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News
COMESA states urged to embrace the regional payments and settlement system
UZULWINI, November 24, 2024 — Central Banks in COMESA Member States have been called upon to utilise Regional Payments and Settlement System [REPSS] for intra-COMESA transactions, owing to its potential to enhance…
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News
MSMEs are the backbone of regional economic development, says South Sudan Vice President
JUBA, November 1, 2024 — The Vice President of the Republic of South Sudan for the Economic Cluster, Dr. James Wani Igga, has said that the Micro, Small and Medium Enterprises […
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News
Eliminate all barriers to transportation in region, EAC Partner States urged
ARUSHA, October 28, 2024 — The East African Community [ EAC ] Partner States have been called upon to eliminate all physical and non-physical barriers to transportation to enhance cross-border trade and…
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News
Uganda aims to reactivate 1963 trade deal with Serbia
KAMPALA, October 26, 2024 — State Minister for Trade Gen. Wilson Mbadi Mbasu has led a delegation to Serbia for a Joint Commission for Trade Cooperation session in Belgrade. This trade mission…
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International
Burgeoning China-Africa trade enables African coffee beans to arrive in China faster
Beijing, September 15, 2024 — Five years ago, it would take at least three months for African coffee beans to be transported to China. Now, it can be achieved in one month…
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News
Draft National Tax Policy in the offing
KAMPALA, August 9, 2024 – The Finance ministry is nearing completion of a new National Tax Policy, which is anticipated to become public in December. This policy will outline comprehensive guidelines for…
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News
Govt exempts electric vehicle makers from stamp duty
KAMPALA, May 7, 2024 – Local companies manufacturing electric vehicles, electric batteries, or electric vehicle charging equipment or fabricator of a frame and body of an electric vehicle; and employ 80 percent…
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News
Global experts urge action as Africa grapples with US$ 65bln timber trade deficit
ABIDJAN, March 27, 2024 – Africa must work to urgently address its staggering US$ 65 billion timber trade deficit to position forests as a critical driver for the continent’s future development, global…
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News
Serere district embarks on rehabilitation of community access roads
SERERE, March 1, 2024 – In the realm of agriculture, better infrastructural development can drastically reduce the time taken to transport produce from farms to markets, therefore helping the farmers to minimise…
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News
Parliament to assess country’s debt
KAMPALA, January 31, 2024 – Deputy Speaker of Parliament, Thomas Tayebwa has directed the Committee on National Economy to assess the country’s huge public debt, which continues to raise eyebrows among citizens.…
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