Yoweri Kaguta Museveni on Thursday evening hosted former Jacob Zuma at State Lodge Nakasero for discussions centered on regional business cooperation, investment, and industrial development.
According to President Museveni, the meeting focused on opportunities for increased collaboration between Uganda and South African investors, particularly in strategic sectors linked to industrialisation and value addition.
Museveni said Uganda remains open to partnerships that promote local manufacturing, processing of raw materials, and regional economic integration.
“Our discussions touched on opportunities for increased business and investment cooperation, particularly in strategic sectors that support industrialisation and value addition,” Museveni said after the meeting. “I welcomed their interest. We shall support them.”
The engagement comes as Uganda continues to position itself as a regional investment destination, with government increasingly emphasizing value addition, agro-industrialization, oil and gas development, infrastructure expansion, and regional trade integration.
The meeting also reflects ongoing efforts by Kampala to deepen economic and political ties with countries across the African continent through private sector partnerships and cross-border investment initiatives.
South Africa remains one of Africa’s largest economies and an important trade and investment partner within the continent, while Uganda has increasingly promoted itself as a gateway to the East African market.
Analysts say such high-level engagements are part of broader regional efforts aimed at strengthening intra-African trade and investment under frameworks such as the African Continental Free Trade Area (AfCFTA).
