VIDEO: Companies dealing in new shoes have decried the increasing fake shoes on the market that they say are impacting on their businesses negatively. According to the Bata Marketing and Sales manager Diana Nabunya, traders dealing in shoes should ensure high quality products. This as they launched special ladies shoes that …
Read More »African MPs seek free-movement, passport to boost intra-Africa trade
African legislators meeting in Midrand, South Africa this week have been tasked to lobby their governments to support the adoption of the Protocol on the Free Movement of Persons on the continent in the January 2018 African Union Summit. Speaking to parliamentarians in the Committee of Trade, Customs and …
Read More »VIDEO: Buy Uganda, Build Uganda policy launched
VIDEO: Government has today launched the “Buy Uganda, build Uganda” policy and the implementation strategic plan. This comes in a time when a free trade market seems to be doing harm to Uganda’s economy that is facing trade imbalance of $3million. This has been a wake up call to government …
Read More »Dry port at Mwanza, MV Umoja ferry to boost Ugandan exports
Tanzania will construct a dry port in Mwanza and repair the MV Umoja ferry on Lake Victoria to boost trade in the region. Infrastructure development was a key item in bilateral discussions Saturday between visiting Ugandan President Yoweri Museveni and Tanzania’s John Magufuli. At a joint news conference in Dar es Salaam, Magufuli …
Read More »China overtakes US as Germany’s top trade partner
Frankfurt am Main, Germany | AFP | China overtook the United States last year to become Germany’s biggest trading partner for the first time, official data showed, a shift likely to reassure Berlin as worries grow over US President Donald Trump’s protectionist leanings. The figures compiled by federal statistics office …
Read More »Museveni in Dar as Uganda eyes alternative routes to sea
President Yoweri Museveni is in Dar es Salaam to inspect improvements on Tanzania’s main port so that it can be used as an option for Uganda’s exports and imports. According to Augustine Mahiga, the Tanzania Minister for Foreign Affairs, Museveni’s visit to the Dar es Salaam port was to encourage Ugandan businessmen to …
Read More »Uganda, UK discuss declining exports and imports
Uganda is exporting and importing less from the UK, but their respective ministers in charge of trade are optimistic this can be changed for the benefit of both nations. Although the UK has a strong bilateral relationship and a significant development partnership with Uganda, trade between the two has slowed …
Read More »URA launches electronic regional cargo tracking hub
The Uganda Revenue Authority (URA) has today launched three customs trade facilitation programmes that will improve the ease of doing business in Uganda and the East African Community, and also promote trade and Investment. The trade facilitation programmes funded by Trade Mark East Africa (TMEA) will be used to monitor transit …
Read More »US promises no mass deportations in bid to calm Mexico
Mexico City, Mexico | AFP | US officials promised Mexico no “mass deportations” or use of military force to expel immigrants, moving to calm tensions over President Donald Trump’s vow to crack down on “bad dudes” illegally residing in his country. US Homeland Security Secretary John Kelly and Secretary of …
Read More »EU profits as Trump turns away from trade
Frankfurt am Main, Germany | AFP | The United States’ new hostility to free trade deals under President Donald Trump is benefiting the European Union, the bloc’s top trade official said Tuesday. After Trump’s withdrawal from the Trans-Pacific Partnership trade deal in late January, “many countries are now turning to …
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