During the Post Budget E-Conference that was held on 23-24 June 2020, Uganda Manufacturers Association, represented by the Chairman, Ms Barbara Mulwana delivered a raft of proposals needed to hasten recovery of the economy after the worst of the health crisis, Covid-19.
In this year’s financial year budget, a stimulus package of 1 trillion was allocated to Uganda Development Bank to cater for manufacturers. Even with the stimulus in production, Ms Barbara Mulwana pointed out the need to stimulate aggregate demand for sustainability through;
Settlement of domestic arrears/VAT & WHT Refunds:
This, she said would be done through settlement of domestic arrears to be made in the first quarter of the financial year 2020. Settlement of these arrears is crucial to ensuring that industrialists have working capital.
Mainstreaming of local content in public procurement:
As the UMA, we have identified the Public Procurement as a vehicle towards full recovery of the economy. As such, having local content mainstreamed in public procurement process will not only create market for locally made products but will also create more jobs for Ugandans.
Cognizant of the delays in payment, Government ought to issue letters of credit to local suppliers to be paid on time.
Facilitate an export guarantee scheme:
In order to lessen the risk of exporting to volatile markets like DRC,
Government of Uganda ought to facilitate an export guarantee scheme for local exporters.
Access to the NSSF savings
With 7 million informal workers out of work and close to 1.5 million formal workers laid off due to the pandemic, early access to their savings should be first tracked by NSSF to improve livelihoods and increase in the level of liquidity to spark demand and supply.
UMA Chairman Quick Bio
Ms Barbara Mulwana has served as Executive Director Nice House of Plastics since 1991. Barbara started working with Nice House of Plastics after working as an Applications Engineer with Good Year Tyre and Rubber Company (Akron, Ohio) and worked as the Head Sales and Marketing Department in Nice House of Plastics before assuming her current role as Executive Director.
Ms Barbara Mulwana has served on a number of Boards and Steering Committees. She serves as Director Jesa Farm Dairy and Uganda Batteries Ltd (All under Mulwana Group of Companies), Director Stanbic Bank Uganda and now current Board Chairperson Uganda Manufacturers Association. She is a Board member of Jubilee life insurance and also sits on the Varkey GEMS Foundation-Uganda advisory board. Ms Barbara is also a member of the Steering Committee of the Private Sector Foundation Uganda (PSFU).
Ms Barbara Mulwana holds a Bachelor of Science Degree in Electrical Engineering and Computer Science from North Western University (Evanston, Illinois) and an EDP from the Kellog Graduate School of Management.
Ms Barbara is the Acting Honorary Consul of the Royal Thai Honorary Consulate- General in Uganda and is married with three children.
Uganda Manufacturers Association