Tag Archives: exports

Beijing, China | AFP | China’s exports suffered their third month of decline in October, and while the drop was less than expected there were warnings Friday of more pain to come as the US trade war rumbles on. While tensions between the world’s top two economies are beginning to ease, …

Kampala, Uganda | THE INDEPENDENT | The African Export-Import Bank (Afreximbank) today concludes a three-day retreat in Kampala, Uganda for the mid-term review of its Fifth Strategic Plan dubbed IMPACT 2021: Africa Transformed. Afreximbank operates on five-year strategic plans. The current strategic plan, which is the Bank’s fifth, covers the …

Kampala, Uganda | THE INDEPENDENT | Bank of Uganda statistics indicate that the country exported goods and services worth $299 million in January.  This is an increase of $11 million compared to the value of goods and services exported in December 2018 valued at $288 million. The monthly statistics released …

Kampala, Uganda | THE INDEPENDENT | For the first time, Uganda registered USD 122 million trade surplus with Kenya, with exports worth USD 628 million to and imports worth USD 505 million. Uganda had in the previous year exported goods valued at USD 475 million and imported goods valued at USD …

Stellenbosch, South Africa | AFP | With a history dating back over three centuries, South Africa’s world-renowned wine industry has long been the domain of generations of just a few elite white families. But the emergence of a crop of new black players such as winemaker and owner of Aslina …

Addis Ababa, Ethiopia | AFP |  Ethiopia will devalue its currency by 15 percent in a bid to boost demand for its major exports, a state-run media outlet reported Tuesday. Africa’s second most-populous country is also one of its best economic performers, with the International Monetary Fund (IMF) estimating in …

Lagos, Nigeria | AFP | Nigeria on Thursday began to export yams to Europe and the United States, as part of moves to diversify its oil-dependent economy and earn much-needed foreign exchange. Agriculture minister Audu Ogbeh flagged off the first consignment of the fibrous tuber from the port in the …

  Lagos, Nigeria | AFP |  Chevron and Total on Friday failed to have a court throw out a case implicating them in the alleged failure to declare billions of dollars of crude exports from Nigeria. The US and French companies are among up to 15 oil majors reportedly targeted …

Unexpected outcomes from Burundi’s trade ban on Rwanda Burundi’s July decision to ban exports to its northern neighbor, Rwanda, is brewing trouble for both economies; the question is whether the embattled leadership in Bujumbura can afford to pay that price. The export restrictions on Rwanda were imposed in July by Burundian …

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 …