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BoU: Uganda enjoying trade surplus with neighbours

Kampala, Uganda | THE INDEPENDENT | Uganda is presently enjoying trade surplus with all her neighbours, according to the Bank of Uganda. Trade surplus is the amount by which the value of a country’s exports exceeds the cost of its imports. According to Adam Mugume, Bank of Uganda’s Executive Director for …

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New Sadolin color center opened in Gulu

Kampala, Uganda | THE INDEPENDENT | Uganda’s biggest paint company Sadolin has opened its latest color center along Main Street, Gulu Municipality in a bid to expand market reach and consolidate its position in the Ugandan market. The establishment, Sadolin’s sixth in the country will offer experiential shopping for high end …

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Coffee and tourism key to our growth agenda – Rugunda

Kampala, Uganda | JULIUS BUSINGE | Prime Minister Ruhakana Rugunda is optimistic that the synergy between the tourism and coffee sub-sectors will be instrumental to getting Uganda’s economy to middle income status. Rugunda was speaking as Chief Guest at the first annual Coffee and Tourism Symposium and Exposition at Golden Tulip …

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AIG is back

  Will American firm regain its top position? Kampala, Uganda | ISAAC KHISA | The American Insurance Group (AIG) has re-entered the Ugandan market, exactly two years after its exit, citing a re-alignment of its global business strategy. Local industry players have naturally warmed up to AIG’s re-entry into Uganda saying …

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East African trade wars

Petty rivalries blamed for endless regional trade disputes Kampala, Uganda | RONALD MUSOKE | East African Community economies might be growing at an unprecedented rate but experts say emerging nationalism and protectionism policies could hurt integration in the long run. Uganda, Kenya and Tanzania are currently locked in several trade disputes …

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Women NGO wants minimum wage to protect employees

Kampala, Uganda | JULIUS BUSINGE | There is an urgent need to prioritise the revisions on the proposed minimum wage bill to protect the interests of employees and boost their morale at work according to Eunice Musiime, the executive director for Akina Mama wa Afrika, a feminist-Pan-African leadership development organization. Musiime …

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