Trade experts recognize progress made but express dissatisfaction with existing trade and investment policies Kampala, Uganda | ISAAC KHISA | In the late 1990s, the Ugandan government came up with the idea of establishing specialized zones dedicated to industries, commonly known as industrial and business parks, where local and foreign investors would …
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BEIJING | Xinhua | China has remained Africa’s largest trading partner for 15 consecutive years, with bilateral trade reaching a record 282.1 billion U.S. dollars in 2023, a Ministry of Commerce official said on Wednesday. “Economic and trade cooperation is the ballast and propeller of China-Africa relations,” said Ministry of …
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Kampala, Uganda | THE INDEPENDENT | According to Isaac Otimgiw (NRM, Padyere County), the Cotton Development Organisation (CDO) set the purchasing price for a kilogramme of cotton at Shs2,300 as per the 2023 season, however, it is not being adhered to. “In Nebbi District, farmers are being offered prices as low …
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Kampala, Uganda | THE INDEPENDENT | Diamond Trust Bank Uganda and Kampala City Traders Association (KACITA) have entered a partnership to boost traders’ business with the sustainability aspect being top on the agenda. The partnership was announced at a news conference at KACITA Head offices in Kampala today. The partnership aims …
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COMMENT | DAVID LUKE | African governments are seeking an extension of the African Growth and Opportunity Act (AGOA) beyond 2025. The law was enacted in 2000 to “encourage increased trade and investment between the United States and sub-Saharan Africa”. The Conversation asked David Luke, who specialises in African trade policy …
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Kampala, Uganda | THE INDEPENDENT | Africa’s multilateral lender, African Development Bank is partnering with the East African Community (EAC) Secretariat and the United Nations Conference on Trade and Development to launch a capacity development project to enhance trade in East Africa. The $1.56M EAC Trade Portal Enhancement Project will support …
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Kampala, Uganda | THE INDEPENDENT | In a significant move aimed at enhancing trade and economic cooperation between African member states and China, Afreximbank and the China Exim Bank signed a loan agreement. The signing ceremony took place at the CEXIM Headquarters in Beijing on Oct.17, attended by Shengjun Ren, President …
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Kampala, Uganda | THE INDEPENDENT | Grain processors and traders have accused government agencies of not doing enough in the fight for quality grain and other agricultural products and exports. It comes as the government intensifies efforts to restore the market stability following the rejections of maize flour on the …
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Kampala, Uganda | THE INDEPENDENT | The East African Community partner states have through their standards regulators agreed on 11 measures aimed at improving the standard of food products on the market. The move is also aimed at ensuring the protection of local consumers against food-borne diseases and a smooth …
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Kampala, Uganda | THE INDEPENDENT | The private sector leaders in Uganda and South Africa have called on the two governments to work towards removal of all non-tariff barriers to trade between the countries, including travel visa restrictions. This comes amidst a continuously highly imbalanced trade position, with South Africa …
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