COMMENT | PAUL AMORU | Uganda and South African governments have enjoyed a momentous, warm and friendly relations since the signing of a formal diplomatic relation in 1994. This bilateral relation has deepened not only social and political ties but also helped promote trade and investment between the two countries. Latest …
Read More »Kenya, US trade deal
They are negotiating what could be a model for Africa Kampala, Uganda | THE INDEPENDENT | The U.S. and Kenya announced a trade and investment partnership in July 2022. During a virtual meeting on July 14, 2022, United States Trade Representative, Katherine Tai, and Kenya’s Ministry of Industrialisation, Trade and Enterprise …
Read More »Presidents of Kenya, South Sudan resolve to boost infrastructure to spur trade
Nairobi, Kenya | Xinhua | Kenya and South Sudan leaders on Saturday agreed to pursue joint infrastructure projects to boost regional integration and spur trade between the two countries. Visiting South Sudan President Salva Kiir and his Kenyan counterpart William Ruto also signed a Memorandum of Understanding on the establishment of …
Read More »COMMENT: The Serbia-Uganda trade deal
It makes perfect sense for two complementary economies that each produce things that the other does not and cannot COMMENT | ODREK RWABWOGO & BRATISLAV STOILJKOVIC | The agreement signed between the two countries in Belgrade last week has breathed new life into a little-known but in fact, long-standing and increasingly …
Read More »Trade in Eastern Africa yet to grow- AFDB report
Kampala, Uganda | THE INDEPENDENT | Intra-regional trade in the countries in Eastern Africa is still below 10% despite initiatives like East African Community. This is according to a report by the African Development Bank. The Bank in the report said that even the African Continental Free Trade Area has not …
Read More »Despite trade barriers, intra-East African trade up 23%
Kampala, Uganda | THE INDEPENDENT | The East African Business Council (EABC) has reported a notable improvement in the movement of goods among the member states. According to John-Bosco Kariisa, the Executive Director of EABC, the movement of goods among member states has increased from 20 percent, recorded in September …
Read More »Trade will liberate Africa from exploitation – Tayebwa
Yaounde, Cameroon | THE INDEPENDENT | The Deputy Speaker of Parliament, Thomas Tayebwa, has challenged African leaders to prioritize unrestricted trade with each other while implementing the African Continental Free Trade Area to avoid the burden of foreign aid. Tayebwa made the observation on Wednesday 19th July 2023 while addressing delegates at the …
Read More »Terror Alert: Kikuubo traders decry decline in sales as security tightened
Kampala, Uganda | THE INDEPENDENT | Traders in Kikuubo are expressing concern over a decline in sales due to intensified security checkups by the police in response to the UK terror alert. Security chiefs have implemented rigorous operations in downtown Kampala, particularly in the Kikuubo business area, to prevent any …
Read More »Tanzanian president calls for removal of trade barriers with Malawi
Dar es Salaam, Tanzania | Xinhua | Tanzanian President Samia Suluhu Hassan has called for the removal of trade barriers on the East African nation’s border with Malawi to boost trade between the two countries, the presidency said late Friday. A statement by the Directorate of Presidential Communications said Hassan made …
Read More »Illegal organ trade is sophisticated
Who’s behind it and how it could be controlled Kampala, Uganda | THE INDEPENDENT | Every now and then the trade in human organs makes national, even international, news. In March 2023, a Nigerian politician, his wife and a medical middleman were found guilty of an organ-trafficking plot after they brought …
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