• Latest
‘Stress Clinic’ Brings Back Comedy and Entertainment at UMA

Integrate African Market If You Want Prosperity- Museveni Tells EAC

2 years ago
NEMA Unveils Compliance Assistance Unit as Stanbic, SCOUL Scoop Sustainability Awards

NEMA Unveils Compliance Assistance Unit as Stanbic, SCOUL Scoop Sustainability Awards

1 hour ago
Tourism Minister Tom Butime Welcomes New UTB CEO Juliana Kagwa

Tourism Minister Tom Butime Welcomes New UTB CEO Juliana Kagwa

1 hour ago
Makerere Don Dr Anthony Kakooza Named WTR Global Leader 2025

Makerere Don Dr Anthony Kakooza Named WTR Global Leader 2025

2 hours ago
Makerere Students Win 2025 UNHCR Student Challenge in Singapore

Makerere Students Win 2025 UNHCR Student Challenge in Singapore

2 hours ago
CEDAT Students Win Top Award at Africa Electricity Symposium

CEDAT Students Win Top Award at Africa Electricity Symposium

2 hours ago
StanChart Unveils ‘Jaguza ne Standard Chartered Bank’ Deposit Campaign

StanChart Unveils ‘Jaguza ne Standard Chartered Bank’ Deposit Campaign

2 hours ago
SoftPower News
Wednesday, July 2, 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 Featured

Integrate African Market If You Want Prosperity- Museveni Tells EAC

by Our Reporter
November 24, 2023
‘Stress Clinic’ Brings Back Comedy and Entertainment at UMA

President Museveni

1
VIEWS

President Yoweri Kaguta Museveni has reiterated the need for the East African Community (EAC) integration.

According to the President, East Africans, especially young people need to know why integration is very critical for the region.

Related Stories

NEMA Unveils Compliance Assistance Unit as Stanbic, SCOUL Scoop Sustainability Awards

Tourism Minister Tom Butime Welcomes New UTB CEO Juliana Kagwa

Makerere Don Dr Anthony Kakooza Named WTR Global Leader 2025

“There are three reasons; number one is do you want prosperity or not? If you say you don’t want prosperity, then there’s no problem, but if you say you want it, the question is where will the prosperity come from?” he inquired.

President Museveni made the remarks during the 23rd Ordinary Summit of the EAC Heads of State that took place in Arusha, Tanzania.

The summit ran under the theme: “Accelerating Economic Recovery through Climate Action and Enhancing Food Security for Improved Livelihoods”.

The President explained that prosperity cannot come from aid from foreigners or government handouts, but it comes from a family, company or an individual who produces a good or a service and sells it.

“You produce a good or a service and somebody buys it. If more people buy from you, then you become prosperous. Therefore, you cannot talk of prosperity in Africa without talking about market integration,” he said.

“If you want to experiment with that, you should go to Latin America. Latin America is richer than the United States in terms of natural resources; if you look at the rivers, the biggest river in the world, the Amazon is located in South America, and the forests, agricultural land, and minerals are all there in South America, but you see the misery there. So, what is the problem? Part of the problem is organisation. In the US if you are in New York, you produce a product, it can be sold to California. They have got a market of more than 300 million people,” he noted.

President Museveni further expounded that the market is a stimulus for wealth creation and prosperity and that is why as leaders, they advocate for the integration of the East African market.

“A country like Uganda wasted a lot of time-fighting and so on,  when we settled down, we started producing and very soon we realised that the internal market was not enough for milk,  maize,  sugar, among other products.”

President Museveni also outlined Strategic security and undugu (brotherhood) as the other reasons why East Africa needs integration.

“The second reason is strategic security. How can you be secure in the world? The third reason is undugu, we are even lucky that we have Swahili as the East African language, we can all speak Swahili. Therefore, it is easy for us to unite. This is why some of us under the leadership of Mwalimu Nyerere, for the last more than 60 years have been struggling for East African integration.”

Tags: EACEAC summitMarketsMuseveniSoftPowerSoftPower NewsTop Uganda NewsUganda

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

NEMA Unveils Compliance Assistance Unit as Stanbic, SCOUL Scoop Sustainability Awards

Tourism Minister Tom Butime Welcomes New UTB CEO Juliana Kagwa

Makerere Don Dr Anthony Kakooza Named WTR Global Leader 2025

Makerere Students Win 2025 UNHCR Student Challenge in Singapore

CEDAT Students Win Top Award at Africa Electricity Symposium

StanChart Unveils ‘Jaguza ne Standard Chartered Bank’ Deposit Campaign

Stanbic Bank Ad
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 Remittance 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