EAC at EPA crossroads It’s another postponement, once again. With only a fortnight to the Oct.01 deadline for the East African Community (EAC) to sign the Economic Partnership Agreement (EPA) with the European Union (EU), the final signing has been extended. The Heads of State Summit sitting in Dar-es-Salaam, …
Read More »East Africa cautions US against negative travel advisories
East African leaders have protested travel advisories issued by the United States against Africa saying these discourage Americans from coming to Africa and affect negatively on trade and investment on the continent. “East Africa is the place to invest. It is the place to be… security is good. But you …
Read More »VIDEO: Making a living from cow hooves
VIDEO: In the Hustling for Survival show, Richard Olwenyi tells the story of a man who has made a living from fresh cow hooves which is later prepared as cow hoof stew locally referred to as Kigere or Molokonyi. Fred Bukenya, owes what he has achieved to the trade. Share on: …
Read More »Ocici on what it will take to transition into middle income status
The middle income outlook will depend on what Uganda will do to wake up the population to be productive and be consistent at it. The target for middle income is 2020 but right now 68% of our population comprises peasants. We are hoping each one of them will be having $1,050 as …
Read More »COMMENT: Mwenda’s pragmatism and mivumba
COMMENT: By Rajab Kakyama Second-hand clothes – Mwenda shouldn’t be in hurry to displace workers in this sector to become beggars on the fringes of great cities Refer to: “America’s harmful threats” (The Independent Aug.26). Unfortunately, I do agree with Mwenda on principle but disagree with his method of …
Read More »ANALYSIS: Rwanda shines at TGAIS
Rwandan President Paul Kagame and his Ugandan counterpart President Yoweri Museveni on Sept.05 launched the inaugural Global African Investment Summit in Kigali, Rwanda. Dubbed the Global African Investment Summit COMESA & Government of Rwanda (TGAIS-Rwanda), the meeting brought together African leaders, heads of State, senior policymakers and influential business leaders …
Read More »IGAD in historic one-day summit in Somalian capital Mogadishu
Mogadishu, Somalia | AFP | Somalia on Tuesday agreed to lift a week-old ban on imports of Kenyan khat after a storm of controversy from angry growers of the leafy narcotic in neighbouring Kenya. The decision was made on the margins of a historic one-day summit in the Somali capital, …
Read More »Ugandans face South Sudan debt headache
Government moves to get South Sudan pay up multi-million dollar debt to Ugandan traders Over the last nine years, Appolo Nyagamahe, the proprietor of the Aponye Enterprises, has been going through a period of bitterness. Since 2008, he has suffered the ordeal of being forced to liquidate some of his …
Read More »East African leaders delay decision on EU economic partnership
The East African Community (EAC) leaders have requested for three months to settle concerns by some states before considering signing the Economic Partnership Agreement (EPA) with the European Union (EU) as a block. Rwanda and Kenya had signed, but the objections to the EPA were led by Tanzania. The agreement was expected to be signed …
Read More »China exports down 2.8% in August on-year
Beijing, China | AFP | China’s imports rose 1.5 percent year-on-year in August, figures showed Thursday, the first increase in nearly two years, in a positive sign for the world’s second-largest economy. Exports dropped 2.8 percent on-year to $190.6 billion, a smaller fall than the median forecast in a survey …
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