Coffee exports shot to 5.83 million bags worth $883.24 million Kampala, Uganda | Xinhua | The value of Uganda’s coffee export expanded 35 percent in the past 12 months, a new report by the country’s coffee regulatory body said Wednesday. The report issued by the Uganda Coffee Development Authority (UCDA) said …
Read More »MPs to investigate labour export companies
Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament, Anita Among, has tasked the Committee on Gender, Labour and Social Development, to work with the line ministry to investigate companies involved in the export of labour to the Middle East. This follows the rampant and unclear deaths of many casual labourers, …
Read More »Kenya tightens avocado quality control to safeguard export market
Nairobi, Kenya | Xinhua | Kenya’s Agriculture and Food Authority (AFA) said on Friday that it has reviewed the country’s avocado maturity indices and post-harvest handling process to safeguard the export market as global demand for the fruit surges. Kenya will now only export fruits that have a minimum of 24 …
Read More »Free Zones Authority asks for additional funds for Entebbe establishment
Kampala, Uganda | THE INDEPENDENT | The Uganda Free Zones Authority has asked Parliament’s Finance Committee to consider adding Shs29.5 billion to its budgetary allocation for the financial year 2022/2023. According to the Authority’s Executive Director, Hez Kimoomi Alinda, Shs28.24 billion of the additional funding will cater for the completion of …
Read More »Uganda records positive balance of trade, as gold receipts hurt
Kampala, Uganda | THE INDEPENDENT | Uganda’s export and import trade sector recorded declines in both volumes and value in the last six months of the year ending October 2021, as economic activity slowed down compared to the previous six months. Uganda had previously recorded a deficit in trade in both …
Read More »UNBS closes 50 maize mills in quality enforcement drive
Luwero, Uganda | THE INDEPENDENT | The Uganda National Bureau of Standards has commenced enforcement of quality standards against uncertified maize grain and maize flour. The enforcement started with the closure of more than 50 mills in parts of Luwero and Jinja among others. This follows a year-long quality sensitisation campaign which …
Read More »Global trade frictions severe in 2020: report
Beijing, China | Xinhua | Global trade frictions were severe last year due to the COVID-19 pandemic and also the consequent economic decline, said a report from China’s trade promotion body. The global economic and trade measures index, introduced by the China Council for the Promotion of International Trade, was on …
Read More »Uganda yet to sign protocol for fish maw exportation to China
Kampala, Uganda | THE INDEPENDENT | Parliament has learnt that the signing of a protocol for exportation of fish maws and other aquatic products to China is yet to be signed pending an input from the Ministry of Finance, Planning and Economic Development. Vincent Ssempijja, the Minister of Agriculture, Animal Industry …
Read More »Bureaucracy, bribery major obstacles to Uganda’s competitiveness – Survey
Kampala, Uganda | THE INDEPENDENT | Entrepreneurs and prospective investors in Uganda are getting more concerned about long bureaucratic procedures in dealing with government, than they are concerned with corruption or bribery, according to a survey. The procedures involved when an investor wants to start up a business in Uganda, …
Read More »Oil exports key for Uganda to handle growing debt – BoU
Kampala, Uganda | THE INDEPENDENT | Uganda’s capacity to manage its growing public debt will depend on the country’s ability to export oil by 2023, a Bank of Uganda June 2019 State of the Economy report has shown. In the report, the Central Bank indicates that Uganda’s public debt stock will …
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