Kampala — Gideon Badagawa, the executive director at the Private Sector Foundation Uganda (PSFU), says President Yoweri Museveni's New Year speech with regard to value addition was well-intentioned.
"The concentration of the speech on value addition was spot-on," he said. Badagawa, who has worked with the Foundation for more than a decade, however, said as the country awaits to achieve the middle income status - where everyone would earn at least US$1,000 per year compared to US$615 as of 2016 - the government's main focus should now be on import substitution and exports while using the local market to support local industries.
...