GOVT PROMOTING COMPETITION

Minister of Commerce, Trade and Industry Christopher Yaluma says Government will continue to create an effective competitive environment to enhance economic development.
Mr. Yaluma says competition and economic regulation are an effective tool for breaking up concentrated markets and encouraging economic diversification.
He says Government has continued to implement reforms that promote a diversified private sector led economy.
Mr. Yaluma says Government is committed to ensuring that market participants in the economy trading on a level playing field by ensuring that the markets are fair as guided by the competition and consumer protection Act.
He said this in a statement read on his behalf by the Permanent Secretary Kayula Siame at the one-day conference held under the theme competition policy and private sector – an inclusive approach.
And Italian Ambassador Filippo Scammacca said the competition policy is a powerful tool in the promotion of a more inclusive and fairer private sector development.

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