Stockholm, Sweden | AFP | Worldwide arms trade has risen to its highest level since the Cold War in the last five years, driven by a demand from the Middle East and Asia, a study said Monday. Between 2012-2016, arms imports in terms of volume by countries in Asia and …
Read More »India Vice President Ansari to visit Uganda, Rwanda
India’s Vice President Shri Mohammad Hamid Ansari will be in Uganda for a three-day official visit, part of an effort to boost ties on the continent. “The forthcoming visit of the Vice-President is part of the conscious broadening of India’s diplomatic footprint in Sub-Saharan Africa, especially in the Great Lakes …
Read More »South Africa and EU spar over chicken meat ‘dumping’
Johannesburg, South Africa | AFP | South Africa’s poultry industry says it is on the brink of collapse due to hotly-denied accusations that the European Union is dumping cheap chicken in the country in a dispute over free trade. Workers, former workers and company managers from the South African poultry …
Read More »By picking fight with Mexico, Trump shocks key partner
Mexico City, Mexico | AFP | By picking a fight with Mexico, US President Donald Trump is needling a strategic partner that could retaliate with a trade war and less cooperation on immigration and the drug war, analysts say. The neighboring countries face the biggest diplomatic rift in decades over …
Read More »Trump trade moves chilling, could hurt US business: trade experts
Washington, United States | AFP | President Donald Trump’s first moves on trade have cast a pall over US trade relations and could hurt US businesses, trade experts say. Trump has begun his term by pulling out of one major agreement, vowing to renegotiate or exit another, and threatening to …
Read More »Why Kenya, Rwanda have banned poultry from Uganda
Nairobi, Kenya | AFP | Kenyan and Rwandan authorities said Wednesday they had banned poultry products from neighbouring Uganda, where a virulent H5 strain of avian flu has broken out. “The government banned importation of poultry and poultry products from Uganda with immediate effect,” said Kenya’s agriculture cabinet secretary Willy …
Read More »Museveni visits Juba, Ugandan traders to be paid
Uganda and South Sudan have finally agreed on a mode of payment for Ugandan traders who supplied South Sudan with food items between 2008-2010. The agreement was struck at a sideline meeting during today’s one-day visit to Juba by President Yoweri Museveni. David Bahati, the Ugandan State Minister for Finance in …
Read More »Egypt’s Sisi in Uganda on Sunday
Trade will be key on the agenda when Egypt’s president Abdel Fattah al-Sisi arrives in Kampala on Sunday for a one-day official visit to Uganda. Sisi, here on the invitation of President Yoweri Museveni, will be accompanied by a trade delegation from Egypt and will hold bilateral talks and joint press …
Read More »VIDEO: Minister Kyambadde, MPs clash over illegal Chinese traders
VIDEO: Today was supposed to be the last day for the final exit of Chinese traders operating illegally in the central business district, until government extended the deadline. Unaware of the government extension, angry legislators sitting on the parliamentary committee of trade clashed with the Trade minister Amelia Kyambadde demanding to know …
Read More »Kyambadde, parliament in showdown over Chinese retailers
VIDEO: Parliament has issued a 14 days ultimatum to Chinese investors dealing in petty business down-town Kampala to vacate their business for violating licensing procedures. But Trade, Industry and Cooperatives Minister Amelia Kyambadde said the committee’s decision is uncalled for, thus asking parliament to extend the deadline given to Chinese in …
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