• Contact Us
  • About Us
  • Advertise
  • Donate
  • Login
Watchdog Uganda
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News
No Result
View All Result
Watchdog Uganda
No Result
View All Result

EAC economic department must analyse linkages to achieve regions transformation

You need wealth and jobs. But wealth in a modern way. If you got wealth like Masai of cattle and none monetary, that is traditional wealth but no money.

watchdog by watchdog
4 years ago
in News
2 0
EAC Headquarters in Arusha, Tanzania

EAC Headquarters in Arusha, Tanzania

ShareTweetSendShare

STATE HOUSE, ENTEBBE: President Yoweri Museveni has tasked the new East Africa Community Secretary General to ensure that the EAC economic department analyses linkages of job and wealth creation including in tourism that will strengthen and grow the regions integration.

“The issue of market must be solved. Internal market is not enough, you need regional, African (continental) and international. How will people become prosperous? To be prosperous you need two things.

You need wealth and jobs. But wealth in a modern way. If you got wealth like Masai of cattle and none monetary, that is traditional wealth but no money. How will you built a good house, buy a car without money,” he said.

The President was yesterday meeting the new EAC Secretary General Peter Mathuki and his delegation who paid him a courtesy call at State House Entebbe.

“The problem is that we have parasites in charge of policy. They don’t know issues of wealth creation. They are just eating the little revenue that is there without knowing where it is coming from. They don’t know what can make business succeed. And then the villagers in some of the bigger countries are asleep not involved in money economy,” he said.

The President tasked the EAC to analyse which elements of the services sector would do better under integration.

“If you look at USA, even a basket baller can be a millionaire, even a singer why? Why don’t our singers go far? I used to hear of Congolese, Daudi Kabaka…. Even in Europe you don’t hear much of the singers. Is it because USA has a big market where they move without a visa? I have not studied this but you should. This is the same for banking, entertainment etc, you need to introduce rational to integration,” he said.

The President said the issue of foreigners as region is imposed and should not impede the regions development saying he has been supporting the economy of Kenya since the 60s.

“In the 1950s we had big problems. If you went from home or school there was no clean drink to take. Water was not clean except coca cola. In 1964, I went to Mbarara town and found a packet of milk from Kenya creameries. You could drink this without boiling it. For us, you had to milk the cow, boil the milk, wait for it to cool then drink it. From that time, I never touched Coca Cola again. In 1972 when fighting Amin, I went to a shop in Bukoba and there was this yellow packet not in fridge but on shelf. They said it can stay like this for nine months, UHT milk, fresh. I had been supporting the Kenya economy from my pocket including for other things like jam, Kimbo etc. If you have got a constituency of producers who have to sell within Kenya and outside for the business to succeed, understand concept of integration,” he said.

The Secretary-General of the East African Community Peter Mathuki congratulated the President on the January general elections and on the inauguration

“This team will support the vision of their Excellencies. Once businesses and investments grow, then the welfare of the people in Africa is covered. We will work with all the ambassadors in the region to promote movement of goods and persons,” he said.

Hon. Mathuki said the responsibility he is assuming is heavy and he came to seek the President Museveni’s blessings, counsel, guidance and wisdom.


Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com
ShareTweetSendShare

Related Posts

National

20-year-old Woman Arrested After Dr’ Spire’s Death at Kajjansi Lodge

2nd July 2025 at 22:19
News

Uganda Woos UAE Investors with Vast Opportunities in Agriculture and Tourism

1st July 2025 at 20:07
News

Born To Cry: The Tragic Reality of Birth Asphyxia In Uganda As Government Launches My Baby’s Cry Campaign

1st July 2025 at 19:46
Next Post
MP Denis Lee Oguzu

We shall not support you for Deputy Speaker! FDC tells off own member MP Oguzu 

  • Prostitution in Uganda- Courtesy Photo

    10 dangerous hotspots known for prostitutes in Kampala

    1103 shares
    Share 441 Tweet 276
  • LIST: New salary structure for civil servants starting July 2020 out; scientists, lecturers get juicy pay rise

    2284 shares
    Share 914 Tweet 571
  • Uganda’s Billionaires 2025: Once Again Sudhir Ruparelia Leads a Resilient Pack

    40 shares
    Share 16 Tweet 10
  • Pastor Bugingo Seeks Reconciliation with Teddy and Children, Prays for Makula’s Twins

    19 shares
    Share 8 Tweet 5
  • LIST : Gov’t releases Revised Salary Structure for Teachers, Police, and Prisons Staff for FY 2024/2025

    114 shares
    Share 46 Tweet 29
Facebook Twitter

Contact Information

Watchdog Uganda is a portal for solution journalism, trending news plus cutting edge commentaries in the fields of politics, security, business, tourism, entertainment, technology, agriculture, climate change, environment, public health et al. We also give preference to Ugandan community news and topical discussions. The portal also publishes community news and topical discussions.

Email: editorial@watchdoguganda.com
To Advertise:Click here

Latest News

Silent Billionaire Bosco Muwonge Buys Mukwano Arcade at UGX 250 Billion Cash Down

3rd July 2025 at 06:26

20-year-old Woman Arrested After Dr’ Spire’s Death at Kajjansi Lodge

2nd July 2025 at 22:19

Check out

  • Trending
  • Comments
  • Latest
Minister Muruli Mukasa

LIST: New salary structure for civil servants starting July 2020 out; scientists, lecturers get juicy pay rise

24th May 2020 at 10:45
Pregnant woman

Shock as 17-year old boy impregnates his two sisters during Covid-19 lockdown 

17th June 2020 at 08:17
Sudhir Ruparelia is set to speak at business forum in United Kingdom

Billionaire Sudhir’s wisdom on how to invest in real estate

0

How a boy’s destiny turned from cotton grower to communications guru

0

Silent Billionaire Bosco Muwonge Buys Mukwano Arcade at UGX 250 Billion Cash Down

3rd July 2025 at 06:26

20-year-old Woman Arrested After Dr’ Spire’s Death at Kajjansi Lodge

2nd July 2025 at 22:19

© 2025 Watchdog Uganda

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News

© 2025 Watchdog Uganda