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 …
Read More »Kyambadde explains indefinite suspension of chamber elections
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 …
Read More »Nakumatt’s elephant missteps
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 …
Read More »Saree-clad May says post-Brexit opportunities in India
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 …
Read More »Theresa May lays groundwork for post-Brexit India trade deal
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, …
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