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Tag Archives: trade

THIS WEEK: Uganda, South Africa in new trade tries deal

Kampala, Uganda | THE INDEPENDENT | Uganda’s trade minister, Amelia Kyambadde and her South African counterpart, Gratitude Bulelani Magwanishe, signed a declaration on Jan 30, 2018, in Pretoria, South Africa recognising the imperative to build a mutually beneficial trade and investment relationship that supports the industrialisation imperatives of the two …

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Tillerson: China, Russia roles in Americas ‘alarming’

Austin, United States | AFP | Secretary of State Rex Tillerson warned Thursday that China and Russia are assuming “alarming” roles in Latin America and urged regional powers to work with the United States instead. “Latin America doesn’t need new imperial powers that seek only to benefit their own people,” Tillerson …

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Black South African winemaker shakes up industry

Stellenbosch, South Africa | AFP | With a history dating back over three centuries, South Africa’s world-renowned wine industry has long been the domain of generations of just a few elite white families. But the emergence of a crop of new black players such as winemaker and owner of Aslina …

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Trump blasts EU for trading with US ‘very unfairly’

London, United Kingdom | AFP | The European Union trades with America “very unfairly”, President Donald Trump said in an interview aired Sunday, warning that his many problems with Brussels “may morph into something very big”. “The European Union has treated the United States very unfairly when it came to …

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Burundi claims diplomatic win with hosting of regional summit

Nairobi, Kenya | AFP | Burundi’s government claimed a diplomatic victory Friday with the announcement that it would host a regional trade summit later this year. The tiny central African nation has been in the cold since President Pierre Nkurunziza’s run for a controversial third term in 2015 plunged the …

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SEATINI calls for more funding to trade and tourism sector

Kampala, Uganda | JULIUS BUSINGE | As the budget making process for FY2018/2019 continues at different fora, several players are taking part by coming out with several proposals. The latest player is Southern and Eastern African Trade, Information and Negotiations Institute (SEATINI). It is calling on Parliament to increase allocation to …

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Macron hosts 140 CEOs in pre-Davos charm offensive

Paris, France | AFP | President Emmanuel Macron’s campaign for a “French Renaissance” kicks into overdrive Monday as he welcomes 140 multinational business leaders before this week’s jamboree of the rich and powerful in Davos. The business-friendly president will host executives at the grand Versailles chateau near Paris for an …

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Netanyahu set to lead trade task force to India

Jerusalem, Undefined | AFP | Israeli Prime Minister Benjamin Netanyahu will take 130 businessmen with him to India next week for trade talks which will also cover defence sales, a senior Israeli official said Wednesday. Foreign ministry deputy director general for Asia, Gilad Cohen, said the six-day trip starting Sunday was …

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Tanzania to buy 19 electric trains

Kampala, Uganda | THE INDEPENDENT | Tanzania has floated a multimillion dollar tender for 19 electric trains to be used on the standard gauge railway (SGR) which is under construction, according to the regional newspaper, The EastAfrican. State-run railway firm Reli Assets Holding Company (Rahco) is seeking the supply of …

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