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Despite the benefits that trade facilitation initiatives such as the introduction of an eSW may yield for a wide range of stakeholders including clearing agents, importers and exporters and government agencies, like most trade reforms, the links between these types of investments and poverty reduction are not so clearly defined. A recent study (Shepherd, 2014) […]
Context: The Uganda National Bureau of Standards (UNBS) was established as a semi-autonomous body by an Act of Parliament in 1983. UNBS is mandated through the Act to develop and promote standardisation, quality assurance, laboratory testing and metrology to enhance the competitiveness of local industry to strengthen Uganda’s economy and promote quality, safety and fair […]
Benin’s national trade national trade facilitation strategy is optimistic that it will dismantle trade barriers as it enters new frontiers of partnerships with organisations such as TradeMark Africa (TMA). The country has already embarked on this path with the establishment of the National Trade Facilitation Committee, which was set up following an interministerial decree to facilitate […]
Discussing the introduction of the African Continental Free Trade Area (AfCFTA) agreement at the Africa Unlocked conference in Cape Town recently, panel members said that intra-Africa trade accounted for about 16% of Africa’s exports. In contrast, levels in Asia have reached 55%, North America 49%, and countries within the EU 63%. Given these statistics, the […]
What would you do with an extra Ushs200,000 (US$53) in your pocket? Would you load up on groceries, top up on that pending payment for school fees, or pay back that small loan you obtained last month? For many women in low-income countries, including Uganda, that extra cash potentially allows them to go beyond simply […]
The landscape of international trade has evolved significantly in recent years, characterised by growing complexity and the emergence of new opportunities and challenges. Trade policies play a pivotal role in shaping the economic trajectory of nations, and well-crafted trade agreements have the potential to lift countries out of poverty while promoting sustainable development. New trade […]
Nairobi, 8 February: The Government of the Netherlands, through its Ministry of Foreign Affairs, in a significant boost to global trade development, has announced a $63 million funding to TradeMark Africa, a leading aid-for-trade organisation. This strategic investment will fuel TradeMark Africa’s Strategy 3, covering the period till 2030, aimed at driving green, sustainable economic […]
Allen Twinomugisha, a mother of 7, trades at the Uganda/Rwanda Border at Mirama Hills. She crosses from Uganda to the Rwanda town of Kayonza to sell bananas and other agricultural produce at-least 4 times a day. She makes a profit of UGX10, 000 per day (US$61 per month). Judging from the busy transporters on bicycles, […]
The latest World Bank’s Economic Update on Kenya reports that the country relies on a fixed basket of products, which has seen it lose market share in the European Union (EU) bloc. Kenya lags behind Uganda, Tanzania and Ethiopia as far as export diversification and product mix are concerned. It is steadily losing market share […]
Environmental degradation is bad for trade and business growth especially when it directly affects the health and productivity of workers and neighbouring communities. The Kenya Ports Authority (KPA) with technical and financial assistance from TradeMark Africa (TMA) has initiated an elaborate Green Port Policy that will transform the port of Mombasa into a premier port […]