Tag Archives: trade

Kampala, Uganda | THE INDEPENDENT  | President Museveni and Felix Tshisekedi, the President of the Democratic Republic of Congo (DRC) have committed to boost security, trade and social welfare through stronger ties. Tshisekedi is on a three-day visit to Uganda.   In a joint press conference at Statehouse Entebbe on Saturday, the …

Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has urged African countries to promote trade as one of the strategies that will ensure the survival of the continent and the prosperity of the people. “Today, Africans must know that trade is a matter of survival. If you don’t trade, …

  Kampala, Uganda | THE INDEPENDENT | President Felix Antoine Tshisekedi will Saturday November 9, 2019 preside over the 1st Uganda – DRC Business Forum, in what will be the highlight of his three-day state visit. The Democratic Republic of Congo (DRC) president is expected in the country in time for the forum …

  Significant reduction or elimination of tariffs would boost intra-Africa trade to more than 50% COMMENT | Damali Ssali |  There are several factors that influence the value and volume of trade. However, tariffs on tradeable goods and services are one of the most significant. International trade grew dramatically in the …

Sochi, Russia | THE INDEPENDENT | Uganda’s President Yoweri Museveni on Thursday joined a panel of experts and leaders at the ongoing Russia-Africa Summit in Sochi to discuss the challenges and opportunities of doing business in Africa. “The population of Uganda is now 42 million. It will be 106 million by …

Cotonou, Benin | AFP |  Dozens of baskets brimming with newly-picked tomatoes gently rot in the sticky heat, becoming the latest casualty in a bout of trade tension between Benin and Nigeria. On August 19, President Muhammadu Buhari unexpectedly closed Nigeria’s borders to goods trade with Benin and Niger, declaring the …

Kampala, Uganda | THE INDEPENDENT |  The African Export-Import Bank (Afreximbank) has announced the opening of registration for its 20th Afreximbank Trade Finance Seminar and Workshop, which will take place in Durban, South Africa, from 4 to 7 November 2019.  The seminar and workshop series, formerly known as the Structured Trade …

Beijing, China | AFP |  China said Monday it had lodged a complaint against the United States with the World Trade Organization (WTO), one day after new tariffs imposed by Washington on billions of dollars worth of Chinese goods came into force. The world’s two biggest economies have been embroiled …

London, United Kingdom | AFP |  An online petition opposing British Prime Minister Boris Johnson’s move Wednesday to suspend parliament weeks before Brexit garnered more than one million signatures within a few hours. The over a million signed on the petition stating that,  “Do not prorogue Parliament. Parliament must not …

Beijing, China | AFP | China announced Friday it will hit US soybeans, lobsters, peanut butter and other imports worth $75 billion with new tariffs in retaliation for Washington’s planned duty hikes, further intensifying the bruising trade war between the world’s top two economies. The punitive tariffs of 5 to …