VIDEO: Uganda falls seven steps down in business index Kampala, Uganda | NTV UGANDA | Development partners are puzzled at Uganda’s dismal performance in the just-released Ease on Doing Business Report 2018. Authored by the World Bank annually, Uganda fell back 7 places from position 115 to 122, leaving businesses with …
Read More »COMESA commends Uganda on roads
Kampala, Uganda | THE INDEPENDENT | Uganda has been commended for prioritizing infrastructure development especially energy and the road network which is a recipe for boosting regional trade. The Common Market for Eastern and Southern Africa (COMESA) Council of Ministers meeting opened by Vice President of Zambia Inonge Wina in Lusaka …
Read More »Cabinet approves the ratification of the tripartite free trade area
Kampala, Uganda | GODFREY SSALI | Cabinet has approved the ratification of the EAC-COMESA-SADC Tripartite Free Area Agreement (FTA), paving way for the implementation of the Agreement. In a Cabinet meeting that took place on Friday 4th August 2017, members unanimously agreed that Uganda was ready to start the implementation of …
Read More »VENDORS: Kyambadde condemns KCCA enforcement officers
Kampala, Uganda | GODFREY SSALI |The Minister of Trade, Industry and Cooperatives Amelia Kyambadde has condemned the manner in which Kampala Capital City Authority (KCCA) enforcement officers handle street vendors especially women, saying such excessive force is uncalled for. This follows the death of a one Olivia Basemera last Friday …
Read More »Mr Wilson Kyambadde jailed over a Sh1.1billion debt
Kampala, Uganda| GODFREY SSALI | Wilson Kyambadde, husband to Amelia Kyambadde, has been committed to civil prison for six months after failing to pay a Sh1.1 billion debt. Amelia is Trade, Industry and Cooperatives Minister. Deputy registrar in-charge of execution matters at the High Court Flavia Nassuna Matovu, ruled Monday that …
Read More »30 French firms eye Uganda investments
The firms seek to invest in energy, infrastructure, IT and pharmaceutical industries Kampala, Uganda | Ronald Musoke | Uganda’s ever growing position as an attractive investment destination for French companies came to the fore recently as a delegation of more than 30 companies under the umbrella organisation MEDEF (Mouvement des …
Read More »Sugar crisis hits hard
The sugar shortage in the country has seen sugar prices going as high as Shs8,000 for a kilogram. Various explanations have been made for the crisis of one of the most essential household commodities. According to the sugar manufacturers association, the shortage was caused by a ten day shutdown of …
Read More »Trade ministry bows to pressure, allows duty free rice imports
Trade ministry bows to pressure, allows duty free import of unprocessed rice Uganda’s Ministry of Trade, Industry and Cooperatives now says it has allowed the duty-free import of up to 50,000 metric tonnes of unprocessed rice, commonly known as ‘brown rice’, to boost supplies and check prices amid a fall …
Read More »BUSINESS: Uganda’s rice politics
Tax waiver on brown rice is meant to reduce its price from Shs 4,500 to Shs 3,000 per kilogramme The good news for rice consumers in Uganda is that if the Ministry of Finance, Planning and Economic Development sticks to its guns to have unprocessed rice commonly known as “brown …
Read More »SHs5000: Uganda sets maximum price for sugar
Uganda sets sh5,000 as maximum price for sugar; trade licences of hoarders to be revoked Government has intervened to control the escalating price of sugar in Uganda by setting a ceiling price of sh5,000. Addressing a press conference on Friday, Minister of Trade, Industry and Cooperatives Amelia Kyambadde directed that sugar be …
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