Pretoria, South Africa | THE INDEPENDENT | President Cyril Ramaphosa is set to host his Ugandan counterpart Yoweri Museveni for a state visit at the Union Buildings in Pretoria from 11am today. “The Republic of Uganda is South Africa’s 15th-largest trading partner on the continent and the second-largest in East …
Read More »5th 2023 Economic Mkutano
Trade Minister David Bahati reassures private sector of government support Kampala, Uganda | JULIUS BUSINGE | Routinely the cabinet, chaired by President Yoweri Museveni is deliberating on ways in which to further support growth of the private sector – an engine for Uganda’s economy. This was the general message the Minister …
Read More »Uganda – South Africa trade, tourism summit
Uganda targets US$6bn in non-oil exports in next five years Kampala, Uganda | JULIUS BUSINGE | On Feb.22, the Ugandan business community were flagged off in preparation for the South Africa Trade Investment and Tourism summit, scheduled at the Gallagher Convention Center, Midrand, South Africa, from Feb.27-28. Organised jointly by the …
Read More »Kenya, Uganda start talks to create one-stop border post in bandit-prone area
Nairobi, Kenya | Xinhua | Kenya and Uganda have initiated talks for the opening of a One-Stop Border Post in Lokiriama in northwest Kenya to boost trade and open up the far-flung area, the Interior Ministry said Monday evening. Kenya’s Interior Principal Secretary Raymond Omollo said the border post would enhance …
Read More »Trade-based money laundering
New report sheds light on illicit activity in Uganda Kampala, Uganda | RONALD MUSOKE | A new report analysing the scope and characteristics of global trade-based money laundering has found that the illegal activity poses complex problems for law enforcement and undermines development; especially in poorer countries like Uganda. The study, …
Read More »Sixty years on, US commits to supporting Uganda develop
U.S. Mission Releases ‘Report to the Ugandan People’ 60th Anniversary Edition Kampala, Uganda | THE INDEPENDENT | The U.S. Mission on Wednesday marked 60 years of USA-Uganda development partnership by releasing a 60th anniversary edition of the ‘Report to the Ugandan People’. This is the 6th consecutive annual report that …
Read More »The Private Sector Foundation takes lead on Uganda-South Africa business summit
Museveni and Ramaphosa to attend summit Kampala, Uganda | THE INDEPENDENT | The Private Sector Foundation Uganda (PSFU) in patnership with Ministries of Foreign Affairs, Trade and Cooperatives, Privatisation and Investment is organizing a Uganda- South Africa Trade, Tourism, and Investment Summit February 27th – 1st March 2023 in Pretoria, South …
Read More »Easing of Trade restrictions between Kenya and Uganda excites EAC leaders
Kampala, Uganda | THE INDEPENDENT | East African Community leaders and the business community are excited at the move by Kenyan President William Ruto to ease trade restriction between Kenya and Uganda, saying it gives new hope for deeper integration. Since his inauguration in September last year, Ruto has reversed several …
Read More »Ukraine seeks to extend duty-free trade with EU until end of 2024
Kiev, Ukraine | Xinhua | Ukrainian Prime Minister Denys Shmyhal said Thursday that his country is seeking to extend the duty-free trade with the European Union until the end of 2024, the government press service reported. While speaking at a meeting with visiting Executive Vice President of the European Commission Valdis …
Read More »Implementation of AfCFTA pact to help boost intra-African trade: UNECA chief
Addis Ababa, Ethiopia | Xinhua | The implementation of the African Continental Free Trade Area (AfCFTA) agreement should be expedited as the free trade zone will boost intra-African trade and accelerate industrialization, the UN Economic Commission for Africa (ECA) Acting Executive Secretary Antonio Pedro has said. “While the AfCFTA’s promise is …
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