Tag Archives: trade

Uganda Exports 🟡Feb 2024        2025 Feb Coffee $82.56m              $167m Cocoa $25.98m              $68.7m Tobacco $2.89m               $17.05m Minerals $268.88m          $318.71 NEWS ANALYSIS | NEBERT RUGADYA | Uganda’s …

The world trade body previously expected global goods trade to expand by 2.7% in 2025 but it now forecasts it will fall by 0.2% ANALYSIS | CHARLOTTE EDWARDS | The World Trade Organization (WTO) has forecast that global trade will fall this year because of US President Donald Trump’s tariffs. It …

ADDIS ABABA | Xinhua | The economic and trade cooperation between China and Africa is gaining momentum, with trade volume recording a 6 percent year-on-year increase to 295 billion U.S. dollars in 2024, Chinese and African Union (AU) officials have said. China has been Africa’s top trading partner for 15 …

MOSCOW, RUSSIA | TASS | US President Donald Trump’s trade wars may push some Asian and African countries toward joining BRICS, a Russian expert said. “In recent days, and all throughout the past month, we have had a front row seat to the new challenges that have emerged from this …

KAMPALA, UGANDA | THE INDEPENDENT | The Ministry of Trade, Industry and Co-operatives is introducing structural and operational changes in the sector. These include directly selecting trade attaches to foreign missions, reviving the cooperative Bank, among others. Francis Mwebesa, the Trade Minister, says that the moves are coming in as …

The immediate effects of the tariffs are already evident. By imposing tariffs on goods from other countries, Trump’s policies have led to higher costs for businesses, which are often passed on to U.S. consumers in the form of increased prices for everyday goods like clothing, electronics and household items. COMMENT …

BRUSSELS | Xinhua | European shares dropped this week as a broad sell-off took hold, fueled by mounting concerns over the fallout of “Trumpcession,” a term coined by economists to describe the turbulence triggered by “erratic” trade and economic policies of U.S. President Donald Trump. The escalating strain in transatlantic …

ADDIS ABABA | Xinhua | African youth have been urged to leverage the African Continental Free Trade Area (AfCFTA) agreement to tap into broader continental market and economic opportunities. Experts and policymakers made the call on Saturday during a continental youth-themed meeting organized by the United Nations Economic Commission for …

BRUSSELS | Xinhua |  Transatlantic trade tensions have escalated following U.S. President Donald Trump’s announcement of a 25 percent tariff on European imports, with European countries warning that Europe will react “firmly and immediately” against unjustified barriers. The tariff plan announced by Trump on Wednesday covers various European imports, including …

  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 …