Government Rallies Ugandans to Drive Economic Growth Ahead of UG Catalyst Summit 2026

By Carolinah Nakibuule | Thursday, June 18, 2026
Government Rallies Ugandans to Drive Economic Growth Ahead of UG Catalyst Summit 2026

Ugandans have been urged to work together to strengthen the country's economy and accelerate national development as government intensifies efforts to support small and medium enterprises (SMEs), which are considered key drivers of economic transformation.

The call was made ahead of the UG Catalyst Summit 2026, a national platform expected to bring together private sector players, SME associations, policymakers, development partners, and government officials to discuss strategies for accelerating Uganda's economic growth.

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The summit, scheduled for June 25–26, 2026, is being organized with the support of the Ministry of Trade, Industry and Cooperatives, the National Planning Authority (NPA), and various associations representing small-scale industries.

Addressing journalists at the Uganda Media Centre in Kampala, officials said the summit will focus on advancing Uganda's 10-fold growth strategy, which aligns with government priorities in agro-industrialization, trade development, mineral-based industrialization, and value addition.

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Patrick Mugisha, Commissioner for Business Development and Quality Assurance at the Ministry of Trade, Industry and Cooperatives, said government is pursuing an ambitious target of expanding Uganda's economy from approximately $50 billion to $500 billion within the next 15 years.

"The private sector, particularly SMEs, has a critical role to play in achieving this vision. Through initiatives such as the UG Catalyst Summit, we aim to create stronger partnerships that can drive investment, innovation, and sustainable economic growth," Mugisha said.

National Planning Authority representative Asuman Golooba acknowledged the progress Uganda has made in recent years but noted that unemployment remains one of the country's biggest challenges.

He emphasized that collective action and national unity are essential for achieving meaningful economic transformation.

"If Ugandans work together, it is possible to significantly improve the economy and create more opportunities for our people," Golooba said.

Ssekimpi Philip Kakembo, leader of the Uganda Tailors Association, underscored the importance of strengthening collaboration between government and industry players.

"The plan for industries and government to work together will greatly contribute to improving Uganda's economic growth. Strong partnerships will help local enterprises expand, create jobs, and increase production," Kakembo said.

Organizers say the summit will provide a platform for stakeholders to explore practical solutions for supporting SMEs, promoting industrialization, enhancing competitiveness, and increasing Uganda's participation in regional and international markets.

The event is expected to generate recommendations that will contribute to the country's long-term goal of achieving inclusive and sustainable economic growth.

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