This summary was prepared by Whitehouse & Associates for the African Resource Network.
Uganda has recorded impressive levels of growth for some years now on the back of an aggressive campaign to kick-start an ailing, agriculturally dependent economy. Growth has been led by a construction boom in Kampala and other centres, as well as mining and infrastructural development projects. Ugandas reform and development programmes have won widespread support and praise, particularly amongst the donor community. This has enabled the government to tap into large financial resources from abroad in order to stimulate the industrial and manufacturing sectors.
Ugandas total imports total some US$ 1,4 billion annually and comprise principally of petroleum products, machinery, transport equipment and foodstuffs. South Africas exports mirror this. There is certainly an opportunity to increase trade further in these categories and via large projects and investments.