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Tag Archives: trade

BORIS: Economic growth presents Uganda new opportunities

Britain’s Secretary of State for Foreign and Commonwealth Affairs Boris Johnson has hailed Uganda for sustaining economic growth over the years. “The country seems to be growing well. The strong economic growth presents real opportunities,.” Johnson said after meeting Uganda’s President Yoweri Museveni on Wednesday night. Other than trade and …

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VIDEO: Dealers decry fake shoes flooding Ugandan market

VIDEO: Companies dealing in new shoes have decried the increasing fake shoes on the market that they say are impacting on their businesses negatively. According to the Bata Marketing and Sales manager Diana Nabunya, traders dealing in shoes should ensure high quality products. This as they launched special ladies shoes that …

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VIDEO: Buy Uganda, Build Uganda policy launched

VIDEO: Government has today launched the “Buy Uganda, build Uganda” policy and the implementation strategic plan. This comes in a time when a free trade market seems to be doing harm to Uganda’s economy that is facing trade imbalance of $3million. This has been a wake up call to government …

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China overtakes US as Germany’s top trade partner

Frankfurt am Main, Germany | AFP |  China overtook the United States last year to become Germany’s biggest trading partner for the first time, official data showed, a shift likely to reassure Berlin as worries grow over US President Donald Trump’s protectionist leanings. The figures compiled by federal statistics office …

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Museveni in Dar as Uganda eyes alternative routes to sea

President Yoweri Museveni is in Dar es Salaam to inspect improvements on Tanzania’s main port so that it can be used as an option for Uganda’s exports and imports. According to Augustine Mahiga, the Tanzania Minister for Foreign Affairs,  Museveni’s visit to the Dar es Salaam port was to encourage Ugandan businessmen to …

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Uganda, UK discuss declining exports and imports

Uganda is exporting and importing less from the UK, but their respective ministers in charge of trade are optimistic this can be changed for the benefit of both nations. Although the UK has a strong bilateral relationship and a significant development partnership with Uganda, trade between the two has slowed …

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URA launches electronic regional cargo tracking hub

The Uganda Revenue Authority (URA) has today launched three customs trade facilitation programmes that will improve the ease of doing business in Uganda and the East African Community, and also promote trade and Investment. The trade facilitation programmes funded by Trade Mark East Africa (TMEA) will be used to monitor transit …

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US promises no mass deportations in bid to calm Mexico

Mexico City, Mexico | AFP |  US officials promised Mexico no “mass deportations” or use of military force to expel immigrants, moving to calm tensions over President Donald Trump’s vow to crack down on “bad dudes” illegally residing in his country. US Homeland Security Secretary John Kelly and Secretary of …

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