Kampala, Uganda | THE INDEPENDENT | The Kenya Ports Authority has garnered praise from a cross-section of Kampala traders, for introducing Kargo Pay, a cutting-edge electronic payment system. This alternative cargo payment mode is set to revolutionize efficiency and expedite the settlement of port charges. One of the traders lauded the …
Read More »Experts clarify on law amidst fears of trade in human organs
Kampala, Uganda | THE INDEPENDENT | Scientists at Mulago National Referral Hospital are working to establish a fully-fledged organ transplant unit having successfully done Uganda’s first kidney transplant in December. However, the advance in health tech has come with fears of illegal transplantation considering that the demand for kidneys for instance …
Read More »Inside Uganda’s industrial boom
Trade experts recognize progress made but express dissatisfaction with existing trade and investment policies Kampala, Uganda | ISAAC KHISA | In the late 1990s, the Ugandan government came up with the idea of establishing specialized zones dedicated to industries, commonly known as industrial and business parks, where local and foreign investors would …
Read More »China remains Africa’s largest trading partner for 15 consecutive years
BEIJING | Xinhua | China has remained Africa’s largest trading partner for 15 consecutive years, with bilateral trade reaching a record 282.1 billion U.S. dollars in 2023, a Ministry of Commerce official said on Wednesday. “Economic and trade cooperation is the ballast and propeller of China-Africa relations,” said Ministry of …
Read More »Trade ministry on the spot over plummeting West Nile cotton prices
Kampala, Uganda | THE INDEPENDENT | According to Isaac Otimgiw (NRM, Padyere County), the Cotton Development Organisation (CDO) set the purchasing price for a kilogramme of cotton at Shs2,300 as per the 2023 season, however, it is not being adhered to. “In Nebbi District, farmers are being offered prices as low …
Read More »DTB partners with KACITA
Kampala, Uganda | THE INDEPENDENT | Diamond Trust Bank Uganda and Kampala City Traders Association (KACITA) have entered a partnership to boost traders’ business with the sustainability aspect being top on the agenda. The partnership was announced at a news conference at KACITA Head offices in Kampala today. The partnership aims …
Read More »Africa-US trade: AGOA deal expires in 2025 – an expert unpacks what it’s achieved in 23 years
COMMENT | DAVID LUKE | African governments are seeking an extension of the African Growth and Opportunity Act (AGOA) beyond 2025. The law was enacted in 2000 to “encourage increased trade and investment between the United States and sub-Saharan Africa”. The Conversation asked David Luke, who specialises in African trade policy …
Read More »AfDB unveils capacity building initiative to enhance trade in E. Africa
Kampala, Uganda | THE INDEPENDENT | Africa’s multilateral lender, African Development Bank is partnering with the East African Community (EAC) Secretariat and the United Nations Conference on Trade and Development to launch a capacity development project to enhance trade in East Africa. The $1.56M EAC Trade Portal Enhancement Project will support …
Read More »Afreximbank, CEXIM sign loan agreement to boost China-Africa trade
Kampala, Uganda | THE INDEPENDENT | In a significant move aimed at enhancing trade and economic cooperation between African member states and China, Afreximbank and the China Exim Bank signed a loan agreement. The signing ceremony took place at the CEXIM Headquarters in Beijing on Oct.17, attended by Shengjun Ren, President …
Read More »GRAIN DEALERS: We are victims of Govt incompetencies
Kampala, Uganda | THE INDEPENDENT | Grain processors and traders have accused government agencies of not doing enough in the fight for quality grain and other agricultural products and exports. It comes as the government intensifies efforts to restore the market stability following the rejections of maize flour on the …
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