Kampala, Uganda | THE INDEPENDENT | A policy-making organ in the East Africa Community has given Tanzania Burundi six months to harmonize their phone call costs with the rest of the bloc. The Sectoral Committee on Transport, Communications, and Meteorology directed the two countries to implement the EAC Roaming Framework by …
Read More »Gov’t sets electricity tariffs for 2023
Kampala, Uganda | THE INDEPENDENT | The government has set electricity tariffs for the first quarter of 2023 beginning January to March. The new tariffs announced by the Chairperson of the Electricity Regulatory Authority-ERA, Dr, Sarah Kanaabi Wasagali, show that domestic users shall pay 250 Shillings for the first 15 units …
Read More »VP Alupo calls for more equitable trade with China
Kampala, Uganda | THE INDEPENDENT | Vice President Jessica Alupo has said Uganda will benefit more from its relationship with China if the wide trade deficit between the two countries is narrowed. Speaking during the celebrations to mark 60 years of Uganda’s diplomatic relationship with China, at the Kampala Serena Hotel, …
Read More »Countries asked to place regional integration above national interest
Kampala, Uganda | THE INDEPENDENT | South Africa is concerned that most African countries still consider national interests ahead of regional integration which continues to stifle regional trade and development. According to South African Minister for International Relations and Cooperation Naledi Pandor, this is likely to limit the outcomes of the …
Read More »Pundits criticize Biden’s delay in trashing Trump’s trade war
Denver, U.S. | Xinhua | Each week, more economists and U.S. policy experts question U.S. President Joe Biden’s delay in dumping his predecessor Donald Trump’s trade war against China, citing the potential benefits being missed. “Talk about missing the boat … it would slow inflation, stimulate the economy, and send an …
Read More »European Union renews efforts to grow Ugandan export
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 …
Read More »U.S. House votes to suspend normal trade relations with Russia
Washington, U.S. | Xinhua | U.S. House of Representatives on Thursday voted to suspend normal trade relations with Russia, paving the way for the U.S. government to impose higher tariffs on Russian goods. The lower chamber approved the measure by vote of 424-8, with a few Republicans voting against, sending the …
Read More »Lower domestic electricity tariffs – LOP
Kampala, Uganda | THE INDEPENDENT | The Leader of the Opposition, Mathias Mpuuga, has proposed a reduction in electricity tariffs for domestic consumers by at least Shs200 per unit. Mpuuga said that the current Shs882 per kilowatt-hour is so high and has led to the decline in the consumption of electricity. …
Read More »Parliament tasks telecom operators on improved tariffs, network coverage
Kampala, Uganda | THE INDEPENDENT | Parliament’s Committee on Information Communication Technology and National Guidance on Monday tasked the National Telecommunication Operators, MTN and Airtel to improve on their network coverage and sensitize subscribers about the their tariffs. It follows a petition to Parliament by six concerned subscribers in November 2021. …
Read More »EAC bloc nears conclusion of tariff offer to conform to AfCFTA tariffs
Arusha, Tanzania | Xinhua | The East African Community (EAC) is making strides in conforming to trading requirements under the African Continental Free Trade Area (AfCFTA), with plans underway to finalize the EAC tariff offer, the EAC said in a statement on Wednesday. The EAC Sectoral Council on Trade, Industry, Finance …
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