WTO members made history February 15, 2021 when the General Council agreed by consensus to select Ngozi Okonjo-Iweala of Nigeria as the organization’s seventh Director-General Geneva, Switzerland | Xinhua | One week into her new job as the seventh director-general of the World Trade Organization (WTO), Ngozi Okonjo-Iweala’s appointment as head …
Read More »
Nairobi, Kenya | Xinhua | The UN on Thursday urged Africa to develop clear competition and consumer protection rules for African Continental Free Trade Area (AfCFTA) in order to boost trade. Mukhisa Kituyi, secretary general of United Nations Conference on Trade and Development (UNCTAD) told a trade forum in Nairobi that …
Read More »
Kampala, Uganda | THE INDEPENDENT | Small-scale traders operating around Ugandan borders have suffered one of the biggest tumbles with coronavirus bringing their operations to near zero, official figures show. The scale of the impact is shown in the figures compiled by the Bank of Uganda in March, April and …
Read More »
Kampala, Uganda | THE INDEPENDENT | The COVID-19 pandemic cut global trade values by 3% in the first quarter of this year. This is according to the latest UN Trade and Development Conference (UNCTAD) data published in a joint report by 36 international organizations. The report says the pandemic has led …
Read More »
But CSOs say carrying out negotiation virtually will defranchise majority of the stakeholders Kampala, Uganda | ISAAC KHISA | African Business leaders across the continent have signed a joint letter calling for the ministers and heads of state to stick to the July 1 deadline for the free trade agreement …
Read More »
Kampala, Uganda | THE INDEPENDENT | Foreign Direct Investment flows are liable to drop by 30 to 40 percent during 2020 into next year due to the ongoing COVID-19 pandemic reflecting a far more severe economic blow that initially projected. This is according to the latest investment trends monitor report, …
Read More »
Presently importers insure their cargo in the country of origin through their suppliers Kampala, Uganda | ISAAC KHISA | For many decades, Uganda’s insurers and reinsurers never imagined that they could cash in on marine cargo insurance business amid the large volume of business involved in international trade. This …
Read More »
But only a small proportion of the region’s population is hooked to the internet Kampala, Uganda | RONALD MUSOKE | Sub-Saharan African economies are sluggishly growing owing to global uncertainty, poor management of debt, inflation as well as political and regulatory uncertainty, according to the latest World Bank’s bi-annual analysis …
Read More »
Why Jack Ma went to Kenya, Rwanda with 38 Chinese billionaires in tow RWANDA |PEREZ TIGIDAM| Jack Ma, Asia’s richest man and founder of Alibaba Group recently completed a two-day trip to East Africa, visiting Kenya and Rwanda with 38 fellow Chinese billionaires, all no doubt poised with expensive fountain …
Read More »
The Independent Uganda: You get the Truth we Pay the Price
