President Yoweri Museveni is in Qatar for a three day state visit at the invitation of the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani. “I will meet the Emir and other Qatari government and business officials as we seek to strengthen our countries’ business and trade relations,” Museveni said …
Read More »BREXIT: First ‘Silk Road’ train from Britain leaves for China with whiskey
Stanford-le-Hope, United Kingdom | AFP | The first-ever freight train from Britain to China started its mammoth journey on Monday along a modern-day “Silk Road” trade route as Britain eyes new opportunities after it leaves the European Union. The 32-container train, around 600 metres (656 yards) long, left the vast …
Read More »Trump, China’s Xi look to navigate minefield in first summit
Palm Beach, United States | AFP | Donald Trump hosts Chinese President Xi Jinping at his sun-kissed Mar-a-Lago resort in Florida on Thursday, a high-stakes first summit replete with pitfalls for both leaders. The stage is set for a carefully choreographed dinners with family and displays of bonhomie, but beneath …
Read More »Trump, trade, and the middle powers
COMMENT: Trump’s rejection of international trade rules by executive order and renegotiation foreshadow likely trade tensions By Oonagh Fitzgerald and Hector R. Torres Donald Trump’s presidency is posing fundamental challenges to the rule-based international trading system that has buttressed global growth for decades. But while America’s protectionist maneuverings threaten a …
Read More »Exploit Uganda’s tourism potential, reduce cost of business – UK Trade Envoy
UK Trade Envoy challenges Uganda to reduce the cost of doing business The UK Prime Minister’s Trade Envoy to Uganda Lord Dolar Popat has challenged the Government of Uganda to invest more in the tourism sector and reduce the cost of doing business, if the country is to attain the …
Read More »BORIS: Economic growth presents Uganda new opportunities
Britain’s Secretary of State for Foreign and Commonwealth Affairs Boris Johnson has hailed Uganda for sustaining economic growth over the years. “The country seems to be growing well. The strong economic growth presents real opportunities,.” Johnson said after meeting Uganda’s President Yoweri Museveni on Wednesday night. Other than trade and …
Read More »VIDEO: Dealers decry fake shoes flooding Ugandan market
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 …
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