The Uganda Chamber of Mines and Petroleum (UCMP) chairperson Elly Karuhanga has emphasized the need to make Uganda a mining hub so that it can transform into a middle income country, a target the current regime of President Yoweri Museveni is aiming at.
Karuhanga was exclusively speaking to journalists ahead of this year’s annual Mineral Wealth Conference (MWC), to be held on October 4th and 5th, 2017, at Kampala Serena Hotel under the theme “Minerals – “Knocking on the door to cause economic transformation in Uganda.”
“We need to make Uganda a mining country so that when you mention Uganda anywhere in the globe, they say oh that mineral rich country that is exporting a lot of minerals,” Karuhanga said enthusiastically.
“Yes, we are known as an agricultural country, fantastic, I love it, even hearing it feels good, but suppose we become an agricultural country and mining country and oil and gas country and a tourism destination country, this generation will be so happy,”
He said the Chamber was formed ‘to propagate and sensitize the people of Uganda and international community to take interest in Uganda’s minerals and exploit them together with foreigners and amongst ourselves.’
He also emphasized the need to enable investors to carry out exploration works in the country to establish the amount of mineral resources in the country. He explained that the country is putting in place the necessary laws, policies and regulations to manage the mining sector.
This year’s mineral wealth conference is looking at opening up Uganda for business. About 1000 guests are expected to attend. Sponsors of the conference have lined international speakers from governments and the private sectors