Search Results for: tax

November 10, 2023

Uganda, East Africa traders hopeful as global shocks ease

Uganda’s economic indicators spell better conditions for the private sector and business compared to other countries in the region, according to an expert study, the Africa Trade Barometer (ATB). Uganda’s overall macroeconomic conditions are “average with a slight positive outlook relative to the other countries in the Stanbic Bank Africa Trade Barometer.” “As such, Uganda’s […]

Read More
May 20, 2019

“Building Knowledge to be the Best I can be” by Brian Issa Biryomumaisho

Before the training, there were many things I could not understand. There were many technical things I did not know about, which meant I could not do my job as well as I wanted to. I made many mistakes: Importing from the UK parcels often arrived and were delivered straight to me because I didn’t […]

Read More
November 10, 2023

High costs of air travel in Africa stifle tourism

The high cost of air travel in Africa has been described as a barrier to tourism. Travellers within the continent not only pay higher ticket prices but also more tax to board a commercial aircraft. This emerged at the just-ended World Travel and Tourism Council (WTTC) global summit in Kigali, Rwanda. Speakers at the high-profile […]

Read More
July 19, 2024

Mwanza Border monthly revenue to grow by 8%—MRA

The Malawi Revenue Authority (MRA) says it expects its customs monthly revenue at Mwanza Border to go up by eight percent to K26 billion when the one-stop border post facility opens. Speaking on Wednesday at Mwanza Border when Minister of Trade and Industry Sosten Gwengwe handed over the facility to operating agencies, MRA deputy commissioner […]

Read More
July 19, 2024

Tunduma-Nakonde cargo volume doubles in nine months

What you need to know: The new and promising data come nine months after Tanzania and Zambia agreed to address eight out of 24 trade challenges and put up plans to resolve the remaining 16 by December 31, 2023, to effectively facilitate trade between the two countries Dar es Salaam. The Tunduma-Nakonde border is increasingly emerging […]

Read More
July 18, 2024

Nairobi must align trade with global trends to curb losing exports lustre

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 […]

Read More
July 18, 2024

Samia: Road network key for cross border trade

RUKWA: PRESIDENT Samia Suluhu Hassan has underlined the government’s commitment to improving infrastructure and link the country with neighbouring nations, to boost economic growth and promote regional development. The Head of State made the statement on Tuesday after launching the Sumbawanga-Matai-Kasanga Port 107 kilometres tarmac road, during her working visit to Rukwa Region. The road was […]

Read More
March 14, 2022

Combating COVID-19 and Supporting Recovery

The COVID-19 pandemic has shaken the globe and disrupted the lives of billions of people in every corner of the world. Eastern Africa has not been left unscathed. The pandemic has affected trade and economic activity in a fundamental way. Whereas many have weighed the impact of COVID-19 on health terms, we in trade facilitation […]

Read More
February 13, 2017

A mixed approach facilitates cross border trade leading to increased revenue, incomes and improved livelihoods

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, […]

Read More
April 22, 2021

East African women traders: ‘Celebrating the past, planning for the future’

COVID-19 has hit women disproportionately hard across East Africa, especially those working in the informal sector. Lessons must be learnt to prevent this from happening again. Women in East Africa can look back over recent history with a sense of struggle and accomplishment, of regression and progression. Women’s activism was ingrained in many of the […]

Read More