• 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

President Museveni woos Japanese companies to support Uganda on value addition 

Watchdog Uganda by Watchdog Uganda
2 years ago
in National, News
12 0
President Museveni with the Minister of Foreign Affairs Mr. Hayashi Yoshimasa and his delegation

President Museveni with the Minister of Foreign Affairs Mr. Hayashi Yoshimasa and his delegation

ShareTweetSendShare

President Yoweri Kaguta Museveni has this afternoon received the Foreign Affairs Minister of Japan, Mr. Hayashi Yoshimasa with his delegation at State house, Entebbe. 

The discussion centered on how Japan can support Uganda specifically on value addition, by encouraging Japanese investors to set up in Uganda, as opposed to importing raw materials which keeps Africa and Uganda stunted despite having natural deposits capable of catapulting the economies.

President Museveni told the Foreign Affairs Minister that the economy of the whole of Africa is 2.7 trillion Dollars which is smaller than the GDP of Japan, Germany, and India.

He said that in the case of Uganda, some of the population is still outside the money economy.

Africa is very deceptive because you can live without money as long as you eat, if it is merely survival,” he said.

The President further informed the visiting Foreign Affairs Minister that until 2013, only 32 per cent of Ugandans were in the money economy, however, with government interventions, they have doubled the figure but presented the government with another hurdle that those who are in the money economy are dealing in raw materials. 

“We are therefore undergoing what is called perennial hemorrhage and it’s responsible for Africa’s stunting due to our bankrupt planners, coupled with external parasites who manipulate, interfere politically, and work with traitors to retard Africa,” the President said. 

He therefore called on Japanese Manufacturing Companies to take interest in Uganda and add value to the country’s products like Coffee. 

President Museveni further requested the Japanese Foreign Affairs Minister to get companies that can make car batteries because Uganda has got Lithium.

“We are already manufacturing electric cars, but we need car batteries,” President Museveni noted.

On his part, the Foreign Affairs Minister reiterated their desire to strengthen the bilateral relations with Uganda. He said Japan as the G7 Presidency attaches great importance to listening directly to the voice of Africa.

Mr. Hayashi pledged to continue to support Uganda in the Health sector and also informed the President that Japanese companies are getting increasingly interested in Ugandan companies especially Startups and assured that they will help them grow and become bigger businesses.

He also pledged to look into the President’s request of getting him companies that can produce car batteries.

The meeting was also attended by the Japanese Ambassador to Uganda Hidemoto Fukuzawa, Hon. Gen. Jeje Odongo, Uganda’s Foreign Minister, Gen. Katumba Wamala, the minister of works & transport and the Attorney General, Mr. Kiryowa Kiwanuka.  

 


Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com
Share2Tweet2SendShare

Related Posts

Beti Kamya
News

IGG calls for public ‘war’ on corruption after year of intense probes

12th July 2025 at 13:08
National

President Museveni flags off construction of key Kayunga- Galiraya Road to link Northern and Central Uganda 

11th July 2025 at 19:32
Dr. Yona Baguma
News

NARO Director General, Dr. Yona Baguma, Animates CPA Forum with Breakthroughs in Agricultural Research

11th July 2025 at 17:42
Next Post

UNBS seizes over 500 substandard pneumatic tyres worth Shs150m

  • Prostitution in Uganda- Courtesy Photo

    10 dangerous hotspots known for prostitutes in Kampala

    1129 shares
    Share 452 Tweet 282
  • Silent Billionaire Bosco Muwonge Buys Mukwano Arcade at UGX 250 Billion Cash Down

    52 shares
    Share 21 Tweet 13
  • Who is Bosco Muwonge, Uganda’s elusive real estate billionaire?

    38 shares
    Share 15 Tweet 10
  • LIST: New salary structure for civil servants starting July 2020 out; scientists, lecturers get juicy pay rise

    2289 shares
    Share 916 Tweet 572
  • Uganda’s Billionaires 2025: Once Again Sudhir Ruparelia Leads a Resilient Pack

    49 shares
    Share 20 Tweet 12
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

Beti Kamya

IGG calls for public ‘war’ on corruption after year of intense probes

12th July 2025 at 13:08
Mashable is a global, multi-platform media and entertainment company For more queries and news contact us on this Email: info@mashablepartners.com

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 the undisputed king of Kampala

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
Beti Kamya

IGG calls for public ‘war’ on corruption after year of intense probes

12th July 2025 at 13:08

President Museveni flags off construction of key Kayunga- Galiraya Road to link Northern and Central Uganda 

11th July 2025 at 19:32

© 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