Tag Archives: imports

  Kampala, Uganda | THE INDEPENDENT | The Uganda Investment Authority (UIA) has unveiled a groundbreaking initiative to encourage traders in Kampala’s business hub, popularly known as Kikuubo, to transition from trading in imported products to manufacturing them locally. The “Transitioning Kikuubo Traders to Manufacturing” initiative” is hinged on the spirit …

BEIJING, CHINA | Xinhua | Though clashing in many ways, the current U.S. administration and its Republican predecessor have one thing in common: the trade war against China. As recently as February, U.S. utility company Duke Energy, under pressure from Congress, reportedly planned to remove Chinese battery giant CATL from …

Kampala, Uganda | THE INDEPENDENT | Uganda kicked off consultations with Tanzania to allow the Uganda National Oil Company to market and handle fuel imports. The latest move comes after declined to issue Uganda National Oil Corporation (UNOC) a license to operate as a local oil marketer. Energy And Mineral Development …

Nairobi, Kenya | THE INDEPENDENT | Uganda’s milk export figures are likely to suffer a new dent after Kenya suspended imports of powdered milk. In a notice dated March 6 to all milk importers in Kenya, the Kenya Dairy Board, KDB, said it was moving to protect local farmers from …

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 …

Kampala, Uganda | Xinhua | Ninety eight percent of Ugandan goods will, starting Dec. 1, access the Chinese market at zero tariff, officials said here Friday. Speaking at the public unveiling of the Special Preferential Tariff Treatment of Ugandan Exports to China, Zhang Lizhong, Chinese Ambassador to Uganda, said the expansion follows …

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 …

Hungary which imports 65 percent of its oil from Russia through the Druzhba pipeline, has asked for an exception from the ban Brussels, Belgium | Xinhua | European Union (EU) leaders gathered in Brussels on Monday for a special meeting that is likely to be overshadowed by disagreement on phasing out …

Dar es Salaam, Tanzania | Xinhua | The government of Tanzania on Monday announced plans aimed at ending sugar and edible oil imports by 2025. The plans were announced by the Minister for Agriculture, Hussein Bashe, and the Minister for Investment, Industry and Trade, Ashatu Kijaji, when they addressed parliament in …

Tariffs have harmed American jobs, American consumers, American companies and the country’s global competitiveness Washington, U.S. | Xinhua | The U.S. business groups have urged the Biden administration to remove punitive tariffs on U.S. imports imposed by the previous administration, as tariffs continue to hit American businesses and consumers while pushing …