Tag Archives: trade

THE LAST WORD: Why our continent needs to rethink her overenthusiastic attitude towards foreign direct investment THE LAST WORD | Andrew M. Mwenda | Last month, Rwanda hosted the African Union’s summit on the Continent Free Trade Area (CFTA). The discussions were as inspiring as they were frustrating. Leaders from government …

Kampala, Uganda | GODFREY SSALI | Government has given a green light to cement wholesalers to start their own factory to supplement production, amidst the high cement prices that are said to be caused by the scarcity of cement in the country. Speaking to the cement wholesalers in Kampala, the Minister …

Washington, United States | AFP | US President Donald Trump on Tuesday seized on seemingly conciliatory remarks from Chinese leader Xi Jinping, praising Beijing’s “kind words” as a breakthrough in the looming trade war between the two countries. “Very thankful for President Xi of China’s kind words on tarrifs [sic] and …

  Liesl Louw-Vaudran | ISS AFRICA | The impressive turnout at the African Union’s Extraordinary Summit on the African Continental Free Trade Area (AfCFTA) on 21 March showed the continent’s united fervour to boost its economic opportunities. Delegations from 50 countries, including 27 heads of state, attended the summit in …

Washington, United States | AFP |  The United States on Thursday approved a contract to sell Saudi Arabia 180 self-propelled artillery systems for $1.31 billion, in the latest stage of perhaps the world’s biggest arms deal. When US President Donald Trump visited Riyadh last year he boasted that the desert …

Beyond the clapping and ululation in Kigali, can the ACFTA be implemented? Kampala, Uganda | RONALD MUSOKE | After close to 30 years of negotiations, 44 African states finally agreed to establish a single market to ease buying and selling of African-made goods and services. That leaves out 11 countries; …

Palm Beach, United States | AFP | US President Donald Trump accused Mexico on Sunday of doing “very little” to stop the flow of people across the US border, and threatened to target the North American Free Trade Agreement in retaliation. His Easter Sunday comments on Twitter came in apparent …

UMEME: Why the president is misinformed about electricity distribution market and tariffs THE LAST WORD | Andrew M. Mwenda | President Yoweri Museveni’s letter to the minister of Energy has provided considerable grist to the anti-Umeme mill. There is no company providing a public service in Uganda that has been …

  Trump to suspend duty-free apparel imports from Rwanda, spares Uganda and Kenya Washington, United States | AFP |  President Donald Trump suspended the duty-free status of Rwanda’s apparel after finding the African nation unfairly blocked US exports of used clothing (commonly known as Mivumba), officials announced Thursday. However, the …

How messages on burning ivory from poached elephants might be missed among those for whom it is intended COMMENT | MATTHEW H. HOLDEN & OTHERS |  The tusks of more than ten thousand elephants went up in flames in Kenya on April 30, 2016 – the world’s largest ever ivory …