Tag Archives: trade

  Entebbe, Uganda | JULIUS BUSINGE |  Uganda’s local businesses have a reason to be optimistic about the future of doing business in the country in case the discussions that were held at the 5th Economic Forum organised by the Institute of Certified Public Accountants of Uganda (ICPAU) in Entebbe from July 19 …

Government sets terms for Nakumatt to pay suppliers Kampala, Uganda | JULIUS BUSINGE |Government of Uganda through the Ministry of Trade has given Nakumatt Holdings, a regional retail chain up to end of this month to have secured an investor to clear arrears for suppliers and landlords . In an …

Hamburg, Germany | AFP | World leaders made concessions on trade and climate language to Donald Trump Saturday at the end of the most fractious and riot-hit G20 summit ever, in exchange for preserving a fragile unity of the club of major industrialised and emerging economies. In a departure from final …

Tehran, Iran | AFP | French energy giant Total will finally sign its multi-billion-dollar agreement to develop an Iranian offshore gas field on Monday, the oil ministry said, in the biggest foreign deal since sanctions were eased last year. “The international agreement for the development of phase 11 of South …

  Kampala, Uganda | JULIUS BUSINGE |  Bank of Uganda is pessimistic about growth in private sector credit for the last quarter of this financial year. This is the latest bad news suggesting the country is yet to achieve desired economic growth of over 7%. “We are not likely to achieve …

How To Export Duty-Free From Uganda To The U.S. Under The African Growth And Opportunity Act (AGOA) This guide (below) outlines the step-by-step process that Ugandan businesses should take to export to the U.S. duty-free through AGOA. Exporting can be a challenging process, but it can also be profitable for the …

Kampala, Uganda | MIN FA|  Following leaked reports that President Yoweri Museveni had ordered a probe into collusion between Uganda Wildlife Authority (UWA) and several Chinese nationals, the Ministry of Foreign Affairs of Uganda has come out to clarify that the two accused are not diplomats. A statement released by the …

Beijing, China | AFP | China on Thursday posted a forecast-busting surge in exports and imports in May, signalling improvement in the world’s number two economy, but there were warnings Beijing would struggle to maintain its momentum. The readings will come as a relief after a series of weak readings …

Washington, United States | AFP | The World Bank is keeping its forecast for global growth in 2017 unchanged, because for the first time in years, no new risks have arisen to threaten the outlook. “Over the past four years this is the first time we didn’t have a downgrade …

Beijing, CHINA | PSCU| China’s vision of an interconnected world with enhanced trade supports the African desire for shared prosperity, Kenya’s President Uhuru Kenyatta has said. Kenyatta, who spoke during a roundtable summit of Heads of State and Government held at the Yanqi Lake Conference Centre, said Africa stands a chance …