganda High Commission
58 – 59 Trafalgar Square
WC2N 5DX
London
Tel: 44 207 839 5783
Fax: 44 207 839 8925
Email: jesca.magoba@ugandahighcommission.co.ukWebsite: www.ugandahighcommission.co.uk






 
 

 

Hon. Edward K. Ssekandi, Vice President keynote speech at the 3rd UK Convention

The Vice President HE Edward K Ssekandi during his keynote speech stated that the UK Convention is an opportunity for all delegates to map out the social economic destiny of our country Uganda. He recognised and appreciated the...
by wmutenza
0

 
 

Panel Discussion: Energy & Natural Resources, Real Estate…at the 3rd UK Convention

An overview on opportunities in Energy, Real Estate sector, Housing and Construction and infrustructure. Specific discussion on Land acquisition | Development costs | Finance Availability | Urban vs Rural Project Economics | Pr...
by wmutenza
0

 
 
 

Investment opportunities in Buganda Kingdom

Sectors of Investment Commercial and Residential Real Estate Among the Member countries that form the EAC, Uganda presents the highest rate of return on investments in Commercial and Real Estate. Buganda Kingdom is geographical...
by wmutenza
0

 

 

2013 Feedback | Opinions and Questions

Opinion 1: Promoting Ugandan Constitution The Ugandan Embassy should start promoting or giving access to the Uganda Constitution as a way of keeping Ugandans in the Diaspora aware of their constitutional rights. The same should...
by wmutenza
0

 
 
 

Buganda Kingdom woos UK investors

A delegation from Buganda Kingdom showcased the vast potential investment opportunities that exist within the Kingdom at the just concluded UK 3rd Ugandan Trade and Investment Expo held at Troxy Arena, in London’s commercial ...
by wmutenza
0

 

 
 

Mr. Kyewalabye-Male David on Opportunities in Buganda Kingdom at the 2013 Convention

Investment Opportunities within Buganda region: Specific discussion on equity investment shared model,  opportunities in real estate, un-tapped potential in mineral rock deposits, agricultural land leasing, leasing prime land ...
by wmutenza
0

 
 

The Lord Sheikh presentation at the Ugandan Convention UK 14th Sept 2013

Lord Sheikh is a serving Lord in the house of Lords and one of the most successful Ugandan Asian businessmen in the UK chairing 4 successful companies. Jambo was the greeting tag line he used to greet delegates amid applaud. He...
by wmutenza
0

 

 

Mr. Richard Kamajugo, Commissioner for customs remarks at the 2013 UK Convention

Mr. Kamajugo, Commissioner Customs and Bonds, Uganda Revenue Authority, informed delegates that URA was formed in 1992 to collect government reserve and to ensure sustainable service delivery by government. He said infrastructu...
by wmutenza
0

 
 

Sector Discussion: Investing in Agriculture & Agri-Processing in Uganda

Creating opportunities in rural areas, Funding mechanism for long term drought mitigation in Uganda, the promotion of horticulture, irrigation and livestock farming in rural Uganda. A personal overview from local MPs and entrep...
by wmutenza
0

 
 

The 3rd Ugandan UK Convention, Another successful forum

For the 3rd time Ugandans in the Diaspora hosted its annual forum with flying colours of success, investors, Ugandans, business leaders, politicians blessed the events in great numbers. We can’t attribute the success of the c...
by wmutenza
0

 

 

Hon. Ruth Nankabirwa, Minister for Fisheries discusses agri-business opportunities at the 3rd Convention

The Government of Uganda recognizes the importance of agriculture to the Ugandan economy and the central role it  plays in economic growth, development as well as poverty reduction. Both the Prosperity for All (PFA) frameworks...
by wmutenza
0

 
 
 

Hon. Nekesa Barbara Oundo, Minister of State For Karamoja remarks at the 3rd Ugandan Convention UK

Hon. Nekesa Barbara Oundo, Minister of State For Karamoja focused her presentation on the opportunities and challenges in the Karamoja sub-region. Geographically, Karamoja is found in the North Eastern part of Uganda, it is bor...
by wmutenza
0

 

 
 

2013 Post-Convention Comments

The occasion was great, the people I invited from Sweden found great value in the convention and also had the opportunity to meet with Rt. Hon. Minister, Sam Engola and Hon MP. Mariam Nalubega. The brief meeting went well and a...
by wmutenza
0

 
 

Mr. Patrick Bitature to address the 3rd Ugandan UK investment Expo

The Ugandan UK Convention organising committee is pleased to have Mr. Patrick Bitature as our keynote speaker at the 3rd Ugandan UK Convention−a Diaspora Trade and Investment Expo 2013 on 14th September 2013 at Troxy, 490 Com...
by wmutenza
0

 

 

Hotels near Troxy

Troxy is pleased to work in conjunction with HotelMap for online best rate hotel reservations. Please click on the Hotelsmap link to access the reservation page: www.hotelmap.com/hotelmap/ If you would prefer to book direct wit...
by wmutenza
0

 



0 Comments


Be the first to comment!


You must be logged in to post a comment.


 
WP Facebook Auto Publish Powered By : XYZScripts.com