Tag Archives: trade

The Minister of Trade, Industry and Cooperatives Amelia Kyambadde has explained that the decision to call off the Uganda National Chamber of Commerce and Industry (UNCCI) elections was agreed with all stakeholders after a recent meeting. “I have received a number of concerns from different stakeholders on operations of Uganda National …

Nakumatt: Unstable US$150m debt sends jitters among retail supermarket suppliers Business at Nakumatt supermarkets in Uganda has been slowly declining for months but recent persistent reports that all is not well at the parent company of the Kenya-based regional retail giant may have made a bad situation worse. The Nakumatt …

Bangalore, India | AFP |  British Prime Minister Theresa May said Tuesday there was a “world of opportunities” for post-Brexit Britain in India, as she donned a saree during a temple charm offensive in Bangalore. May said that Britain would not need to ease visa restrictions — a key demand …

New Delhi, India | AFP | Prime Minister Theresa May said Britain would become the ultimate free trade champion as she laid the groundwork Monday for a potential post-Brexit deal with India, the world’s fastest growing major economy. In her first bilateral trip outside Europe since taking office in July, …

Uganda’s Minister of Trade Amelia Kyambadde has said the country is ready to ratify the EAC-COMESA-SADC Tripartite Trade Agreement  before June 2017 and start implementation so as to benefit from a proposed free trade arrangement. Speaking at the end of a regional meeting in Nairobi on Sunday, Kyambadde said it was unfortunate …

VIDEO: Uganda and South Sudan have reached an agreement to form a joint security block that will operate across borders along the Juba-Nimule high way pending a peace deal to end the violent clashes in the world’s youngest nation. The agreement was reached in Kampala after several hours of a …

INTERVIEW: Godwin Mabano is the executive director of Mabaati Roofings Systems. He spoke to Agnes E. Nantaba about their operations and other pertinent issues in the construction industry. What are the key elements in your management style as a manager? The main element in management is setting a target and …

The first week of October has not been smooth sailing for the Uganda shilling.  By close of the trading week that ended Oct. 07, the local currency had run down from Shs 3,385/3,395 on Sept.30 to Shs 3,405/3,415 to the US dollar, representing a loss of Shs 20. This is …

Nairobi, Kenya | AFP |  South Africa and Kenya vowed Tuesday to “soften borders” between the two regional powerhouses by easing trade and visa barriers, part of ongoing efforts to boost low levels of commerce within Africa. While both nations are economic giants in their respective regions, South Africa’s Jacob …

Washington, United States | AFP |  World economic leaders gathered in Washington this week to defend globalization, delivering a single message in unison: Protectionism will not save you. But this glosses over the plight of Africa, which is sinking further into poverty despite years of free trade. According to the …