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Tag Archives: imports

Traded goods worth UGX 2.5 trillion undetected annually – Report

Kampala, Uganda  | THE INDEPENDENT |  Deliberate falsification of invoices and manipulation of customs rules by organizations and individual traders is costing Uganda trillions of shillings in revenue, a new study has shown. A study by the Washington-based organisation Global Financial Integrity (GFI) released today March 3, 2020 examined Uganda’s trade …

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Afreximbank holds mid-term review of strategic plan in Kampala

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 …

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Equities, yuan take hit as Trump dials up trade war with China

Hong Kong, China | AFP | Asian equity markets tanked and the yuan hit an 11-year low Monday after US President Donald Trump ramped up his trade war with China by hiking tariffs on more than half-a-trillion dollars worth of imports. However, dealers pared earlier steep losses after the president said …

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Rwanda to reject low quality imports

President Kagame makes pledge during visit to SEZ President Kagame on Jan.07 toured the Special Economic Zone where he visited four factories manufacturing different products within the ‘Made in Rwanda’ framework. While addressing business people with operations within the Special Economic Zone at the conclusion of the tour, President Kagame …

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The Chinese imports scourge

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 …

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