Mombasa, Kenya | THE INDEPENDENT | Ugandan and Kenyan traders will be the biggest beneficiaries after their two countries yesterday signed a raft of agreements meant to ease trade, cement political ties and improve their social/cultural connections. The colourful signing ceremony, conducted at the Kenyan coastal city of Mombasa, was witnessed …
Read More »SOUTH SUDAN: Traders ‘tired of ministry of finance’
Kampala, Uganda | THE INDEPENDENT | A section of Ugandan traders who were un paid for the supply of goods in South Sudan have demanded that their dues are settled by the Ministry of Trade, not the Ministry of Finance, where the Minister has rubbished their claims. The traders led …
Read More »MUSEVENI: Free movement of goods in East Africa is key
Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has emphasized that the free movement of goods and services is a matter of survival for Uganda, East Africa and Africa. “Supporting one another’s prosperity by buying one another’s goods and services is the correct way. With our united market, we can, …
Read More »COMESA trade barriers
COMESA: Experts call for harmonisation of standards within the trading bloc Kampala, Uganda | JULIUS BUSINGE | The Common Market for Eastern and Southern Africa bloc presents huge opportunities for businesses but a number of challenges remain. Delegates from Kenya, Uganda, Rwanda, Ethiopia and Malawi said at a recent meeting …
Read More »UK parliament deals historic defeat to PM May’s Brexit deal
London, United Kingdom | AFP | Britain’s parliament on Tuesday voted against Prime Minister Theresa May’s Brexit deal by a massive margin, triggering a no confidence vote that could bring down her government. The House of Commons lower house voted 432 to 202 against May’s plan for taking Britain …
Read More »Trade war ‘certainly’ hurting China economy: US official
Washington, United States | AFP | China’s economy is more vulnerable to the fallout in the current trade stand-off with Washington and already has been hurt by the dispute, US Commerce Secretary Wilbur Ross said Monday. Ross’s remarks emphasized President Donald Trump’s confidence that the robust US economy means Washington …
Read More »Jimmy Carter says US, China should partner in Africa
Washington, United States | AFP | Former US president Jimmy Carter warned Monday of the risks of sliding into a Cold War with China and called on the powers to find common cause on African development. Marking the 40th anniversary of his January 1979 normalization of relations with Chinese leader …
Read More »US, China talk ‘progress’ after phone call on trade
Washington, United States | AFP | Both the US and China spoke of progress Saturday after telephone talks between their leaders over a trade war that has rattled global markets. “Just had a long and very good call with President Xi of China,” US President Donald Trump said on Twitter …
Read More »Tanzania opens market to Uganda’s sugar, agricultural produce
Mutukula, Tanzania | THE INDEPENDENT | The Tanzania government has agreed to give clearance to businessmen exporting agricultural produce and sugar from Uganda. The agreement was reached on Wednesday in a meeting between the Minister of Trade for Uganda Amelia Kyambadde and Joseph G. Kahinda, the Minister for Industry, Trade …
Read More »COMMENT: The G20’s Africa problem
Rather than include Africa in discussions about trade, the G20 addresses narrower development issue COMMENT | COBUS VAN STADEN | This has not been an easy year for the G20. The 2018 summit of the leaders of the world’s largest economies was held in Buenos Aires, a city still reeling from …
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