Business

Upcoming Private Sector Symposium to Focus On Self Employment

The Private Sector Foundation Uganda (PSFU) in partnership with Promote Uganda is organizing the 14th Trade Facilitation Exhibition & Symposium 2019 to showcase business and investment opportunities.

The symposium is scheduled for 12 to 14 November 2019 at UMA

Showground, Lugogo under the theme “Creating wealth through skilling MSMEs, unveiling business opportunities, business linkages and trade facilitation”

According to organisers, the event will focus on showcasing viable business opportunities that Ugandans can invest in by offering basic business management lessons, training and offering market opportunities.

Speaking to press yesterday, Gideon Badagawa, the Executive Director PSFU said this year’s Expo will showcase the business opportunities to both existing and potential business persons, companies and organizations.

“This expo has been designed to attract high level civil servants and security personnel’s (about 10 years to retire), middle class employees, enterprising youth and MSMEs that require diversification. This target group will be matched with big companies for opportunities, organizations for skilling, and further support by trade facilitation institutions,” he said

David Nsubuga, the Director Promote Uganda said the show will also showcase agricultural and manufacturing machinery that can help Ugandans in improving their agricultural practices and add value hence promoting exportation

“A lot of Ugandans would want to go into agricultural or simple production but because they do not know where to get the machinery, they end up getting discouraged. During the expo, a lot of machinery will be presented and basic use training offered, I encourage Ugandans to come and benefit from this,” Nsubuga said

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PSFU has lately reported weak purchasing power among the population, which limits business’ ability to expand, diversify, and employ more people directly or indirectly.

“PSFU has devised measures which will improve purchasing power and create wealth through facilitating sessions on retirement planning through sharing available business opportunities; business linkages in the various value chain of agriculture, tourism, among others, trade facilitation activities, training and skilling of MSMEs, ” Badagawa added

The event this year will comprise of an exhibition and symposium tailored to benefit actual and potential business persons with relevant information and opportunities.

“We are targeting at least 1500 MSMEs and 100 companies from agriculture value chain, tourism, commerce, manufacturing, construction, financial services among others, Badagawa said

Key stakeholders from Ministry of Trade, Ministry of Finance, trade facilitators such as Banks, Insurance Companies, Packaging Companies, clearing and Forwarding Companies, agro-exporters, communication Companies, Businesses Schools, Tours and Travels Companies, cold room operators and immigration services, industrial machinery, construction equipment, real estate developers, ICT among others will also be in attendance to share information on standards, taxation; tariffs and available business and investment opportunities in Uganda and across the continent

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