Secretary to the Treasury, Ggoobi meets multinational coffee merchant Tamari in 2-day visit to Geneva Geneva, Switzerland | THE INDEPENDENT | Secretary to the Treasury, Ministry of Finance, Planning and Economic Development Ramathan Ggoobi has expressed gratitude to the World Trade Organization (WTO) for its continuous support to Uganda. He highlighted the …
Read More »EU, EAC launch Shs 30bn projects to boost trade and integration
The new projects align with the EU’s broader strategy to support regional integration through the AfCFTA and the Team Europe Initiative Kampala, Uganda | THE INDEPENDENT | The European Union and East African Community have launched three strategic initiatives aimed at deepening regional integration, enhancing trade, and fostering inclusive economic growth. …
Read More »Uganda safe for tourism, trade despite Ebola outbreak
MBALE, Uganda | Xinhua | Uganda’s Ministry of Health said Wednesday the country is safe for tourism and trade despite an Ebola outbreak. Minister of Health Jane Ruth Aceng told reporters in the eastern Ugandan city of Mbale that the outbreak is confined to well-defined areas in Kampala, the Ugandan …
Read More »Prosper Africa, Afreximbank partners to promote US-Africa trade
Washington, DC | THE INDEPENDENT | Prosper Africa and African Export-Import Bank have signed a new Memorandum of Understanding to boost trade and investment between the United States and Africa in key sectors. This strategic partnership aims to leverage the unique strengths of both organizations to mobilize trade opportunities and investment …
Read More »Uganda, 8 other countries become BRICS partners from today
MOSCOW, RUSSIA | TASS | Belarus, Bolivia, Cuba, Indonesia, Kazakhstan, Malaysia, Thailand, Uganda and Uzbekistan will become BRICS partner states from January 1, 2025, the Russian Foreign Ministry reported, adding that four other countries have received invitations. “From January 1, 2025, Belarus, Bolivia, Cuba, Indonesia, Kazakhstan, Malaysia, Thailand, Uganda, Uzbekistan …
Read More »UK officially joins Asia-Pacific trade bloc CPTPP
LONDON | Xinhua | The United Kingdom officially joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Sunday, becoming the first European nation to join the Asia-Pacific trade bloc. The 12-country landmark trade agreement is expected to boost the British economy by 2 billion pounds (about 2.52 billion …
Read More »East Africa’s cargo tracking boosts trade
URA saves over $1m in escort costs, transit time from Mombasa reduced ANALYSIS | IAN KATUSIIME | Digital trade interventions like East Africa’s regional electronic cargo tracking systems (RECTS), and Uganda’s national electronic single window (UeSW) have been praised for enhancing trade, improving revenue collection, and saving traders millions of traders …
Read More »Stanbic PMI shows good business in October
Kampala, Uganda | THE INDEPENDENT | The latest Stanbic Purchasing Managers’ Index (PMI) data reveals a sustained expansion in Uganda’s private sector for the seventh consecutive month, as business activity and new orders continue to rise. The headline PMI for October recorded a value of 52.9, slightly down from September’s, yet …
Read More »Equity Bank brings together Indian and Ugandan trade expertise
Equity Bank and Confederation of Indian Industries launch the India-Uganda trade mission to boost bilateral trade and investment opportunities 🟥DAY 1⃣ 🇺🇬🇮🇳 ✳️ Kampala Serena Hotel • The India-Uganda Trade Mission is a pivotal step in enhancing bilateral trade and investment opportunities between Uganda and India. • Key sectors such …
Read More »The 10 largest Intra-Africa export countries
The African Continental Free Trade Area (AfCTFA) is the world’s largest single market by geography and population. It is expected to grow to 1.7 billion people and 6.7 trillion US dollars by 2030. Here is a list of the top ten countries already taking advantage of trade with their neighbours. …
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