Tag Archives: trade

Beijing, China | AFP |  China’s imports rose 1.5 percent year-on-year in August, figures showed Thursday, the first increase in nearly two years, in a positive sign for the world’s second-largest economy. Exports dropped 2.8 percent on-year to $190.6 billion, a smaller fall than the median forecast in a survey …

Second-hand ban strategy: A peep into alternatives to banning importation of second-hand clothing Trade in second-hand clothing is big in Uganda. In markets and shops in most towns and villages, trade in second-hand clothes improves people’s access to clothing, supports livelihoods, and contributes to national and local government tax revenue. Now, …

VIDEO; The parliamentary committee on trade, tourism and industries is to review the trade and investment policies in an effort to regulate the kind of trade foreigners are involved in. The legislators were today overwhelmed by the increasing number of foreign traders’ especially Chinese nationals in retail trade in downtown …

  Ugandan clay products manufacturer to partner Rwandan market leader in bid to be real regional player Kajjansi-based Uganda Clays Limited is in plans to enter the Rwanda clay products markets in a bid to position itself as a leading regional clay products manufacturer. The company, which from July 27-August …

The Minister of Trade, Industry and Cooperatives Amelia Kyambadde has launched the Leather and Leather Products Policy that aims to improve quality of exports and processing of hides and skins in the country. The policy passed by Uganda’s cabinet recently, aims to maximize value addition in the leather sector and application of cleaner technologies. The …

Unexpected outcomes from Burundi’s trade ban on Rwanda Burundi’s July decision to ban exports to its northern neighbor, Rwanda, is brewing trouble for both economies; the question is whether the embattled leadership in Bujumbura can afford to pay that price. The export restrictions on Rwanda were imposed in July by Burundian …

AGOA’s agony: Why 10-year extension of duty-free access to the US market could be another lost opportunity for Uganda When the US passed the African Growth and Opportunity Act (AGOA) 15 years ago, there was a lot of promise.  Many African countries, especially the oil exporters, have registered substantial progress under …

THE LAST WORD: By Andrew M. Mwenda Why U.S. resistance to the proposed ban on second hand clothes is a danger to our future prosperity On August 17, Daily Monitor published an article titled “US envoy warns on ban of second hand clothes.”  The U.S. Ambassador to Uganda, Deborah Malac, …

Japan has promised to provide a $116 million loan to improve Kampala metropolitan infrastructure. Japan is already involved in several projects aimed at improving the road network in Kampala, including building fly-overs. Japanese Prime Minister, Chinzo Abe gave the assurances at a meeting with President Yoweri Museveni at the  6th Tokyo …

Local content fight: Manufacturers, Chinese face off over local materials as government sets up committee to salvage local manufacturing sector On August 02, Matia Kasaija, the minister for finance, planning and economic development, chaired a high profile meeting at the ministry headquarters in Kampala. It comprised a delegation of officials from the …