KAMPALA, Uganda | Xinhua | Two protocols signed between Uganda and China last month that allow the East African country to export dried chilies and wild aquatic products will contribute to the country’s foreign exchange earnings, a senior official said Tuesday. Minister of Agriculture Frank Tumwebaze told reporters Tuesday that …
Read More »UIA launches initiative to transition traders of imported products to local manufacturers
Kampala, Uganda | THE INDEPENDENT | The Uganda Investment Authority (UIA) has unveiled a groundbreaking initiative to encourage traders in Kampala’s business hub, popularly known as Kikuubo, to transition from trading in imported products to manufacturing them locally. The “Transitioning Kikuubo Traders to Manufacturing” initiative” is hinged on the spirit …
Read More »What, if anything, has U.S. gained from its trade war with China?
BEIJING, CHINA | Xinhua | Though clashing in many ways, the current U.S. administration and its Republican predecessor have one thing in common: the trade war against China. As recently as February, U.S. utility company Duke Energy, under pressure from Congress, reportedly planned to remove Chinese battery giant CATL from …
Read More »Uganda’s gold exports surge to $2.3 billion after tax cut
However, Auditor-General John Muwanga report faults the taxman for failing to collect taxes from gold exports Kampala, Uganda | THE INDEPENDENT | Uganda’s gold exports have seen a dramatic rebound, hitting US$2.3 billion last year following the government’s decision to lower export taxes, a move aimed at revitalizing trade that had …
Read More »Over 2000 in Mukono graduate with skills for industry and exports
Mukono, Uganda | THE INDEPENDENT | A total of 2031 people in Greater Mukono districts have been awarded certificates confirming their expertise in different fields after the assessment by the Department of Industrial Training (DIT) at the Ministry of Education and Sports. The awarding ceremony was organized by the Presidential Advisory …
Read More »Uganda milk exports double
Kampala, Uganda | THE INDEPENDENT | Uganda’s milk production grew by 37 percent to 3.85 billion litres in the year 2022/2023, against the odds like drought in some production areas. The Ministry of Agriculture, Animal Industry and Fisheries reports that on the other hand, the export value increases by …
Read More »UCDA: EU to only accepts coffee exports from registered farmers
Kampala, Uganda | THE INDEPENDENT | Uganda’s coffee exports face a tough huddle following demands that exports to the European Union come from registered farmers, the Uganda Coffee Development Authority (UCDA) has said. This will not only be a challenge to the authorities to have this met due to the …
Read More »Uganda’s dairy exports to Algeria start next month
Kampala, Uganda | THE INDEPENDENT | Uganda’s first official dairy exports to Algeria will start next month, the Dairy Development Authority (DDA) has revealed. Uganda and Algeria signed the diary deal in March this year. Uganda is expected to export milk products worth up to USD 500 million to the North African country. At …
Read More »Ukraine expects to export 43 mln tons of grain, oilseeds from this year’s crop
Kiev, Ukraine | Xinhua | Ukraine has the potential to export 43 million tons of grain and oilseeds from this year’s crop, an industry body said on Tuesday. In 2023, Ukraine is expected to harvest 42.5 million tons of grain and 18.9 million tons of oilseeds, the Ukrainian Agribusiness Club …
Read More »Ukraine’s grain, oilseeds exports may fall by third this year
Kiev, Ukraine | Xinhua | Ukraine’s combined grain and oilseeds exports are expected to fall by a third this year, Agrarian Policy and Food Minister Mykola Solsky said on Wednesday. Solsky said Ukraine will supply about 46 million tons of cereals and oilseeds abroad in 2023, according to a statement …
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