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Tag Archives: trade

European Union renews efforts to grow Ugandan export

Kampala, Uganda | THE INDEPENDENT | The European Union and the Private Sector Foundation Uganda (PSFU) have revived the Sustainable Business for Uganda (SB4U), a trade improvement initiative that was disrupted by the COVID-19 outbreak, one year after its launch. The platform launched in 2019 is aimed at enabling Uganda’s export …

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AMBUSHES: Traders resume food supplies to Karamoja

Moroto, Uganda | THE INDEPENDENT | Traders have resumed supplying food to the Karamoja region. Two weeks ago, the traders stopped supplies of food citing the continuous road ambushes. The traders suspended supplying food after three of their trucks were shot at the same time around Lorengedwat sub-county in Nabilatuk …

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Traders loses millions as fire guts Elegu Market

Elegu, Uganda | THE INDEPENDENT | Fire has razed down Elegu Market in Amuru District, at the Uganda-South Sudan border. Preliminary reports indicate the fire started at about 1 am on Monday before spreading across the entire market structures made of bamboo poles, timber, and iron sheets. Noah Katende, a …

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AfCFTA: EAC agree on ‘Tariff-free Imports’

Arusha, Tanzania | THE INDEPENDENT | The East African Community member-countries have agreed on the list of goods on which the countries will remove tariffs when trading with the rest of the continent, under the African Continental Free Trade Area (AfCFTA) in 10 years. The countries adopted the EAC Tariff …

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Uganda – DRC trade forum set for Feb 22

  Kinshasa, Uganda | THE INDEPENDENT | The Government of Uganda represented by the Embassy of Uganda in Kinshasa – Democratic Republic of Congo (DRC) together with the DRC – Uganda Business Association (DUBA) represented by KTA Advocates intend to hold the 2nd Joint Business Forum in Kinshasa from the …

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Africa welcomes China’s help to bolster exports

Addis Ababa, Ethiopia | Xinhua | Africa welcomes the “generous offer” China is set to provide members of the African Union (AU) to help augment exports in the coming years, a senior official has said. Wamkele Mene, the secretary-general of the African Continental Free Trade Area (AfCFTA), told Xinhua that …

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How vendors are surviving off Kampala streets

Kampala, Uganda | THE INDEPENDENT | A less congested and more calm environment returns to Kampala, a few weeks after the city authorities enforced operations to rid the city of street vendors and hawkers. The last such cleanup was conducted by Kampala Capital City Authority-KCCA under the leadership of Jennifer …

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20 years on, euro has yet to tap its int’l potential

Frankfurt, Germany | Xinhua | The euro, a currency shared by 19 European countries, has won overwhelming support among the 340 million Europeans since it went into circulation 20 years ago. The idea of a single currency for Europe, which originated in 1970 when policy makers in Europe hoped to achieve …

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