Kampala, Uganda – In a move set to bolster Uganda’s economic growth, the British Chamber of Commerce Uganda (BCCU) officially launched today, aiming to strengthen trade ties between the UK and Uganda.
The launch event, attended by top government officials, business leaders, and industry experts, marked a significant milestone in Uganda’s efforts to attract foreign investment and promote economic development.
The BCCU, which will act as a collective voice for the business community, is poised to play a crucial role in shaping trade policy, reducing barriers to entry, and increasing trade and investment between the two nations.
With the UK being one of Uganda’s major development partners, the Chamber’s launch is expected to unlock new opportunities for businesses in both countries, driving economic growth and prosperity.
Henry Musasizi, Minister of State for Finance Planning and Economic Development, hailed the launch as a “unique opportunity” for connecting businesses and brands in Uganda and the UK, emphasizing the government’s commitment to attracting trade and investment.
H.E. Kate Airey OBE, the British High Commissioner to Uganda, noted that the Chamber will provide a platform for the UK private sector to contribute to Uganda’s growth, leveraging their expertise and experience.
‘As the economy and investment environment became more difficult, we need to strengthen our community in order to succeed. That is why I am delighted to be launching the British Chamber of Commerce Uganda, which will help all of us. H.E. Kate Airey OBE, the British High Commissioner to Uganda said adding that,
‘Individually our voice is small, but collectively, we can partner to support Uganda’s growth. The UK private sector has invested billions into Uganda’s economy, but our collective brand should be stronger. Having a chamber will give us the platform to strengthen the relationship between the UK and Uganda.’
Sanjay Rughani, CEO of Standard Chartered Bank and Founding Member of the BCCU said:
‘I am very pleased to be launching the British Chamber of Commerce Uganda as one if its founding members… We want to be the trusted voice of British business in Uganda, advocating for our members’ interests, facilitating networking and collaboration, and contributing to economic prosperity of both nations.’
Members of the British Chamber of Commerce will have access to exclusive benefits including connections to government and private sector organisations in the UK and Uganda, invitations to networking events, briefings and forums on topical issues, access to trade delegations supported by the Chamber, access to information released by the other British Chambers of Commerce around the world, invitations to events in London hosted by the British Chambers of Commerce Headquarters. Membership fees start at $650 per annum. There are three tiers of membership, plus an additional higher tier only available in the first year.
The criteria for membership includes British companies, a company with British directors or shareholders, any Ugandan company doing business with or in partnership with a UK company. Any other companies that do not fit these criteria but are interested in membership can express an interest in joining.
