Tag Archives: trade

Kampala, Uganda | THE INDEPENDENT | Experts believe Uganda could benefit from the East African Region “economic war” between the two local giants, Kenya and Tanzania. A fight for Uganda’s cargo has emerged in the past two years, with Kampala seeking to take advantage of the war, by tabling new conditions. Apart …

Kampala, Uganda | THE INDEPENDENT | Africa’s multi-lateral lender, African Export-Import Bank, has received a set of strong credit rating affirmations and “Positive” outlooks from Moody’s, Fitch Ratings, and GCR Ratings, underlining its resilient financial position and performance. The ratings reinforce the Bank’s access to capital at a competitive cost, ensuring …

AfCFTA will facilitate regional trade and investment and boost continental economic integration Luanda, Angola | Xinhua | Secretary General of the African Continental Free Trade Area (AfCFTA) Wamkele Mene said on Monday that Africa will soon have a new trading standard with the development of the organization. Mene made the remarks …

Experts, government suggest ways to easing trade among partner states Kampala, Uganda | JULIUS BUSINGE | There is a growing concern amongst the business community that the COVID-19 lockdown measures are a danger to business activities, and if not carefully eased, could make the situation worse going forward. This is …

Accra, Ghana | XINHUA | The leadership of the African Continental Free Trade Area (AfCFTA) is promoting a Pan-African payment system to facilitate intra-African trade, a top official said. Wamkele Mene, the Secretary-General of AfCFTA told Xinhua in an interview that the Pan-African Payments and Settlement System (PAPSS) would be …

Kampala, Uganda | THE INDEPENDENT | Uganda needs an export guarantee scheme for trade with Democratic Republic of Congo and South Sudan, according to the Uganda Manufacturers Association Executive Director, Daniel Birungi. Birungi made the remarks at the recently held post-budget virtual conference in Kampala sponsored by Absa Bank Uganda. Birungi’s …

In theory, travellers need to present a COVID-negative test issued no more than 120 hours before travel – but in practice this is not enforced for small-scale traders | KRISTOF TITECA | Informal cross-border trade, which includes smuggling, is hugely important for survival in, around and beyond border regions. Across …

  NRM MANIFESTO WEEK |  The 2016 -2021 NRM Manifesto committed to Promote co-operatives and other associations together with the one village–one-product and the agricultural zoning policy for bulking and trade efficiency. In fulfillment of this commitment, the Ministry of Trade, Industries and Cooperatives mobilized farmers to form Commodity Cooperatives, …

Lira, Uganda | THE INDEPENDENT | The newly appointed Executive Director of the Uganda National Bureau of Standards, David Livingstone Ebiru sees the bringing on board of micro, small and medium enterprises (MSMEs) to embrace standards as one of the major challenges as he takes the mantle. Only if and when …

Kampala, Uganda | THE INDEPENDENT | The President of Burundi, Evariste Ndayishimiye has hailed Ugandan investors for working hard and invited them to invest and trade with Burundi. President Ndayishimiye made the remarks after a tour at the new state-of-the-art Picfare Industries plant in Kampala Industrial and Business Park, Namanve, where he …