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Tag Archives: trade

COMMENT: The G20’s Africa problem

Rather than include Africa in discussions about trade, the G20 addresses narrower development issue COMMENT | COBUS VAN STADEN | This has not been an easy year for the G20. The 2018 summit of the leaders of the world’s largest economies was held in Buenos Aires, a city still reeling from …

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Dubai firm to boost simsim trade in Northern Uganda

Kampala, Uganda | THE INDEPENDENT | Dubai based firm, Robust Trade Links is holding talks with farmers in Acholi and Lango sub-region to boost simsim trade. The firm wants to buy quality simsim oil seeds directly from the local farmers at prime prices. Eddy Ssentumbwe, the Robust Trade Links representative in …

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Uganda, Kenya trade volume on the rise says Kamuntu

Kampala, Uganda | THE INDEPENDENT | Tourism, Wildlife and Antiquities Minister, Professor Ephraim Kamuntu says trade between Kenya and Uganda is on the increase. He said the trade volume between the countries in the last two months totaled to USD 1.1 billion. Professor Kamuntu observed that the increased volume of trade …

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BoU: Uganda enjoying trade surplus with neighbours

Kampala, Uganda | THE INDEPENDENT | Uganda is presently enjoying trade surplus with all her neighbours, according to the Bank of Uganda. Trade surplus is the amount by which the value of a country’s exports exceeds the cost of its imports. According to Adam Mugume, Bank of Uganda’s Executive Director for …

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East African trade wars

Petty rivalries blamed for endless regional trade disputes Kampala, Uganda | RONALD MUSOKE | East African Community economies might be growing at an unprecedented rate but experts say emerging nationalism and protectionism policies could hurt integration in the long run. Uganda, Kenya and Tanzania are currently locked in several trade disputes …

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Key points of the US-China trade deal

Buenos Aires, Argentina | AFP | US President Donald Trump and his Chinese counterpart Xi Jinping on Saturday struck a deal at working dinner on the sidelines of the G20 summit to effectively stall their trade war. Trump hailed what he described as “an amazing and productive meeting with unlimited possibilities” …

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Trump sets up stormy G20 with Putin snub

Buenos Aires, Argentina | AFP |  US President Donald Trump headed to Argentina Thursday for a fractious weekend of G20 summitry, cancelling planned talks with the Russian leader and boasting that his trade war with China was paying off. Rumblings of resistance to Trump’s assault on the international order were …

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Protectionism ‘doomed to failure’: China’s Xi

Port Moresby, Papua New Guinea | AFP | Protectionist actions are short-sighted and doomed to fail, Chinese President Xi Jinping said Saturday ahead of an APEC summit at which US-China trade tensions are likely to take centre stage. “Attempts to erect barriers and cut close economic ties work against the …

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