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Tag Archives: tariffs

Countries asked to place regional integration above national interest

Kampala, Uganda | THE INDEPENDENT | South Africa is concerned that most African countries still consider national interests ahead of regional integration which continues to stifle regional trade and development. According to South African Minister for International Relations and Cooperation Naledi Pandor, this is likely to limit the outcomes of the …

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Pundits criticize Biden’s delay in trashing Trump’s trade war

Denver, U.S. | Xinhua | Each week, more economists and U.S. policy experts question U.S. President Joe Biden’s delay in dumping his predecessor Donald Trump’s trade war against China, citing the potential benefits being missed. “Talk about missing the boat … it would slow inflation, stimulate the economy, and send an …

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European Union renews efforts to grow Ugandan export

Kampala, Uganda | THE INDEPENDENT | The European Union and the Private Sector Foundation Uganda (PSFU) have revived the Sustainable Business for Uganda (SB4U), a trade improvement initiative that was disrupted by the COVID-19 outbreak, one year after its launch. The platform launched in 2019 is aimed at enabling Uganda’s export …

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U.S. House votes to suspend normal trade relations with Russia

Washington, U.S. | Xinhua | U.S. House of Representatives on Thursday voted to suspend normal trade relations with Russia, paving the way for the U.S. government to impose higher tariffs on Russian goods. The lower chamber approved the measure by vote of 424-8, with a few Republicans voting against, sending the …

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Lower domestic electricity tariffs – LOP

Kampala, Uganda | THE INDEPENDENT | The Leader of the Opposition, Mathias Mpuuga, has proposed a reduction in electricity tariffs for domestic consumers by at least Shs200 per unit. Mpuuga said that the current Shs882 per kilowatt-hour is so high and has led to the decline in the consumption of electricity. …

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Parliament tasks telecom operators on improved tariffs, network coverage

Kampala, Uganda | THE INDEPENDENT | Parliament’s Committee on Information Communication Technology and National Guidance on Monday tasked the National Telecommunication Operators, MTN and Airtel to improve on their network coverage and sensitize subscribers about the their tariffs. It follows a petition to Parliament by six concerned subscribers in November 2021. …

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Manufacturers to bypass Umeme to access cheap electricity

  Kampala, Uganda | THE INDEPENDENT | Big industrial electricity consumers could soon buy electricity directly from generators or the transmission company to lower the electricity tariffs, according to the Minister for Energy and Mineral Development, Ruth Nankabirwa. Nankabirwa, who spoke during the launch of Electricity Regulatory Authority House in Kampala …

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U.S. businesses urge Biden administration to remove tariffs amid rising costs, inflation concerns

Tariffs have harmed American jobs, American consumers, American companies and the country’s global competitiveness Washington, U.S. | Xinhua | The U.S. business groups have urged the Biden administration to remove punitive tariffs on U.S. imports imposed by the previous administration, as tariffs continue to hit American businesses and consumers while pushing …

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