THE LAST WORD: By Andrew M. Mwenda Why U.S. resistance to the proposed ban on second hand clothes is a danger to our future prosperity On August 17, Daily Monitor published an article titled “US envoy warns on ban of second hand clothes.” The U.S. Ambassador to Uganda, Deborah Malac, …
Read More »Japan offers $116 million for Kampala metropolitan infrastructure
Japan has promised to provide a $116 million loan to improve Kampala metropolitan infrastructure. Japan is already involved in several projects aimed at improving the road network in Kampala, including building fly-overs. Japanese Prime Minister, Chinzo Abe gave the assurances at a meeting with President Yoweri Museveni at the 6th Tokyo …
Read More »Manufacturers, Chinese face off over local materials
Local content fight: Manufacturers, Chinese face off over local materials as government sets up committee to salvage local manufacturing sector On August 02, Matia Kasaija, the minister for finance, planning and economic development, chaired a high profile meeting at the ministry headquarters in Kampala. It comprised a delegation of officials from the …
Read More »The Chinese imports scourge
Govt, manufacturers tussle as cheap Chinese imports supplant local content at big infrastructure projects Abid Alam, the proprietor of Steel Rolling Mills, knows who is responsible for the predicament facing the manufacturing sector – the government, which has failed to enforce guidelines that contractors undertaking the ongoing big infrastructural projects …
Read More »JOBS: Director regional integration and trade – Addis Ababa
Job Opening Posting Title: Director, Regional Integration and Trade Division Job Code Title: CHIEF OF SERVICE, ECONOMIC AFFAIRS Department/Office: ECONOMIC COMMISSION FOR AFRICA Duty Station: ADDIS ABABA Posting Period: 28 July 2016 – 25 September 2016 Job Opening Number: 64582 Staffing Exercise N/A APPLY HERE Share on: WhatsApp
Read More »EU, EAC trade conundrum
Barely eight weeks to the October 01 deadline for the East African Community (EAC) to sign the Economic Partnership Agreement (EPA) with the European Union (EU), one would expect the regional bloc to be handling the issue with a degree of urgency. Apart from Kenya, the rest of the member …
Read More »No hawking. No trading. Lagos bans street selling
Lagos, Nigeria | AFP | Every morning, Mama Biliki prepares small bags of popcorn outside her ramshackle house in Ajegunle, one of Lagos’ poorest neighbourhoods, to sell by the roadside for 50 naira each. On a good day, she reckons she can earn about 5,000 naira ($16, 15 euros) hawking …
Read More »MSMEs to spur middle income status
Ministry of Trade, Industry and Cooperatives (MTIC) will provide more opportunities for small scale enterprises thru Micro Small Medium Enterprises (MSME) to achieve the 2040 middle income status. During the handover ceremony at Farmers’ House, Minister MTIC, Amelia Kyambadde communicated to Ministry officials that the ministry under the MSME …
Read More »Cementing Uganda-China relations
NBS: Uganda and China discuss and agree best ways to improve trade relations and improve business climate for traders for the benefit of both nations. Share on: WhatsApp
Read More »Balance of trade quandary
Government, analysts search for elusive answers over declining exports, rising imports About 700 trucks enter Uganda daily from Mombasa Port in Kenya, loaded with all types of goods. However, most of them go back empty for lack of exports, a situation that makes transport costs rather prohibitive for Ugandan importers. …
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