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Tag Archives: trade

Uganda – DRC trade

Uganda private sector to hold first business summit in Democratic Republic of Congo | THE INDEPENDENT | Private Sector Foundation Uganda representing private sector business associations in partnership with Government of Uganda will hold the first ever Uganda- DR Congo Business Summit between May 31 and June 8 in Kinshasa …

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Russia-Ukraine conflict wreaks havoc on African economies: Expert

As the conflict drags on, African countries with trade ties with Russia and Ukraine face wheat and fertilizer supply shortages Addis Ababa, Ethiopia | Xinhua | The Russia-Ukraine conflict has rocked several countries in Africa, particularly net importers of commodities, a senior economist has said. Tewodros Mekonnen, an economist at the …

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West Nile traders ask gov’t to guarantee their safety in DRC

Nebbi, Uganda | THE INDEPENDENT | Local investors in West Nile have tasked the government to address the insecurity in the Eastern Democratic Republic of Congo (DRC), which they say is hampering trade in the region. The investors made the appeal in Nebbi district on Tuesday, during the West Nile investment …

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European Union renews efforts to grow Ugandan export

Kampala, Uganda | THE INDEPENDENT | The European Union and the Private Sector Foundation Uganda (PSFU) have revived the Sustainable Business for Uganda (SB4U), a trade improvement initiative that was disrupted by the COVID-19 outbreak, one year after its launch. The platform launched in 2019 is aimed at enabling Uganda’s export …

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AMBUSHES: Traders resume food supplies to Karamoja

Moroto, Uganda | THE INDEPENDENT | Traders have resumed supplying food to the Karamoja region. Two weeks ago, the traders stopped supplies of food citing the continuous road ambushes. The traders suspended supplying food after three of their trucks were shot at the same time around Lorengedwat sub-county in Nabilatuk …

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Traders loses millions as fire guts Elegu Market

Elegu, Uganda | THE INDEPENDENT | Fire has razed down Elegu Market in Amuru District, at the Uganda-South Sudan border. Preliminary reports indicate the fire started at about 1 am on Monday before spreading across the entire market structures made of bamboo poles, timber, and iron sheets. Noah Katende, a …

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AfCFTA: EAC agree on ‘Tariff-free Imports’

Arusha, Tanzania | THE INDEPENDENT | The East African Community member-countries have agreed on the list of goods on which the countries will remove tariffs when trading with the rest of the continent, under the African Continental Free Trade Area (AfCFTA) in 10 years. The countries adopted the EAC Tariff …

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