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Uganda and Tanzania have finally agreed to remove all non-tariff barriers to spur bilateral trade, Chimp Corps report. According to bilateral trade figures of the year 2021, Tanzania’s exports to Uganda hit the $1bn mark from about $200m in 2018. Uganda’s exports to Tanzania in the same year reduced to $122m. Uganda’s trade volumes were […]
TANZANIA’s exports to other African countries recorded an 11.8 per cent increase last year, the East African Business Council (EABC), has said. Launching an Africa Due Diligence Platform in Dar es Salaam at the weekend, EABC Executive Director John Bosco Kalisa revealed that Tanzania exports to Africa stood at 2.27 billion US dollars in 2020 […]
SUMMARY Kenyan maize imports account for 58 percent of the grain traded among East African countries between July and September, as poor weather affected the country’s production. Latest data from the Ministry of Agriculture shows that the country imported 155,610 metric tonnes of the grain in the period, followed by South Sudan at 114,660 metric […]
THE government is in the process to legalise a total of 693 unofficial ports in the country in a bid to improve marine transport, curb narcotic drugs and unlicensed firearms. The strategy is also meant to facilitate movement of goods and services besides increasing revenue collections. 348 out of the 693 unofficial ports, almost 50 […]
The Uganda Revenue Authority (URA) plans to make Uganda’s export competitive. Dissecting the topic ‘Understanding Customs In Uganda’s Economic Development’ Friday morning, URA Commissioner for Customs, Abel Kagumire said a number of strategies have been put in place to the country’s exports competitive. Figures from the Ministry of Finance, Planning and Economic Development show that […]
Uganda is exploring ways to cut its reliance on Kenya for fuel imports, routing shipments through neighboring Tanzania as an alternative source of supply. The potential move to diversify its imports could jeopardize business for Kenya’s Mombasa port, since about three-quarters of the terminal’s transit cargo is sent to Uganda. Mombasa has already been fighting […]
Ghana’s exports to the UK remain largely primary products The Business Climate Report has urged the country to change its old practice of exporting primary products to the United Kingdom (UK), which has persistently resulted in a negative trade balance at the country’s expense. The 2020 report indicated that the UK imported US$242million worth of […]
MAJOR upgrades in ports in Tanzania are nearing completion to boost the country’s prospects of becoming a major regional transport and trading hub. The Prime Minister said in Parliament in Dodoma on Tuesday that upgrades for Dar es Salaam, Tanga and Mtwara ports were on final stages of completion as the country is focused to […]
The Ugandan Government has commended Kenya Ports Authority for the port infrastructural improvements which have contributed to faster handling of cargo. Ambassador Paul Mukumbya, the new Uganda Consul General to Mombasa made the observation during a courtesy call on the KPA Acting Managing Director Rashid Salim. He recollected President Yoweri Museveni’s last visit to Mombasa […]
KENYA’S exports to key markets in Africa rose to an eight-year high in 2020, provisional international trade data show, defying delays at border points caused by efforts to stem the spread of the Covid-19 pandemic. Data collated by the Central Bank of Kenya (CBK) indicate value of goods that were sold to other countries on […]
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