Kampala, Uganda | URN | Uganda’s trade deficit with the East African Community (EAC) widened to 809 million US dollars in August 2026, as imports from Kenya and Tanzania far outstripped exports, according to data compiled by the Uganda Development Bank (UDB) research department. Uganda earned 241.29 million dollars from …
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Kampala, Uganda | URN | Uganda’s cost of living rose in September as food prices, transport fares and energy costs increased, while a weakening shilling and a widening trade deficit added to the economic pressures facing the country. This increase reflects a general rise in prices across the various baskets …
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Kampala, Uganda | THE INDPENDENT | Uganda’s trade with the world suffered an expanded deficit in June 2024, compared to the balance of trade registered in May this same year. According to figures at the ministry of Finance, Planning and Economic Development and Bank of Uganda, the difference between between the …
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KAMPALA, Uganda | Xinhua | Investors in Uganda have expressed optimism about the business environment, especially in the manufacturing and wholesale trade sectors in the East African country, according to a government report released on Tuesday. The optimism is shown by the Business Tendency Index, which remained above the 50-mark …
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Kampala, Uganda | THE INDEPENDENT | Vice President Jessica Alupo has said Uganda will benefit more from its relationship with China if the wide trade deficit between the two countries is narrowed. Speaking during the celebrations to mark 60 years of Uganda’s diplomatic relationship with China, at the Kampala Serena Hotel, …
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Kampala, Uganda | THE INDEPENDENT | Uganda has lost the trade deficit it had recorded against the European Union in July as imports of merchandises grew faster than the exports to the same region. Both exports and imports dropped sharply in April 2020, the first month of the lockdown that …
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Washington, United States | AFP | US exports plunged 9.6 percent in March — the biggest monthly decline on record — increasing the trade deficit to $44.4 billion as the coronavirus pandemic disrupted global commerce, according to government data released Tuesday. While widespread business shutdowns in the United States did not …
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The Independent Uganda: You get the Truth we Pay the Price
