• Latest
Governor Emmanuel Mutebile Calls for Withdraw of BUBU Campaign

Governor Emmanuel Mutebile Calls for Withdraw of BUBU Campaign

8 years ago
Uganda Backs Aviation Safety, Digital Shift at 15th IFATSEA Africa Meet

Uganda Backs Aviation Safety, Digital Shift at 15th IFATSEA Africa Meet

5 hours ago
Every Household Must Have a Wealth Creation Activity – Museveni

Every Household Must Have a Wealth Creation Activity – Museveni

10 hours ago
2025/26 Budget is People-Centred, with PDM Leading Financial Inclusion – Ramathan Ggoobi

2025/26 Budget is People-Centred, with PDM Leading Financial Inclusion – Ramathan Ggoobi

14 hours ago
PSFU Post-Budget Dialogue: Sarah Kagingo Lauds Startup Income Tax Relief, Urges Clearance of Domestic Arrears

PSFU Post-Budget Dialogue: Sarah Kagingo Lauds Startup Income Tax Relief, Urges Clearance of Domestic Arrears

15 hours ago
Investing in Women is Smart and Right, Says World Bank’s Cavicchi at PSFU Post-Budget Dialogue

Investing in Women is Smart and Right, Says World Bank’s Cavicchi at PSFU Post-Budget Dialogue

15 hours ago
Museveni Hails Mpigi Farmer for Leading Four-Acre Wealth Drive

Museveni Hails Mpigi Farmer for Leading Four-Acre Wealth Drive

16 hours ago
SoftPower News
Tuesday, June 17, 2025
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
SoftPower News
No Result
View All Result
Home Business

Governor Emmanuel Mutebile Calls for Withdraw of BUBU Campaign

by SoftPower
August 22, 2017
Governor Emmanuel Mutebile Calls for Withdraw of BUBU Campaign
2
VIEWS

Bank of Uganda Governor Emmanuel Tumusiime Mutebile has come out again to resist the government policy known as Buy Uganda Build Uganda (BUBU).

The governor said that Uganda risks jeopardizing its success in exporting to regional markets through protectionist trade policies.

Related Stories

Uganda’s Debt Remains Sustainable, Says Ggoobi

Police Searches Homes of Detained Ugandan MPs as Corruption Probe Deepens

Dead Person in Ishaka Bus Explosion was a Terrorist- Museveni

This was in a speech read on his behalf at the ongoing 12th Private Sector Foundation Uganda Trade facilitation expo 2017 by the deputy director in charge of Economic research at Bank of Uganda David Ssajjabi at UMA exhibition hall.

Stanbic DMC Ad
ADVERTISEMENT

Mutebile said that the proposal for Buy Uganda and Build Uganda if implemented to offer domestic products preferential treatment on the domestic market over the East African community partners it would be inconsistent with the East African community customs union protocol.

He said that Buy Uganda Build Uganda is inconsistent with the East Africa community customs union protocol which prohibits partner states from undertaking any administrative measures which discriminate in favor of its own producers at the expense of those of its partners.

“BUBU offers trade protection through administrative measures rather than through tariffs hence being inconsistent with the EAC Customs union protocol,” SSajjabi read.

The government stated that the country cannot afford to put at risk access to the regional market through inviting retaliation to the local ill thought out protectionist trade measures.

He pointed out that Buy Uganda Build Uganda campaign is not compatible with an export promotion strategy but to promote import substitutes.

“We therefore need to focus on the potential and fast repacutions of the proposal on Uganda’s exports because if implemented it could invite retaliation from other partner states in the EAC putting at risk our access to the regional market.”

The executive director Private Sector Foundation Uganda Gideon Badagawa said that Buy Uganda Build Uganda campaign cannot be stopped since such a policy is in some of other east African countries like Kenya and Rwanda.

Tags: Featured

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


The reCAPTCHA verification period has expired. Please reload the page.

Recent Stories

Uganda Backs Aviation Safety, Digital Shift at 15th IFATSEA Africa Meet

Every Household Must Have a Wealth Creation Activity – Museveni

2025/26 Budget is People-Centred, with PDM Leading Financial Inclusion – Ramathan Ggoobi

PSFU Post-Budget Dialogue: Sarah Kagingo Lauds Startup Income Tax Relief, Urges Clearance of Domestic Arrears

Investing in Women is Smart and Right, Says World Bank’s Cavicchi at PSFU Post-Budget Dialogue

Museveni Hails Mpigi Farmer for Leading Four-Acre Wealth Drive

Visit UBOS Website
SoftPower News Logo

SoftPower News is a subsidiary of SoftPower Communications LLC, a Ugandan digital media group. Keep posted of the latest from Uganda and East Africa.
Plot 4B Malcolm X, Kololo
P.O Box 1497, Kampala - Uganda
Tel: +256-392-001-701
Email: info@softpower.ug

This news site is licenced by Uganda Communications Commission (UCC)

ADVERTISEMENT
Stanbic Pamoja Ad
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
  • Regional
  • Defence & Security
  • Sport
  • Entertainment
  • More

© SoftPower News

error: Content is protected
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women

© SoftPower News