Tag Archives: exports

Moscow, Russia | Xinhua | Russia will be more prudent this year in exporting food, especially to countries that are pursuing a hostile policy towards Russia, President Vladimir Putin said Tuesday. “This year, against the backdrop of a global food shortage, we will have to be more prudent in our food …

Kampala, Uganda | THE INDEPENDENT | The European Union and the Private Sector Foundation Uganda (PSFU) have revived the Sustainable Business for Uganda (SB4U), a trade improvement initiative that was disrupted by the COVID-19 outbreak, one year after its launch. The platform launched in 2019 is aimed at enabling Uganda’s export …

Planned increases by the OPEC+ countries are sufficient to address any shortages that may occur in the crude oil supplies to the world markets Baghdad, Iraq | Xinhua | Iraq said on Wednesday that its crude oil exports are in line with the consumption in the world oil market, ruling out …

Addis Ababa, Ethiopia | Xinhua | Africa welcomes the “generous offer” China is set to provide members of the African Union (AU) to help augment exports in the coming years, a senior official has said. Wamkele Mene, the secretary-general of the African Continental Free Trade Area (AfCFTA), told Xinhua that …

Brussels, Belgium | Xinhua | The European Union will not renew its mandatory approval system for COVID-19 vaccine exports when it expires at the end of the year, the European Commission said on Friday. This means that vaccine producers will no longer have to request authorization to export vaccines outside the …

Mbarara, Uganda | THE INDEPENDENT | Uganda has secured a new market for its milk in Zambia following a long unresolved impasse with Kenya which was the largest market for Uganda’s exports. Since December 2019 when Kenya authorities ceased at least 3000 bags of powdered milk and packets of Lato …

Kampala, Uganda | THE INDEPENDENT | Uganda’s exports to the United Arab Emirates have grown from $300 million since diplomatic relations were established in 2009 to $1.85 billion in 2020. Exports are mainly precious minerals, high value crops and labour. President Yoweri Museveni today visited Uganda’s stall and pushed for more …

Kampala, Uganda | THE INDEPENDENT | Government has started engaging owners of gold companies so as to reach an understanding over the new taxes imposed on gold. This is after the Ministry of finance reported that the country lost over 470 billion Shillings in taxes on the exportation of gold due …

Kampala, Uganda | THE INDEPENDENT | Uganda exported a record 6.08 million coffee bags in the financial year 2020-2021, the highest total for 12 months in 30 years. Exports for FY20/21 were also worth $559m compared to 5.11m bags worth $496m in FY19/20. The figures were boosted by June’s 618,388 bags worth US$ 58.56m, …

Government has been advised to undertake analytical studies on the value of fish maw internationally with the view to increase the levy upwards Kampala, Uganda | THE INDEPENDENT | Parliament has approved an eight per cent tax levy on fish maw exports following the passing of the Fish (Amendment) Bill, 2021. In …