Agro-processor seizes opportunity to export to Uganda
14 May 2019 - by Staff reporter
A Bloemfontein-based agricultural processing manufacturer that exports equipment to Botswana, Lesotho, Namibia and Eswatini has set its sights further north on one of Africa’s fastest-growing economies – Uganda.
Established in 2016, Basil’s Business Opportunities (BBO) has made significant inroads into the market of agro-processing and was yesterday announced as the only Free State company to join the Department of Trade and Industry (dti) on an outbound mission to Kampala.
BBO founder Basil Phupha will be one of 25 business people to accompany trade and industry minister Dr Rob Davies on the dti-funded trade mission.
Phupha’s decision to join the dti in efforts to market South Africa to Ugandan markets is widely seen as a clever move, particularly as Uganda appears to be growing faster than its ability to meet demand ever since oil exploration near its shore with Lake Albert took off.
Speaking to FTW Online recently, Africa House director Duncan Bonnett called the oil deposits in the east of Uganda “a massive game-changer with spin-off business opportunities for all sectors”.
Phupha himself said: “Our main goal for travelling to Uganda is to find the market for our products that we can export to the East African country and the region. This is in line with our company’s long-term plan to increase the number of African countries that our products are exported to.”
Adding his assessment ahead of the trade mission from 19-24 May, Davies said Uganda “is a viable market for business because it has the potential to be a transportation, logistics and transit hub for regional trade and investment”.