Kiev, Ukraine | Xinhua | Ukraine has the potential to export 43 million tons of grain and oilseeds from this year’s crop, an industry body said on Tuesday. In 2023, Ukraine is expected to harvest 42.5 million tons of grain and 18.9 million tons of oilseeds, the Ukrainian Agribusiness Club …
Read More »Ukraine’s grain, oilseeds exports may fall by third this year
Kiev, Ukraine | Xinhua | Ukraine’s combined grain and oilseeds exports are expected to fall by a third this year, Agrarian Policy and Food Minister Mykola Solsky said on Wednesday. Solsky said Ukraine will supply about 46 million tons of cereals and oilseeds abroad in 2023, according to a statement …
Read More »Visa, tax policies to dominate Uganda-South Africa investment network
Kampala, Uganda | THE INDEPENDENT | Uganda plans to increase its annual exports to 6 billion dollars excluding oil exports, between 2023 and 2028 from the current average of 3.5 billion dollars. This should also reduce the big trade imbalance that has been blamed for the foreign exchange rate, and …
Read More »Zambia halts electricity exports
Lusaka, Zambia | Xinhua | The Zambian government on Friday announced that it has halted electricity exports to some neighboring countries due to reduced power generation capacity the southern African country was facing. Minister of Energy Peter Kapala, however, said the government will not completely do away with exports in order to …
Read More »Boosting private sector development in Uganda
Players task government to walk the talk at 13th national competitiveness forum Kampala, Uganda | JULIUS BUSINGE | Private sector players have asked government to walk the talk while promising to boost private sector activities that drive overall growth of the economy. The call was made by multiple speakers at the …
Read More »Tanzania targets to export 16,000 tons of meat by 2026: official
Dodoma, Tanzania | Xinhua | State-run Tanzania Meat Board (TMB) on Friday announced measures aimed at increasing exports of meat to 16,000 tons annually by 2026. Daniel Mushi, the TMB registrar, told a news conference in the capital Dodoma that Tanzania exported 3,256.6 tons of meat during the first quarter of …
Read More »Kenya buys half of August sugar from Uganda
Nairobi, Kenya | GERALD ANDAE – BUSINESS DAILY | Kenya bought half of its imported sugar from Uganda in August, making Nairobi a leading destination for Kampala’s exports during the month. Data from the Sugar Directorate shows that Uganda exported 9,739 tonnes of sugar worth Sh1.3 billion, accounting for 56 percent …
Read More »Coffee consortium seeks to eliminate middlemen
Kanungu, Uganda | THE INDEPENDENT | Coffee farmers and Traders in South Western Uganda have formed a Coffee Investment Consortium to address challenges faced by the sector. The Coffee farmers cite Middlemen and low prices as the major challenges while the traders cite poor post-harvest methods. The coffee investment consortium …
Read More »EAC urged to bring down costs of transport, logistics to boost exports
Dar es Salaam, Tanzania | Xinhua | The East African business watchdog called for deliberate actions to bring down the cost of transport and logistics to ensure exports compete at domestic and international levels. In a statement issued late Thursday, the East African Business Council (EABC) said EAC transport costs are …
Read More »Wheat price up 60 pct in Africa due to Russia-Ukraine conflict: AfDB chief
Abuja, Nigeria | Xinhua | The ongoing Russia-Ukraine conflict resulting in the disruption of wheat exports has pushed wheat prices higher by 60 percent in Africa, President of the African Development Bank (AfDB) Akinwunmi Adesina said in Abuja, the Nigerian capital, on Tuesday. Adesina, in a meeting with Nigerian President Muhammadu …
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