WTO members made history February 15, 2021 when the General Council agreed by consensus to select Ngozi Okonjo-Iweala of Nigeria as the organization’s seventh Director-General Addis Ababa, Ethiopia | Xinhua | The appointment of Nigeria-born Ngozi Okonjo-Iweala as the first African director-general of the World Trade Organization (WTO) can help rebalance …
Read More »Ngozi Okonjo-Iweala is WTO Director-General
WTO members made history February 15, 2021 when the General Council agreed by consensus to select Ngozi Okonjo-Iweala of Nigeria as the organization’s seventh Director-General Washington, US | THE INDEPENDENT | When she takes office on March 1, Dr Ngozi Okonjo-Iweala will become the first woman and the first African to …
Read More »Kadaga encourages Ugandans to sue Kenya for blocking imports
Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament Rebecca Kadaga has called on concerned Ugandan citizens to sue the Kenyan government for unfair trade practices that infringe on the treaty of the East African cooperation. Kadaga on Wednesday reminded Ugandans of their right to take a partner state to …
Read More »East Africa urged to improve infrastructure to spur cross border trade
Nairobi, Kenya | Xinhua | The East African Business Council (EABC), a private sector investment lobby on Wednesday called for prioritization of infrastructure development at border posts to facilitate seamless flow of goods and movement of persons as cross border business rebounds. Peter Mathuki, CEO of EABC, particularly stressed the improvement …
Read More »MILK WAR: Uganda set for ‘peace talks’ with Kenya
Kampala, Uganda | THE INDEPENDENT & PARLIAMENT MEDIA | Ugandan Members of Parliament (MPs) are unhappy with government’s failure to resolve a dairy products ban imposed by neigbours Kenya. Speaker Rebecca Kadaga asked Ugandan dairy sector stake holders to consider legal action, if diplomatic channels have failed, as Trade and Industry …
Read More »Stanbic Purchasing Managers’ Index dips as business activity declines
✳ Business activity declines in January – first time in seven months in Uganda ✳ New orders and employment fall ✳ Companies still optimistic regarding 12 months outlook Kampala, Uganda | THE INDEPENDENT | Business conditions deteriorated for the first time in seven months for the Ugandan private sector in …
Read More »AfCFTA can position African economies stronger against COVID-19
Addis Ababa , Ethiopia | Xinhua | The African Continental Free Trade Area (AfCFTA) Agreement can potentially position African economies stronger in the face of future global shocks such as the ongoing COVID-19 pandemic, a senior United Nations trade policy expert said on Wednesday. Speaking exclusively to Xinhua, David Luke, Coordinator …
Read More »Rape, extortion frustrate Uganda-South Sudan traders
Kampala, Uganda | THE INDEPENDENT | Female traders involved in cross border trade between Uganda-South Sudan have raised a red flag on sexual violence and extortion at security checkpoints along the Nimule-Juba highway. The women say they are sexually assaulted by armed security personnel along Elegu and Nimule borders. The conduct …
Read More »Africa officially starts trading under AfCFTA
Addis Ababa, Ethiopia | Xinhua | The African continent on Friday started trading under the African Continental Free Trade Area (AfCFTA) Agreement. The AfCFTA, which was launched in March 2018 in the Rwandan capital, Kigali, has so far garnered 54 AU member signatories, offering new hope and continental exhilaration in terms …
Read More »Uganda – Kenya trade tension
Ugandan manufacturers to ran to East African Court of Justice over trade restrictions Kampala, Uganda | JULIUS BUSINGE | Tensions between Ugandan traders and the Kenyan government is likely to get worse a head of the festive season this December, according to executives at the Uganda Manufacturers Association. The traders …
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