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 …
Read More »Alternatives to banning second-hand clothing
Second-hand ban strategy: A peep into alternatives to banning importation of second-hand clothing Trade in second-hand clothing is big in Uganda. In markets and shops in most towns and villages, trade in second-hand clothes improves people’s access to clothing, supports livelihoods, and contributes to national and local government tax revenue. Now, …
Read More »VIDEO: Parliament to review Trade & Investment policy
VIDEO; The parliamentary committee on trade, tourism and industries is to review the trade and investment policies in an effort to regulate the kind of trade foreigners are involved in. The legislators were today overwhelmed by the increasing number of foreign traders’ especially Chinese nationals in retail trade in downtown …
Read More »Uganda Clays eyes Rwanda
Ugandan clay products manufacturer to partner Rwandan market leader in bid to be real regional player Kajjansi-based Uganda Clays Limited is in plans to enter the Rwanda clay products markets in a bid to position itself as a leading regional clay products manufacturer. The company, which from July 27-August …
Read More »Trade minister Kyambadde explains hides and skins export ban
The Minister of Trade, Industry and Cooperatives Amelia Kyambadde has launched the Leather and Leather Products Policy that aims to improve quality of exports and processing of hides and skins in the country. The policy passed by Uganda’s cabinet recently, aims to maximize value addition in the leather sector and application of cleaner technologies. The …
Read More »