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Tag Archives: exports

Gov’t starts engaging gold dealers over decline in taxes

Kampala, Uganda | THE INDEPENDENT | Government has started engaging owners of gold companies so as to reach an understanding over the new taxes imposed on gold. This is after the Ministry of finance reported that the country lost over 470 billion Shillings in taxes on the exportation of gold due …

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Uganda coffee exports hit 30-year record

Kampala, Uganda | THE INDEPENDENT | Uganda exported a record 6.08 million coffee bags in the financial year 2020-2021, the highest total for 12 months in 30 years. Exports for FY20/21 were also worth $559m compared to 5.11m bags worth $496m in FY19/20. The figures were boosted by June’s 618,388 bags worth US$ 58.56m, …

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Gov’t to levy tax on fish maw exports

Government has been advised to undertake analytical studies on the value of fish maw internationally with the view to increase the levy upwards Kampala, Uganda | THE INDEPENDENT | Parliament has approved an eight per cent tax levy on fish maw exports following the passing of the Fish (Amendment) Bill, 2021. In …

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Uganda-DR Congo trade volumes up – Kyambadde

Kisoro, Uganda |  THE INDEPENDENT  | Trade volumes between Uganda and the Democratic Republic of Congo (DRC) has increased by USD 380 million, over the last three years, according to Trade Minister Amelia Kyambadde. Kyambadde explains that in the year 2020, trade volume between the two countries increased to USD 580 …

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Annual coffee export volumes jump 22%

Kampala, Uganda |  THE INDEPENDENT | Uganda’s coffee export volumes surged by 22% in 2020 compared to the previous year. The growth has been revealed in the Uganda Coffee Development Authority (UCDA) monthly report of December 2020. The figures for 2020 indicates that exports for calendar year January 2020 to December …

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Africa urged to embrace e-commerce to accelerate trade

  Lusaka, Zambia | Xinhua | A virtual import and export conference and exhibition opened Tuesday with the Zambian government urging African countries to embrace e-commerce in order to accelerate trade. The two-day event, hosted by the Zambian government in collaboration with the private sector, is a flagship networking platform aimed …

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Fueling global growth through localization strategy

  BUSINESS TIPS |  Abbas Rouse | Going global has been every business owner’s dream since business conception. It has not only been a strategy to bring in more profits, but also an effort to serve an escalating decentralized customer base in different parts of the world. However, being successful …

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Kenya’s exports to EAC surpass pre-COVID-19 period

Nairobi, Kenya | Xinhua | Kenya’s exports to countries in East African Community (EAC) have surpassed the pre-COVID-19 period, with the pandemic seemingly catalyzing trade. The exports to Uganda, Tanzania and Rwanda recovered from May, sustaining an upward trajectory to August, new economic data from government statistics agency released on …

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