Kampala, Uganda | THE INDEPENDENT & PARLIAMENT MEDIA | Ugandan Members of Parliament (MPs) are unhappy with government’s failure to resolve a dairy products ban imposed by neigbours Kenya. Speaker Rebecca Kadaga asked Ugandan dairy sector stake holders to consider legal action, if diplomatic channels have failed, as Trade and Industry …
Read More »Stanbic Purchasing Managers’ Index dips as business activity declines
✳ Business activity declines in January – first time in seven months in Uganda ✳ New orders and employment fall ✳ Companies still optimistic regarding 12 months outlook Kampala, Uganda | THE INDEPENDENT | Business conditions deteriorated for the first time in seven months for the Ugandan private sector in …
Read More »AfCFTA can position African economies stronger against COVID-19
Addis Ababa , Ethiopia | Xinhua | The African Continental Free Trade Area (AfCFTA) Agreement can potentially position African economies stronger in the face of future global shocks such as the ongoing COVID-19 pandemic, a senior United Nations trade policy expert said on Wednesday. Speaking exclusively to Xinhua, David Luke, Coordinator …
Read More »Rape, extortion frustrate Uganda-South Sudan traders
Kampala, Uganda | THE INDEPENDENT | Female traders involved in cross border trade between Uganda-South Sudan have raised a red flag on sexual violence and extortion at security checkpoints along the Nimule-Juba highway. The women say they are sexually assaulted by armed security personnel along Elegu and Nimule borders. The conduct …
Read More »Africa officially starts trading under AfCFTA
Addis Ababa, Ethiopia | Xinhua | The African continent on Friday started trading under the African Continental Free Trade Area (AfCFTA) Agreement. The AfCFTA, which was launched in March 2018 in the Rwandan capital, Kigali, has so far garnered 54 AU member signatories, offering new hope and continental exhilaration in terms …
Read More »Uganda – Kenya trade tension
Ugandan manufacturers to ran to East African Court of Justice over trade restrictions Kampala, Uganda | JULIUS BUSINGE | Tensions between Ugandan traders and the Kenyan government is likely to get worse a head of the festive season this December, according to executives at the Uganda Manufacturers Association. The traders …
Read More »Africa urged to embrace e-commerce to accelerate trade
Lusaka, Zambia | Xinhua | A virtual import and export conference and exhibition opened Tuesday with the Zambian government urging African countries to embrace e-commerce in order to accelerate trade. The two-day event, hosted by the Zambian government in collaboration with the private sector, is a flagship networking platform aimed …
Read More »UN urges Africa to develop clear competition rules for AfCFTA to boost trade
Nairobi, Kenya | Xinhua | The UN on Thursday urged Africa to develop clear competition and consumer protection rules for African Continental Free Trade Area (AfCFTA) in order to boost trade. Mukhisa Kituyi, secretary general of United Nations Conference on Trade and Development (UNCTAD) told a trade forum in Nairobi that …
Read More »EA Business Council seeks end to COVID-19 testing for truck drivers
Kampala, Uganda | THE INDEPENDENT | The East African Business Council (EABC) has called for an end to mandatory testing of truck drivers for COVID-19 at border points, saying the resulting congestion is stifling trade among the partner states. The EABC also wants all control systems at the various crossing points …
Read More »Fueling global growth through localization strategy
BUSINESS TIPS | Abbas Rouse | Going global has been every business owner’s dream since business conception. It has not only been a strategy to bring in more profits, but also an effort to serve an escalating decentralized customer base in different parts of the world. However, being successful …
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