Museveni and Ramaphosa to attend summit Kampala, Uganda | THE INDEPENDENT | The Private Sector Foundation Uganda (PSFU) in patnership with Ministries of Foreign Affairs, Trade and Cooperatives, Privatisation and Investment is organizing a Uganda- South Africa Trade, Tourism, and Investment Summit February 27th – 1st March 2023 in Pretoria, South …
Read More »Easing of Trade restrictions between Kenya and Uganda excites EAC leaders
Kampala, Uganda | THE INDEPENDENT | East African Community leaders and the business community are excited at the move by Kenyan President William Ruto to ease trade restriction between Kenya and Uganda, saying it gives new hope for deeper integration. Since his inauguration in September last year, Ruto has reversed several …
Read More »Ukraine seeks to extend duty-free trade with EU until end of 2024
Kiev, Ukraine | Xinhua | Ukrainian Prime Minister Denys Shmyhal said Thursday that his country is seeking to extend the duty-free trade with the European Union until the end of 2024, the government press service reported. While speaking at a meeting with visiting Executive Vice President of the European Commission Valdis …
Read More »Implementation of AfCFTA pact to help boost intra-African trade: UNECA chief
Addis Ababa, Ethiopia | Xinhua | The implementation of the African Continental Free Trade Area (AfCFTA) agreement should be expedited as the free trade zone will boost intra-African trade and accelerate industrialization, the UN Economic Commission for Africa (ECA) Acting Executive Secretary Antonio Pedro has said. “While the AfCFTA’s promise is …
Read More »WB: Strengthening regional trade offers Uganda a sustainable path toward growth
The near-term macroeconomic outlook foresees sustained recovery driving GDP growth from 4.7% in FY 2021/22 to 5.5% in financial year Kampala, Uganda | THE INDEPENDENT | As the shock of the COVID-19 pandemic recedes, Uganda is returning to its pre-pandemic path to growth, with economic recovery boosted by the strong performance …
Read More »Climate before trade
Why trade rules shouldn’t stand in the way of measures that advance global decarbonisation effort COMMENT | Dani Rodrik | Late last month, a foreign leader accused U.S. President Joe Biden of pursuing “super aggressive” industrial policies. It was not Russian President Vladimir Putin or Chinese President Xi Jinping, whose countries are …
Read More »EAC embarks on project to improve regional trade in seed potatoes
Dar es Salaam, Tanzania | Xinhua | The East African Community (EAC) has handed over laboratory equipment to member states of the regional bloc as part of a project aimed at improving regional trade in seed potatoes in eastern Africa, the EAC said in statement on Tuesday. The statement said the …
Read More »East Africa to fast-track harmonization of food standards to boost intra-regional trade
Nairobi, Kenya | Xinhua | East African Community (EAC) member states are keen to fast-track harmonization of food standards in order to boost intra-regional trade, officials said Wednesday. Mary Mwale, head of food security at Kenya’s Ministry of Agriculture, Livestock and Fisheries, said in the Kenyan capital Nairobi that the region …
Read More »Private sector players to spearhead implementation of trade treaties
Kampala, Uganda | THE INDEPENDENT | Government has mapped out a policy for different private sector players, to be responsible for the implementation of the different trade agreements the government signs, as individuals or under their associations. This revelation was made by Francis Mwebesa, the Minister for Trade, Industry and Cooperatives, …
Read More »East African businessmen look forward to Ruto Presidency
Kampala, Uganda | THE INDEPENDENT | The ascendency of William Ruto to the presidency of Kenya has raised speculation, and hope, among the people of the East African Community, for better trade and economic relations within the region. The business community will for long remember the troubles that they have faced …
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