Tag Archives: trade

Uganda targets US$6bn in non-oil exports in next five years Kampala, Uganda | JULIUS BUSINGE | On Feb.22, the Ugandan business community were flagged off in preparation for the South Africa Trade Investment and Tourism summit, scheduled at the Gallagher Convention Center, Midrand, South Africa, from Feb.27-28. Organised jointly by the …

Nairobi, Kenya | Xinhua | Kenya and Uganda have initiated talks for the opening of a One-Stop Border Post in Lokiriama in northwest Kenya to boost trade and open up the far-flung area, the Interior Ministry said Monday evening. Kenya’s Interior Principal Secretary Raymond Omollo said the border post would enhance …

New report sheds light on illicit activity in Uganda Kampala, Uganda | RONALD MUSOKE | A new report analysing the scope and characteristics of global trade-based money laundering has found that the illegal activity poses complex problems for law enforcement and undermines development; especially in poorer countries like Uganda. The study, …

U.S. Mission Releases ‘Report to the Ugandan People’ 60th Anniversary Edition   Kampala, Uganda | THE INDEPENDENT |  The U.S. Mission on Wednesday marked 60 years of USA-Uganda development partnership by releasing a 60th anniversary edition of the ‘Report to the Ugandan People’.  This is the 6th consecutive annual report that …

Museveni and Ramaphosa to attend summit Kampala, Uganda | THE INDEPENDENT |  The Private Sector Foundation Uganda (PSFU) in patnership with Ministries of Foreign Affairs, Trade and Cooperatives, Privatisation and Investment is organizing a Uganda- South Africa Trade, Tourism, and Investment Summit  February 27th – 1st March 2023 in Pretoria, South …

Kampala, Uganda | THE INDEPENDENT | East African Community leaders and the business community are excited at the move by Kenyan President William Ruto to ease trade restriction between Kenya and Uganda, saying it gives new hope for deeper integration. Since his inauguration in September last year, Ruto has reversed several …

Kiev, Ukraine | Xinhua | Ukrainian Prime Minister Denys Shmyhal said Thursday that his country is seeking to extend the duty-free trade with the European Union until the end of 2024, the government press service reported. While speaking at a meeting with visiting Executive Vice President of the European Commission Valdis …

Addis Ababa, Ethiopia | Xinhua | The implementation of the African Continental Free Trade Area (AfCFTA) agreement should be expedited as the free trade zone will boost intra-African trade and accelerate industrialization, the UN Economic Commission for Africa (ECA) Acting Executive Secretary Antonio Pedro has said. “While the AfCFTA’s promise is …

The near-term macroeconomic outlook foresees sustained recovery driving GDP growth from 4.7% in FY 2021/22 to 5.5% in financial year Kampala, Uganda | THE INDEPENDENT | As the shock of the COVID-19 pandemic recedes, Uganda is returning to its pre-pandemic path to growth, with economic recovery boosted by the strong performance …

Why trade rules shouldn’t stand in the way of measures that advance global decarbonisation effort COMMENT | Dani Rodrik | Late last month, a foreign leader accused U.S. President Joe Biden of pursuing “super aggressive” industrial policies. It was not Russian President Vladimir Putin or Chinese President Xi Jinping, whose countries are …