Tag Archives: trade

Kampala, Uganda | THE INDEPENDENT | Uganda’s export and import trade sector recorded declines in both volumes and value in the last six months of the year ending October 2021, as economic activity slowed down compared to the previous six months. Uganda had previously recorded a deficit in trade in both …

Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament, Jacob Oulanyah and the President of the Senate of the DR Congo, H.E. Modeste Bahati Lukwebo have agreed to foster bilateral relations that better the lives of their people. In their meeting on Tuesday, 21 December 2021 at Parliament House, Oulanyah …

Arusha, Tanzania | Xinhua | Member states of the East African Community (EAC) have been urged to expedite the comprehensive review of the EAC Common External Tariff (CET) in order to promote trade and industrialization in the region, the EAC said in a statement released on Monday. Betty Maina, chairperson of …

Amuru, Uganda | THE INDEPENDENT | The absence of banking services continues to frustrate the growth of businesses in Elegu township, the main point of entry to South Sudan through Amuru district. The town council has a population of 17,000 people with more than 500 of them engaged in cross-border trade. …

  Dubai, UAE | THE INDEPENDENT | The Minister of Finance, Planning and Economic Development, Matia Kasaija on Monday morning signed the first investment deal at the Dubai Expo, with global financing company, Modha Investments which focuses on commercial agriculture and food processing. Modha’s license in Uganda targets the development …

Kampala, Uganda | THE INDEPENDENT | Uganda’s exports to the United Arab Emirates have grown from $300 million since diplomatic relations were established in 2009 to $1.85 billion in 2020. Exports are mainly precious minerals, high value crops and labour. President Yoweri Museveni today visited Uganda’s stall and pushed for more …

Abu Dhabi, UAE | THE INDEPENDENT | President Yoweri Kaguta Museveni has joined dozens of world leaders in Abu Dhabi, United Arab Emirates (UAE) for the 2020 Dubai trade Expo. The Expo that will run up to 31st March 2022 was officially opened on 1st October 2021 in Dubai. On …

Kampala, Uganda | Ian Katusiime | The upgrading of the 42km Moroto-Lokitanyala road from gravel to bituminous standard has been billed as a boon for regional integration. The road from Moroto town skirting deep into Karamoja up to the Uganda Kenya border has been hailed as a timely intervention for boosting …

Kampala, Uganda | THE INDEPENDENT | Uganda’s external trade in goods declined further in the month of July, with both imports and exports recording declines. The import bill decreased by 436.80 million dollars while export receipts fell by 155.05 million dollars, according to latest information from the Ministry of Finance, Planning …

Kampala, Uganda | THE INDEPENDENT | The government has said that it is exploring new market opportunities within the Common Market for Eastern and Southern Africa-COMESA member states. Uganda is currently facing a big challenge with key neighbors like South Sudan facing political unrest and the border closure by Rwanda. Some …