East African Community
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Africa
AfDB approves US$ 696.41mln of financing for Burundi and Tanzania to build SGR
ABIDJAN, December 13, 2023– The African Development Bank [AfDB] has approved various financing structures valued at US$ 696.41 million for Burundi and Tanzania to start Phase II of the Joint Tanzania-Burundi-DR Congo…
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National
Govt earning big from fish maw exports, says URA
KAMPALA, December 1, 2023 – The Uganda Revenue Authority [URA] has reported a significant increase in tax revenue from fish maw exports since the introduction of an eight percent export levy under…
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News
UIA organises Uganda-DRC Investment Promotion Summit and Market Access Expo
KAMPALA– Uganda’s Ministry of Finance, Planning, and Economic Development, through Uganda Investment Authority [UIA], is organizing the first ever Uganda-Democratic Republic of Congo [DRC]Investment Promotion Summit and Market Access Expo slated for…
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News
EAC ministers adopt 35 percent common external tariff
KAMPALA– East African Community (EAC) ministers of trade and finance have adopted 35 percent as the 4th band of the EAC Common External Tariff (CET), officials say. The Ministers, during a retreat on…
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Cooperatives & Communities
A $3.2m Ntoroko lakeport constructed to boost trade between Uganda and DRC
NTOROKO – In a bid to boost trade between Uganda and the Democratic Republic of Congo [DRC], the government of Uganda through the Ministry of Works and Transport has constructed Ntoroko Lakeport.…
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Cooperatives & Communities
Minister: Bananas Can Make You Rich
MBARARA –Minister Vincent Bamulangaki Ssempijja has offered expert advice to farmers that could rake in higher profit: Embrace value addition to reap more income. The Minister of Agriculture, Animal Industry and Fisheries…
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News
Rice Farmers in East Africa to Benefit from $3million Grant
Rice farmers in East Africa are set to benefit from a US$3.1 million grant to a rice sector promotion project which will be implemented over a period of three years. The Competitive…
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