It is not news that most industrialists in
Uganda together with those in business not forgetting domestic power
consumers are all concerned about the high cost of unreliable electric
power in Uganda. There are industrialists who because of the high cost
of power do th
e processing of their
products in either Kenya or Tanzania. There are cases that have been
cited in the past including Star Coffee and the Oil processors, yet it
is said that many of those who are in milling do cheat power (illegal
connections and meter-bypass) otherwise they would not be able to keep
in business. It is believed that the privatization had a big impact in
getting the cost of production uncompetitive hence products manufactured
in Uganda end up uncompetitive in the local and regional markets simply
because of the general high cost of production.
The banks can come into the picture and encourage the growing of bio fuel plants which among others include the Jatropha. This one can grow in poor soils yet much of Uganda’s soils are not that poor not to support it. These can go a step further by importing equipment that uses bio fuels and sell under hire purchase terms to potential customers, that way, it is possible to have our industrial products competitive in regional markets and outside.
The banks can come into the picture and encourage the growing of bio fuel plants which among others include the Jatropha. This one can grow in poor soils yet much of Uganda’s soils are not that poor not to support it. These can go a step further by importing equipment that uses bio fuels and sell under hire purchase terms to potential customers, that way, it is possible to have our industrial products competitive in regional markets and outside.
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