Human capital, security and governance take lion’s share of the 2021 national budget | THE INDEPENDENT | Uganda’s newly appointed State Minister for Planning Amos Lugolobi on June.10 unveiled the contents of the 2021/22 national budget to the public. Setting out the government’s tax and spending plans for the year …
Read More »East African mulls COVID-19 economic recovery plan
Nairobi, Kenya | XINHUA | The East African Community (EAC), a regional economic bloc, is planning to develop a COVID-19 economic recovery plan to help the region rebuild from the negative effect of the pandemic.Juvenal Ndimurirwo, director of finance for the EAC Secretariat, told a virtual meeting Friday that the …
Read More »East African regional bloc urges EU to lift sanctions on Burundi
Dar es Salaam, Tanzania | Xinhua | The East African Community (EAC) has urged member states of the European Union (EU) to lift sanctions imposed on Burundi, saying the country has opened a new page and is ready to move forward. Peter Mathuki, the EAC Secretary General, said in a statement …
Read More »NRM promotes trade in the region
NRM MANIFESTO WEEK | The Ministry of Trade implemented the manifesto commitment of continuing fast-tracking the East African Community (EAC) economic and political integration in line with the vision of having a single monetary union and achieving political federation of all the EAC member states. Economic integration was deepened …
Read More »New EAC boss pledges to eliminate trade barriers, push political unity
Kampala, Uganda | THE INDEPENDENT | The new East African Community Secretary General, Peter Mathuki has set uniting the partner states of the trading bloc as his number one priority at the start of his five-year tenure. The seasoned business executive who takes over from Ambassador Liberat Mfumukeko officially starts his …
Read More »EAC governments need budgets of survival and recovery
2021 EAC congress of accountants exposes economic integration opportunities Kampala, Uganda | JULIUS BUSINGE | Uganda on April 14-16, hosted the third East African Congress of Accountants to deliberate about economic integration issues. The congress that attracted about 1,000 participants both online and physical, was held at a time Ugandan …
Read More »Inside the Kenya-Uganda trade talks
Access to Kenyan market still a pain for Ugandan traders Kampala, Uganda | ISAAC KHISA | Ugandan traders had high hopes when Betty Maina, Kenya’s Cabinet Secretary for Industrialization, Trade and Enterprise Development visited Uganda on a recent weeklong bilateral visit. The local traders hoped that the key issues that …
Read More »Competition, political interests killing EAC integration
Kampala, Uganda | THE INDEPENDENT | The faltering of the East African member states is an indicator that leaders have to launch a new and comprehensive consultation for solutions that will make it work. The observation was made by professional bodies, economic analysts and government officials in the wake of trade …
Read More »Standards in the maize value chain
13-point farmers plan to attain high product quality, wealth creation, trade harmony in EAC region COMMENT | DICK NUWAMANYA KAMUGANGA | The East African Community (EAC) regional maize trade is approximately 1.5 million Metric Tons per annum valued at US$ 260 million. Uganda is a leading net maize exporter in …
Read More »Ugandan traders claim ban on maize exports to Kenya is still on
They say Kenyan government will continue to use the excuse of aflatoxins to prevent entry of maize into their market Kamapala, Uganda | JULIUS BUSINGE | Kenyan authorities on March 11 announced the lifting of a ban on maize imports from Uganda and Tanzania but exporters claim the ban still …
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