For many of the newly licensed Free Zone operators, the real work is only just beginning. After the excitement of approvals, incentives, and investment plans, they now face something far …
-
BusinesshealthIndustry & TradeLatest NewsNewsRegional News
Uganda Closes DRC Border as Rare Ebola Outbreak Threatens $1 Billion Trade Corridor
Uganda has ordered the immediate closure of its border with the Democratic Republic of Congo (DRC) following a fast-rising Ebola outbreak, triggering fresh fears over the stability of one of …
-
BusinessEconomicsFinanceIndustry & TradeLatest NewsNewsRegional News
Tanzania Overtakes China and Kenya as Uganda’s Largest Import Partner
A major shift is reshaping East Africa’s trade landscape. Tanzania has officially overtaken both China and Kenya to become Uganda’s largest source of imports, signaling a new era in regional …
-
BusinessEconomicsIndustry & TradeInsuranceManufacturingTansport
Movit Products Flags Off First Export to the US, Signaling a New Era for Uganda’s Manufacturing Sector
Movit Products Limited has officially flagged off its first export shipment to the United States, marking a major milestone for Uganda’s manufacturing industry and the growing global potential of locally …
-
BusinessEconomicsEventsLatest NewsNewsRegional News
Inside Kenya’s €23 Billion Africa Forward Summit Deal
The inaugural Africa Forward Summit in Nairobi marked a major shift in how African partnerships are being structured. Rather than focusing on aid and diplomatic symbolism, the summit centered on …
-
BusinessEnergyGeopoliticsLatest NewsNewsOil & Gas
The war that raised prices across Africa – without firing a shot on African soil
The Middle East conflict has restructured Africa’s import costs permanently. From Cairo to Cape Town and Accra to Kinshasa, no business was untouched. Africa’s supply chain leaders must now act …
-
BusinessFinanceLatest NewsNewsTaxation
URA and KRA Announce 100% Waiver on Mombasa Port Charges: Government’s Early Christmas Gift to Importers
Ugandan importers have every reason to celebrate this November. The Uganda Revenue Authority (URA), in collaboration with the Kenya Revenue Authority (KRA) and Kenya Ports Authority (KPA), has announced a …
-
EnergyFinanceIndustry & TradeLatest NewsNews
What Uganda is going to use the EUR 270 Million Afreximbank Loan for
The Government of Uganda has successfully secured a EUR 270 million loan facility from the African Export-Import Bank (Afreximbank) to finance priority development and infrastructure projects under the 2024/25 national …