Uganda has fastest growing economy in whole world- Museveni
President Museveni over the weekend launched the commercial operations of Soroti Fruit Factory, which was set up by the Uganda Development Corporation (UDC) with support of the Korean government.
He also launched UDC’s 10-year plan.
The trick about farming is that it must be based on “akabalo” (calculation), Museveni said.
He noted that in Teso, people used to grow coffee and cotton on small pieces of land and “you would find someone growing cotton on one acre and earning about Shs200,000 a year”.
This idea of growing cash crops on even very small pieces of land was propagated by the colonialists who wanted raw materials for their factories back home but did not really care about African people’s welfare and income, he explained.
“So, when I came to Teso, I de-campaigned this practice. These cash-crops should be a preserve of farmers or institutions with large tracts of land. For those with small pieces, you should go for crops or activities that offer high financial returns even when done on small scale.”
That is how Museveni preached fruit farming, dairy rearing, apiary, keeping poultry, in place of coffee growing, tobacco farming and others.
“It took long but I am happy that people of Teso got my message. Now, there are 8.2 million fruit trees in this sub-region alone.”
Museveni said he has studied the global market and the demand for fruits is big.
The same for dairy products, fish and honey that is why he recommended these products.
“Therefore, let us go into fruits because they are the medicine for poverty for the ‘small people’.”
He thanked the Koreans for their support saying they can cooperate with Uganda more in terms of machinery support and skills transfer.
“Our economy is growing fast and that presents many opportunities. The World Bank the other day reported that African economies are growing at 2.3 percent, the rest of the world at 3 percent but Uganda is growing at 6 percent with potential of even going higher. It is because we are investing in the right places; electricity, roads, education, etc.”
He told the residents to stop land fragmentation saying the practice of children splitting up land when the family head dies, should stop.
Own the land jointly as a family, only share the proceeds from that land, he urged them.
“I keep doing my part and guiding you. When I go to heaven, I will tell God I told you what to do but you simply refused.”