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 …
Read More »Export guarantee safeguards key for promoting regional trade
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 …
Read More »COVID-19 affecting Uganda- DRC trade
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 …
Read More »Ministry of Trade promotes cooperatives, agricultural zoning
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, …
Read More »UNBS new boss Livingstone Ebiru vows to double the achievements
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 …
Read More »President Ndayishimiye woos Ugandans to invest and trade with Burundi
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 …
Read More »NRM promotes trade in the region
NRM MANIFESTO WEEK | The Ministry of Trade implemented the manifesto commitment of continuing fast-tracking the East African Community (EAC) economic and political integration in line with the vision of having a single monetary union and achieving political federation of all the EAC member states. Economic integration was deepened …
Read More »Inside the Kenya-Uganda trade talks
Access to Kenyan market still a pain for Ugandan traders Kampala, Uganda | ISAAC KHISA | Ugandan traders had high hopes when Betty Maina, Kenya’s Cabinet Secretary for Industrialization, Trade and Enterprise Development visited Uganda on a recent weeklong bilateral visit. The local traders hoped that the key issues that …
Read More »Kenya-Uganda trade woes: Museveni rejects calls for retaliation
Kampala, Uganda | THE INDEPENDENT | Uganda will not retaliate against Kenya over the ongoing trade wars, president, Yoweri Museveni has said. He dismissed the calls for retaliation in his televised address on Sunday evening, saying it does not offer a long-lasting solution to the problem. His remarks come at the …
Read More »Uganda’s customs agents and freight forwarders get specialized training
FEAFFA Partners with Trademark East Africa for the EACFFPC training’s Second Phase Kampala, Uganda | THE INDEPENDENT | With an eye on reducing cost of trade in the region, stake holders in the logistics sector have stepped up specialized training for key personnel in Uganda. A programme to offer …
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