Tag Archives: trade

Kampala, Uganda | THE INDEPENDENT | The Foreign Exchange (Amendment) Bill, 2023 passed by Parliament will now require investors in the foreign exchange sector to have a minimum paid-up share capital of 200 million Shillings to transact the business. While passing the Bill during plenary chaired by Speaker Anita Among on …

Kampala, Uganda | THE INDEPENDENT | Eastern and Southern African trade promotion organisations are pushing for the rescinding by Kenya of the recent agreement with the European Union to implement the Economic Partnership Agreement (EPA) between them. They say the deal pauses “imminent danger” to the integration of East Africa …

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) revealed that it will soon introduce smart gate, an automated self-service border control system to combat trade fraud including under and over-declaration of imports and exports. The gates are in addition to other measures in place such as cargo digital scanners, …

Kampala, Uganda | THE INDEPENDENT | President Museveni has signed an executive order banning tree cutting for commercial charcoal production and expelled Balaalo herdsmen in Northern Uganda. The executive order exercised under Article 99 (2) of the constitution was issued by the President on Friday last week. This comes barely …

Will its restrictive approach to China and subversion of the WTO leave the developing world behind? COMMENT | Dani Rodrik | Developing countries are increasingly worried that the United States will turn its back on the multilateral trade regime. Amid rising geopolitical tensions, policymakers in lower- and middle-income countries fear that a …

Kampala, Uganda | THE INDEPENDENT | The Acholi Cultural Institution has supported campaigns being undertaken by political leaders and community vigilantes to curb commercial trade and transportation of charcoal. Former Aruu County legislator Samuel Odonga Otto and Gilbert Olanya, the Kilak South MP last month launched a campaign to intercept charcoal …

Kampala, Uganda | THE INDEPENDENT | The United States Mission has underscored a need for it’s partnership with Uganda to mature into one that is based on trade and shared policy priorities. This comes at a time when the U.S. Agency for International Development (USAID) marks its 60 years of partnership …

  Kigali, Rwanda | XINHUA | The 11th Joint Permanent Commission between Rwanda and Uganda on Wednesday met in Kigali, Rwanda’s capital, aimed at discussing areas of cooperation between the two neighboring countries, the first such forum since the normalization of relations. The three-day meeting signaled that both sides are committed …

A technical working group to be formed to battle the vice that cost government billions of shillings Kampala, Uganda | JULIUS BUSINGE | Government of Uganda and the private sector have revealed plans to form a technical working group to fight illicit trade. It is estimated that the government lost …

Angola becomes the 35th African member to join a global group that addresses offshore tax evasion, demonstrating the growing resolve of African governments to fight tax evasion and illicit outflows – including of natural resources and wildlife Luanda, Angola | BIRD AGENCY | Angola is on a mission to be …