Tag Archives: exports

Kampala, Uganda | THE INDEPENDENT | Uganda plans to increase its annual exports to 6 billion dollars excluding oil exports, between 2023 and 2028 from the current average of 3.5 billion dollars. This should also reduce the big trade imbalance that has been blamed for the foreign exchange rate, and …

Lusaka, Zambia | Xinhua | The Zambian government on Friday announced that it has halted electricity exports to some neighboring countries due to reduced power generation capacity the southern African country was facing. Minister of Energy Peter Kapala, however, said the government will not completely do away with exports in order to …

Players task government to walk the talk at 13th national competitiveness forum Kampala, Uganda | JULIUS BUSINGE | Private sector players have asked government to walk the talk while promising to boost private sector activities that drive overall growth of the economy. The call was made by multiple speakers at the …

Dodoma, Tanzania | Xinhua | State-run Tanzania Meat Board (TMB) on Friday announced measures aimed at increasing exports of meat to 16,000 tons annually by 2026. Daniel Mushi, the TMB registrar, told a news conference in the capital Dodoma that Tanzania exported 3,256.6 tons of meat during the first quarter of …

Nairobi, Kenya | GERALD ANDAE – BUSINESS DAILY | Kenya bought half of its imported sugar from Uganda in August, making Nairobi a leading destination for Kampala’s exports during the month. Data from the Sugar Directorate shows that Uganda exported 9,739 tonnes of sugar worth Sh1.3 billion, accounting for 56 percent …

Kanungu, Uganda | THE INDEPENDENT | Coffee farmers and Traders in South Western Uganda have formed a Coffee Investment Consortium to address challenges faced by the sector. The Coffee farmers cite Middlemen and low prices as the major challenges while the traders cite poor post-harvest methods. The coffee investment consortium …

Dar es Salaam, Tanzania | Xinhua | The East African business watchdog called for deliberate actions to bring down the cost of transport and logistics to ensure exports compete at domestic and international levels. In a statement issued late Thursday, the East African Business Council (EABC) said EAC transport costs are …

Abuja, Nigeria | Xinhua | The ongoing Russia-Ukraine conflict resulting in the disruption of wheat exports has pushed wheat prices higher by 60 percent in Africa, President of the African Development Bank (AfDB) Akinwunmi Adesina said in Abuja, the Nigerian capital, on Tuesday. Adesina, in a meeting with Nigerian President Muhammadu …

Kampala, Uganda | THE INDEPENDENT | Uganda is responsible for the continent’s decline in coffee exports in February 2022, a new report by the International Coffee Organization (ICO) indicates. The March 2022 Coffee Market report shows that exports from Africa fell from 1.11 million bags in February 2021 to 975,000 bags …

Ottawa, Canada | Xinhua | The various trade sanctions against Russia indirectly drove up Canadian export values with higher demand and substantial price increases, Statistics Canada said Tuesday, publishing trade data in February with crude oil contributing the most to the export growth. According to Statistics Canada data, total trade (exports …