Kampala, Uganda | THE INDEPENDENT | A report on East Africa interstate trade has revealed that Uganda’s trade in the region has increased to 21 percent up from 14.6 percent in the last two years. The increase in the last two years is 6.4 percent. Statistics shared by East Africa Community- …
Read More »Tycoon and a tea-seller’s son: Trump, Modi forge bonhomie
New Delhi, India | AFP | They hail from vastly different backgrounds — Donald Trump is the son of a property tycoon while Narendra Modi is a descendant of a poor tea-seller. Yet the two teetotallers, loved by right-wing nationalists in their home countries, share striking similarities that have seen …
Read More »France, US agree to extend digital tax row talks
Paris, France | AFP | Emmanuel Macron and Donald Trump have agreed to extend negotiations on a dispute over a French tax on digital giants to the end of the year, postponing Washington’s threat of sanctions against Paris, a French diplomatic source said Monday. The source said the French and …
Read More »UK PM raises visas in pitch for post-Brexit trade with Africa
London, United Kingdom | AFP | Prime Minister Boris Johnson told African leaders Monday that Britain would be more open to migrants from their continent after Brexit as he hosted a summit intended to boost trading ties. He also promised an end to direct UK state investment in thermal coal mining …
Read More »French companies keen on partnering with Ugandan firms
Kampala, Uganda | RONALD MUSOKE | Following a series of high-level meetings with President Yoweri Museveni and local business executives, Momar Nguer who recently led a business delegation of top French executives to Uganda declared the mission a success. The 25-member delegation recently traveled to Kampala under their MEDEF …
Read More »Kadaga, Ethiopian counterpart call for improved transport infrastructure
Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament Rebecca Kadaga and her Ethiopian counterpart Tagesse Chafo have called for improved transport infrastructure across the African continent in order to ease movement of persons and improve trade. The two Speakers observed a need to improve the existing road, rail and …
Read More »Museveni, Tshisekedi commit to boost security, trade and social welfare
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 …
Read More »Museveni urges African countries to promote trade
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, …
Read More »DRC’s Tshisekedi to visit Uganda, business top on agenda
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 …
Read More »COMMENT: Tariffs and Intra-Africa trade
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 …
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