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. …
Read More »Equity Bank Uganda customers to engage Tata, Ashok Leyland execs at Serena
The Uganda-India trade mission will bring together high-level representatives from various sectors, including agriculture, manufacturing, ICT, health, infrastructure, roads and transport, to foster meaningful business engagements, explore investment opportunities, and promote bilateral trade. Kampala, Uganda | THE INDEPENDENT | Kampala Serena Conference Centre will be the place to be for …
Read More »EAC secures a new trade boost to support entrepreneurs
Kampala, Uganda | THE INDEPENDENT | A new $508,000 initiative launched by the United States Agency for International Development (USAID), in partnership with TradeMark Africa (TMA) and the East African Business Council (EABC), will empower 3,000 farmers, processors, and private proprietors, along with 220 small and medium enterprises (SMEs) across East …
Read More »Kenya bans sugar imports from outside COMESA, EAC
NAIROBI, Kenya | Xinhua | Kenya on Tuesday imposed a ban on sugar imports from outside the Common Market for Eastern and Southern Africa (COMESA) and the East African Community (EAC), two regional trade blocs, citing an increase in local production. Andrew Karanja, cabinet secretary for the Ministry of Agriculture …
Read More »Vice President Alupo hails strong Uganda-China relations
VP Jessica Alupo: Uganda draws valuable lessons from China’s modernization path BEIJING, China | Xinhua | Uganda has drawn valuable lessons from China’s modernization experience, Ugandan Vice President Jessica Alupo has said. In a written interview with Xinhua for the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) in …
Read More »What African visitors are adding to their baskets at Beijing’s Silk Market
BEIJING | Xinhua | The ongoing 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) offers an array of side activities for foreign guests who have traveled from afar. When I opened a brochure introducing these activities, I found out that Silk Street, a landmark market in Beijing, was among …
Read More »