Cotton sub-sector in Uganda is looking up as per the reviews made for the cash crop with the input of the sector seemingly felt but from a far off. It has not been a bother much to the bigger spectrum of the agriculture sector as it seeks to make more efforts to see the success of the crop. A number of prevailing challenges are yet to be discussed to enhance the expansion of the sector.
The production of the commodity has increased in spite of the challenges with the era of 2016/17 and 2017/18. The Ministry of Agriculture has lamented over underfunding of the sector which is the forefront of the country. The Government is yet to address the issue over the financial budget with the sector having much to achieve.
The improved production has aided the Government in collection of revenue and taxes it can plough back to bring in more return on investments. This could fatten the financial budget as it looks to build a stronger economy status in East Africa and cater for other financial obligations without asking for external sources of help that could destabilize the economy of the state.
Cotton Development Organisation (CDO) has reiterated the competition faced from Far East and the imports of second hand clothing. However, with the increased production Uganda can seek to expand the textile industry in the country. The President is keen on supporting the local textile companies to be competitive and offer job opportunities to the citizens.
Investors would be impressed to to invest in the industry seeking the available opportunities to bolster their agenda.
Farmers have been urged to expand their lands as there will be an available market for them to benefit from by the help of the government. ‘Buy Uganda Build Uganda’ initiative will be the driving factor to stir the growth and propulsion of the cotton industry.