Tehran, Iran | Xinhua | An Iranian lawmaker said on Monday that the Western sanctions on Iran and Russia have brought the two sides closer to each other in trade and economy, official news agency IRNA reported. Iran and Russia are providing one another with the products they fail to have …
Read More »
Rome, Italy | Xinhua | Reducing trade costs would help boost sustainable development in the agrifood sector, enhancing integration and transformation especially in low-income economies, the United Nations Food and Agriculture Organization (FAO) said in a flagship report Tuesday. “A robust and well-integrated global agrifood system can help all countries withstand …
Read More »
Nairobi, Kenya | Xinhua | The African Continental Free Trade Area (AfCFTA) on Tuesday said it will promote the use of local currencies in order to boost trade amongst African countries. Prudence Sebahizi, the Chief Technical Advisor at the AfCFTA Secretariat told journalists in Nairobi, the capital of Kenya that currently …
Read More »
Kampala, Uganda | THE INDEPENDENT | African coffee-producing countries have gathered in Nairobi to chart ways of improving the continent’s coffee sector and cushion it from global shocks. These include the effects of pandemics, trade barriers, and market dynamics like unfair taxes and trade restrictions among others. The first G25 Coffee …
Read More »
Uganda private sector to hold first business summit in Democratic Republic of Congo | THE INDEPENDENT | Private Sector Foundation Uganda representing private sector business associations in partnership with Government of Uganda will hold the first ever Uganda- DR Congo Business Summit between May 31 and June 8 in Kinshasa …
Read More »
PSFU hosts a High-Level Public-Private Policy Dialogue on the status of the East Africa Community integration process on investments and job creation Kampala, Uganda | THE INDEPENDENT | First Deputy Prime Minister Rebecca Kadaga has urged the Uganda government and the private sector to focus on tapping into the DRC …
Read More »
As the conflict drags on, African countries with trade ties with Russia and Ukraine face wheat and fertilizer supply shortages Addis Ababa, Ethiopia | Xinhua | The Russia-Ukraine conflict has rocked several countries in Africa, particularly net importers of commodities, a senior economist has said. Tewodros Mekonnen, an economist at the …
Read More »
Nebbi, Uganda | THE INDEPENDENT | Local investors in West Nile have tasked the government to address the insecurity in the Eastern Democratic Republic of Congo (DRC), which they say is hampering trade in the region. The investors made the appeal in Nebbi district on Tuesday, during the West Nile investment …
Read More »
Moscow, Russia | Xinhua | Russian President Vladimir Putin signed a decree on Thursday on new rules of natural gas trade with “unfriendly” countries and regions, vowing to halt existing contracts if these buyers refuse to pay in rubles. “Today I signed a decree … To purchase Russian natural gas, they …
Read More »
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 »
The Independent Uganda: You get the Truth we Pay the Price