Tag Archives: trade

Kampala, Uganda | GODFREY SSALI | President Yoweri Museveni has cautioned members of Savings and Credit Cooperative Societies (SACCOs) on the habit of non repayment of loans saying it is the reason why many SACCOs and credit institutions have collapsed. This was contained in his speech read by the State …

Paris, France | AFP | French President Emmanuel Macron on Friday warned his US counterpart Donald Trump against forging ahead with planned tariffs on European steel and aluminium, saying it risked starting a mutually destructive “trade war”. In a telephone call with Trump, the French leader expressed his “deep concerns”, …

Beijing, China | AFP | China on Friday denounced US tariffs on aluminium and steel imports, saying that they would profoundly harm the international trade environment. The US’s “abuse” of national security concerns as a reason for implementing the measures will lead to “a serious attack on normal international trade …

Brussels, Belgium | AFP | The chief executive of the World Bank urged US President Donald Trump on Thursday to be “careful” before imposing steel and aluminium tariffs and weigh up possible effects on global trade. Kristalina Georgieva said Trump should assess the “implications” before going ahead with a plan …

Santiago, Chile | AFP | Eleven Asia-Pacific nations on Thursday are to sign a slimmed-down trade pact to lower tariffs just as US President Donald Trump seeks to raise them after withdrawing from the deal last year. The Trans-Pacific Partnership, which would have represented 40 percent of the global economy …

Kampala, Uganda | GODFREY SSALI | The US Ambassador to Uganda Deborah Malac has cautioned Uganda on the bureaucracies and red tape in investment procedures saying they discourage many potential investors. Malac said this during a meeting with the Minister of Trade, Industry and Cooperatives Amelia Kyambadde to discuss trade …

Paris, France | AFP | The head of the International Monetary Fund warned Wednesday that a trade war US President Donald Trump apparently intends to provoke with tariffs on steel and aluminium would snuff out global growth. “If international trade is called into question by these types of measures, it …

Washington, United States | AFP | US President Donald Trump vowed Monday not to exempt Mexico and Canada from new steel tariffs without a “fair” trade deal, but his chief negotiator warned the trio’s talks were not living up to expectations. Speaking as US, Mexican and Canadian trade officials gathered …

USD9.4m Trade infrastructure at Mpondwe border to boost Uganda’s exports to DR Congo Kampala, Uganda | GODFREY SSALI | The Democratic Republic of Congo is one of Uganda’s export destinations ranking number three within the COMESA region. Uganda’s exports to DR Congo are valued at USD177m and these are mainly …

Kampala, Uganda | THE INDEPENDENT | The Common Market for Eastern and Southern Africa, is set to introduce the use and distribution of seed labels and certificates as a way of improving access to quality seeds in the region. This is because more than 130 million people in the region …