RIC-NET Information Officer and Community Out-Reach Officer on 12th and 13th Sept 2013 participated in the fourth annual market information symposium at Royal Suites Hotel, Bugolobi in Kampala. The symposium organized by Agro-Pro focus in collaboration with its other partners like SNV, FIT-Uganda, and aBi Trust was conducted under the theme “Meet the Buyer; Stimulating sustainable market relationships in Agribusiness for competitive trade”.
The symposium aimed at creating understanding on the market from the buyer’s perspective. The symposium also sought to level the ground for the participation of farmers/producers in the domestic supply chain by highlighting the supply gaps, challenges faced by the producers, trader loss and gains, buyer worries and to expose some of the current market practices.
Over one hundred people participated in this symposium. They included, members of Agro profocus Uganda, Kenya, Rwanda and Netherlands especially the network participants that are interested in Market Information, NGOs doing agricultural related work, companies- buyers and sellers of produce and or farm equipments, farmers, financial institutions, Progressive farmers and business men, Ministry of Agriculture, MPs and Ministers from the line committees and ministries of agriculture, Industry and Technology.
At the symposium institutions exhibited and also shared information on the different goods and services they offer and or are engaged in and how they can be accessed. Financial institutions like Centenary, Stanbic bank, and Finance Trust shared what agribusiness packages they have while private sector- companies shared their niche too.
In addition to this participants deliberated on a lot of things for example on day one they focused on exposing the current practice of buyer market and also allowed the producers and traders to interact and brainstorm on the best approaches to address domestic and international market supply constraints. Participants also talked about the tools for trade that both buyers and sellers need for efficient and effective trading relationship. On Day two highlights on market information intelligence needed to succeed in domestic and international markets, sources of information were also done. This was later concluded with an open forum hosted by buyers stating their supply interests in the market and a cocktail dinner that allowed for further interaction, networking and deal making amongst and or between the participants- call it meeting the buyer!
Among other key events at the symposium The 2013 Market Analysis Report whose purpose is to advance agribusiness in Uganda through information was launched by the State Minister for industry and technology. The report provides information on the market price trends on a range of commodities in the various markets of Uganda, a list of agro-input dealers across the country, private sector and financial institutions engaged in agriculture related work – buying and selling of its products and other related information like how to access routine market information both on and offline.
Several outcomes were realized; they included fruitful dialogue between domestic buyers and traders/farm producers, establishment of a level platform for the negotiation of business within the domestic market, and creation of sustainable business linkages and relationship for domestic food value chains.
Details about this event can be viewed on video at RIC-NET or be accessed at www.symposium2013.fituganda.com