UTN News

ECONOMISTS CAUTION GOVERNMENT ON FREE TRADE AREA.

Economists and the Public Sector have advised Government against fully opening up the region for free trade policies in the tripartite trade.<\p>

If adopted, the move will open up a free trade policy for all countries in the East African Community region, Southern African Development Commission and the Common Market for East and Southern African countries to enjoy unlimited trade with no barriers.<\p>

At a meeting organized by Southern and Eastern Africa Trade Information and Negotiations Institute-SEATINI in Kampala, The Private sector cautioned the ministry of Trade and Industry to pay close attention to value addition to products before it takes part in the inter regional trade negotiations to avoid the risk of losing policy space.<\p>

Dr Fred Muhumuza a professor at the School of Economics at Makerere University says the ministry should be keen on the idea of harmonizing before it decides to open up to the Tripartite Free Trade Area.<\p>

Muhumuza says, Uganda’s economy can not be harmonized with neighboring Kenya and all other states under COMESA and SADC as the industrial sector has been stunted over the years. BYTE-DR MUHUMUZA<\p>

Dr Muhumuza says Uganda’s economy is not ready to engage in such alliances due to poor investment policies, production of low quality goods, poor infrastructure, and poor trade monitoring where foreign investors take on jobs meant for Nationals.<\p>

This plays against the other member states that float the local market with cheap commodities.<\p>

The Executive Director of SEATINI, Amb.Nathan Irumba highlighted the challenges that Uganda will encounter, like unfair trading terms, abolishing its local tariffs, and opening its economy to cheap and low quality products from member states. BYTE-AMB IRUMBA<\p>

If adopted, countries under COMESA and SADC with better economies will have a free trade advantage over Uganda. These include Egypt, South Africa, Kenya, and Zambia among others.<\p>

This will open up a stiff competition, likely to affect the local industrial sector and the private sector as well. Amb. Irumba challenged the implementation of the Tripartite Free Trade Area that will have the potential to become a game changer in regional trade.<\p>

Irumba further noted that Uganda has not successfully achieved the three pillars that include Market Integration, Regional Cooperation in industrialization and infrastructural development, which is a threat to the country’s economy. BYTE IRUMBA<\p>

Uganda majorly exports Primary Commodities which require a strong infrastructural upgrade to have a fair competition. He further notes that Uganda has already been engaged in other reciprocal trade partnerships, like the East African Community, European Union, and others whose benefits to the country need to be evaluated.<\p>

The formation of FTA was approved by the heads of states and governments of COMESA, EAC, and SADC on October 22, 2008.<\p>

The Tripartite FTA comes at a time when Uganda’s economy is facing numerous challenges including enormous debts (currently standing at $8.6 billion), inflationary pressures estimated at 4.5% and a trade deficit reportedly at Shs.11.2 trillion by August 2016.

News

SALAAM MUSUMBA WINS ELECTION APPEAL

By UTN Reporter

Kampala - The Court of Appeal in Kampala has ejected Kamuli Municipality MP Rehema Watongola out of Parliament after failing to raise the required minimum academic papers equivalent to senior six.

The court also declared the Kamuli Municipality seat vacant, ordering fresh polls. Former Kamuli district Chairperson, also opposition FDC Vice President Salaam Musumba had challenged Hajjat Watongola’s election.

The three justices of the Court of Appeal Richard Buteera, Barishaki Cheborion and Paul Mugamba, ruled that when MP Watongola’s academic papers were questioned, she failed to prove the authenticity of the same, prompting them to declare her nomination illegal and subsequently declared her seat vacant.

The justices also ordered Watongola to pay Musumba all the costs. Hajjat Watongola and Ms Salaam Musumba contested for the Kamuli Municipality seat in Last year’s general elections, alongside other two, before Watongola became victorious.

Musumba challenged her opponent’s election in the high court, which concurred with her, that Hajjat Watongola’s academic papers were wanting. Watongola immediately appealed to the higher court.

GOVERNMENT TO GIVE OUT 25M NETS

As Uganda joins the rest of the world to celebrate malaria day , ministry of health is set to supply 25 million treated mosquito nets to avert the dreadful killer disease. Malaria is the major cause of death in Uganda with approximately 70, 000 to 100, 00 Ugandans dying every year. 50% of the deaths are among children below five years, while pregnant

JIGGERS, AIDS THREATEN BUIKWE FISHERMEN

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MUSLIM CLERICS MURDER AS A WITNESS NAMES KAMOGA'S NAME

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The witness whose name has been concealed upon the request

SUPREME COURT STAYS OPEN ON WEEKEND TO PREPARE FOR MBABAZI PETITION

Kampala - With just less than 36 hours to start of hearing of the Electoral Petition, the Chief Justice Bart Katurebe has issued a notice to all Supreme Court staff to keep on duty over the weekend, as they prepare the Court for the hearing.

The Notece seen by our reporter stats that “All staff are required to stay

MUSLIMS CELEBRATE COOPERATIVE WEEK

By Isaac Tenywa

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MASAKA GETS FREE SOLAR POWER

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PROF MAMDANI BLASTS VC DDUMBA OVER NYANZI

The under fire Director of the Makerere University’s Institute of Social Research (MISR) Prof Mahmood Mamdani has vowed not to cooperate with an investigations committee appointed to resolve a conflict that he is entangled in with one of his research fellows, Dr Stella Nyanzi. The standoff yesterday hit the boiling point when Dr Nyanzi staged a nude protest at the Institute, over her eviction by Prof. Mamdani from her officer.

POLICE, UPDF BURN HOUSES IN MUBENDE

Mubende - A combined force of the Uganda Police and the Uganda People’s Defense Forces have set ablaze over 400 houses in Mubende leaving over 1200 families homeless. The incident took place in two Parishes of Bujjuuko and Kabulamuliro in Maduudu Sub County, Mubende district, where over 3000 residents illegally settled on an over 5 square Miles land owned by an Indian Investor Ali Abasi.