Kampala, Uganda | THE INDEPENDENT | The East African Community Council of Ministers has set 1st July 2021 as the date for the inception of the East African Monetary Institute (EAMI). The EAMI is a transitional mechanism to the regional Central Bank that will issue the single currency, planned to be …
Read More »
But manufacturers want power to come at cheaper price to enhance their competitiveness Kampala, Uganda | JULIUS BUSINGE | Industries operating within Kampala Industrial and Business Park, Namanve, are now receiving reliable, stable, quality and adequate electricity following Uganda Electricity Transmission Company Limited’s bold step to install 189MVA, 132/33kv Namanve …
Read More »
Addis Ababa, Ethiopia | Xinhua | Zambia has submitted the instruments of ratification of the African Continental Free Trade Area (AfCFTA) agreement to the African Union (AU) Commission. The Southern Africa country deposited its instrument of ratification to the AU Commission through its envoy, making it the 36th AU member to …
Read More »
Recent events show that Africa’s dependence on external sources of finance is no longer sustainable. It is time for the continent to develop its own lending institutions | HANNAH RYDER AND OVIGWE EGUEGU | Amid all the distress of the Covid-19 pandemic in 2020, progress on the African Continental Free …
Read More »
Opportunities, Challenges, and why full implementation of the historic pact may take years ANALYSIS | THE INDEPENDENT | African countries began officially trading under the new African Continental Free Trade Area (AfCFTA) on Jan.01. It is a flagship project of the African Union’s Agenda 2063 to stimulate intra-African trade. In …
Read More »
Addis Ababa , Ethiopia | Xinhua | The African Continental Free Trade Area (AfCFTA) Agreement can potentially position African economies stronger in the face of future global shocks such as the ongoing COVID-19 pandemic, a senior United Nations trade policy expert said on Wednesday. Speaking exclusively to Xinhua, David Luke, Coordinator …
Read More »
Addis Ababa, Ethiopia | Xinhua | The African continent on Friday started trading under the African Continental Free Trade Area (AfCFTA) Agreement. The AfCFTA, which was launched in March 2018 in the Rwandan capital, Kigali, has so far garnered 54 AU member signatories, offering new hope and continental exhilaration in terms …
Read More »
Kampala, Uganda | THE INDEPENDENT | Khisa Isaac | Intra-African trade makes up just 20 per cent of economic activity yet holds key to reducing reliance on imports and boosting food security post-COVID, says Malabo Montpellier Panel. The African Continental Free Trade Area (AfCFTA), due to launch in January 2021, is likely …
Read More »
More African travellers able to travel visa-free across continent Kampala, Uganda | RONALD MUSOKE | Uganda is ranked seventh on the continent when it comes to allowing in African visitors, according to the 2020 Africa Visa Openness Index. The East African nation is only behind Seychelles, Benin, Gambia, Senegal, Ghana …
Read More »
Nairobi, Kenya | Xinhua | The UN on Thursday urged Africa to develop clear competition and consumer protection rules for African Continental Free Trade Area (AfCFTA) in order to boost trade. Mukhisa Kituyi, secretary general of United Nations Conference on Trade and Development (UNCTAD) told a trade forum in Nairobi that …
Read More »
The Independent Uganda: You get the Truth we Pay the Price