News Tag: Uganda

Northern Corridor Integration Projects Meet Reviews Progress

The Northern Corridor Integration Project countries yesterday started their twelfth summit in Kigali to review progress achieved in the implementation of earmarked projects. The summit, which is held every two months, began with a two-day meeting of senior regional officials, heads of institutions and permanent secretaries from the participating countries who will prepare a report on the progress for regional ministers. Officials at the meeting represent the four countries who are part of the initiative; Rwanda, Uganda, Kenya and South Sudan. Ministers representing member countries will hold a session on Wednesday to review the report prepared by their countries' technical teams after which they will present a progress report to the Heads of State.Monique Mukaruliza, the national coordinator of the Northern Corridor Intergration Projects, told The New Times that over the four days, delegates would review the progress in the 14 earmarked projects, emerging issues, challenges as well as the way forward. "The summit is also a chance to report and evaluate directives from the previous summit," she said. Other than the members of the initiative, observers keen on working with the body on selected projects are also attending the summit. Among the observers present at the summit include, Burundi, Ethiopia, DR Congo, Tanzania and Djibouti. Bodies such as East African Community (EAC), the Northern Corridor Transit Transport Coordination Authority and the Regional private sector are also represented. 'Keen for partnerships' Mukaruliza said observer states and bodies are keen on possible partnerships and involvement in the regional projects. "Ethiopia, for...

What EAC Can Learn From Nordic Countries

Nordic countries have not only largely overcome economic problems but have also weathered the storm of the global economic crisis much better than many of their European neighbours. East African economies can, therefore, pick lessons from the economic model that has seen these Scandinavian countries succeed. Although this model followed by Sweden, Norway, Finland, and Denmark has long been conflict-ridden in some quarters, some people are exalting it while others are just trying to forget everything about it. About three weeks ago, hundreds of delegates from East Africa and the Nordic region were in Kampala for the first Nordic-East Africa Trade Summit & Expo organised by the Nordic Business Association in Uganda. The two-day event saw business leaders from Uganda, Kenya, Tanzania and Rwanda, and their counterparts from Denmark, Sweden, Norway, Finland and Iceland deliberate on business issues of mutual interest. In a pre-event meet with Daily Monitor, the communications advisor to the Nordics in Uganda, Shamilla Kara, said: "The summit will bring together businesspeople and entrepreneurs from both sides to discuss business opportunities and to build contacts for trade and investment. These will be days of great interaction, compelling content and business networking." Ms Kara's words pose the question of what these small European nations would teach the seemingly big East African countries, including the gigantic Tanzania. But she had insisted that the expo was a great opportunity for East Africa, especially Uganda. But what is this model? The Nordic model (also called Nordic capitalism or Nordic social democracy)...

Azevedo’s headache as WTO members gear up for meeting

Roberto Azevedo is a very optimistic diplomat. It is an attitude he has cultivated over a long period as a career diplomat representing his country, Brazil, in high-profile missions. But he will need an extra muscle to sustain his expectation of a good outcome from the World Trade Organisation (WTO) Tenth Ministerial Conference that kicks off in Nairobi next Tuesday. In his two years as the World Trade Organisation (WTO) Director General, he has used every available opportunity to exude confidence that members of the trade organisation will finally end a trade dispute that has pitted rich nations and poor nations since 2001. His optimism will be severely tested in the face of a possible explosion of the organisation that he took over leadership in 2013. An explosion because both rich and poor nations are increasingly losing patience with the WTO as a platform to make global trade serve or protect their economic interests. The heart of the disillusionment with the WTO is the obstinate refusal by rich nations which include the US, Canada, Japan and European Union to abolish trading policies in agriculture and food security, and intellectual property rights that give them advantage over poor nations. The negotiations to end these trading practices are referred to as the Doha Development Agenda or simply the Doha Round because they started in Doha, Qatar in 2001. Developing nations want rich countries to put an end to agricultural subsidies which give their farmers an unfair advantage against those from developing countries....

Ugandan leader appeals for urgent construction of EAC regional railway

Ugandan President Yoweri Museveni has told the Chinese government that there is an urgent need for them to look at the construction of the regional Standard Gauge Railway connecting the East African Community (EAC) partner states. Speaking to his Chinese counterpart, President Xi Jinping on the sideline of the Forum on China-Africa Co-operation currently underway in South Africa, Museveni called for urgent construction of the railway which will link Uganda with Kenya at Malaba, Rwanda at Mirama Hills, South Sudan at Nimule and the Democratic Republic of Congo at Aruu. “This will have the total length of 3000 kilometres but will however, be built in phases, starting with the Kampala-Malaba part of 273 kilometres” said Museveni. He said the Uganda government has already signed contracts with a Chinese company known as China Harbour Engineering Company Ltd (CHEC) for the construction of the railway but noted that the project is just waiting for funding from Chinese financing agencies. Source: Star Africa

Africa Ripe for Industrialisation

Johannesburg — Africa and China have vowed to focus on industrialisation which they hope will unlock inclusive economic growth and sustainable development for the continent. The two sides believe that industrialisation, if implemented effectively, has the potential to unlock opportunities beyond borders, leading to sustained economic growth and development. While Africa has experienced sustained economic growth above 5% over the last decade - with some countries above 7% - the contribution from industrialisation was minimal. Industrialisation is closely linked to infrastructure development and job creation and has been identified as a precondition for Africa to achieve inclusive economic growth. In his address during the China-Africa Business Forum held during the Johannesburg Summit of the Forum on China-Africa Cooperation (FOCAC), President Jacob Zuma said Africa is ripe for industrialisation. "The truth is that Africa is rising and Africa has a bright future. It all depends on all of us here to make things happen," President Zuma said. Africa's growth has been attributed to the increasingly sound macro-economic environment with low government debt, rising domestic resource mobilisation and reduced inflation rates. The consumer market in the continent is said to be rising in line with its growing population while the environment for doing business is steadily improving in light of successful remedial actions in governance and economic management. The rollout of technology and innovation is also improving the access to financial services. This is in addition to the abundance of natural resources. Over the past five years, 30% of global oil and...

Uganda struggles to boost trade with South Africa

Ugandan business has had little success in penetrating the South African market, but change is coming. The poor quality of products from Uganda, inadequate phytosanitary standards, and high visa fees are all obstacles preventing market penetration for Ugandan products in this key export market. Speaking to Anadolu Agency on Friday, South African High Commissioner Lekoa Solly Mollo notes that although trade and investment has increased over the years, “the trade balance has always been very heavily skewed in South Africa’s favor.” Trade volume between the two countries is valued at just $250 million. The High Commissioner states that “Inadequate phytosanitary standards at Ugandan producers is one of the obstacles to access by Ugandan exporters to markets in South Africa.” These are standards like packaging, ingredients list, laboratory checks – all the product standards required by South African regulations, Mollo said. In November, South Africa and Uganda held a joint trade commission meeting at which the issue of non-conformity of Ugandan products was raised. Mollo said that it was critical for Ugandan producers to address these issues to achieve greater market penetration in South Africa. South Africa asked Uganda to send two officials to Johannesburg to train with the South African Bureau of Standards to meet the challenge. But the Ugandan Director for Regional Cooperation in charge of Africa and Middle East Rossete Nirikindi Katungi told Anadolu Agency on Friday: “But the handicap has been that we do not have enough resources to send more people to train.” The joint commission...

Financial Inclusion Will Boost EAC Status

Across East Africa, something wonderful is happening. Technology is monetising people's lives especially in the rural areas, at a rate totally unheard of before the coming of the mobile phone. When someone uses their phone to either send or receive money, the networks are happy, the banks are happy and the customer is happy. More important financial inclusion is expanding which is always good for an economy, because it also encourages savings. Now cross-border mobile money services are helping to rapidly demystify the whole concept of regional trade. With greater financial inclusion comes more business and consequently general prosperity. The East African Community governments should also be commended for encouraging financial inclusion. According to the World Bank, an estimated two billion working-age adults - more than half of the world's total adult population - do not have an account at a formal financial institution. Financial inclusion efforts ensure that all households and businesses, regardless of income level, have access to and can effectively use the appropriate financial services they need to improve their lives. Currently, the world's poor live and work in what is known as the informal economy. Even though they have little money, they still save, borrow and manage day-to-day expenses. However, without access to a bank, savings account, debit card, insurance, or line of credit, for example, they must rely on informal means of managing money. This includes family and friends, cash-on-hand, pawn-brokers, moneylenders, or keeping it under the mattress. Sometimes these choices are insufficient, risky, expensive,...

TMA to lead in discussions at Trade and Development Symposium (TDS)

What is the future of the WTO? Will the Doha Round survive? How can trade help develop the world’s poorest nations? Why does Africa import 83% of its food? These are some of the big issues to be explored at the Trade and Development Symposium (TDS) in Nairobi, Kenya, 14th to 17th December. TDS will run in parallel with the WTO’s 10th Ministerial Conference and offers a unique and vital platform for wider discussions that wouldn’t be possible in the confines of the WTO negotiations. TMA is a strategic partner for TDS and will host and lead in a number of discussions related to trade. With more than 1500 participants, TDS 2015 will be the biggest ever gathering of trade experts in the world. [caption id="attachment_10990" align="alignleft" width="600"] ICTSD fellow Amb. Darlington Mwape addresses the press in Nairobi. “There have been benefits for Africa and Least Developed Countries in the lifespan of WTO. For example the OSBP made possible by WTO.”[/caption] They will be joined by WTO trade ministers and their delegations, representatives from the private sector, NGOs, the United Nations, the World Economic Forum, the International Trade Centre, the World Bank, senior academics, think-tanks and thought leaders. In addition to TMA experts other, Notable names that will talk trade at TDS include: Akinwunmi Adesina, President of the African Development Bank Ambassador Amina Mohamed, Ministry of Foreign Affairs and International Trade, Kenya Roberto Azevêdo, Director General of the World Trade Organisation (WTO) Dr. Richard Sezibera, Secretary General of the East African...

Chinese military base in Djibouti necessary to protect key trade routes linking Asia, Africa, the Middle East and Europe

China is being coy about the navy installation it is setting up in the East African country of Djibouti, referring to it simply as a resupplying position for its ships participating in United Nations anti-piracy missions. But whether it is to be called an outpost, a base or some other term, there is no escaping the symbolism and meaning. The historic role of the Chinese military has been to protect borders and territory, yet the Horn of Africa nation is more than 7,700km from Beijing. To rivals like the United States and Japan, such a facility could readily be viewed through the lens of hegemonic intentions. President Xi Jinping (習近平 ) has made no secret of his plans for the People’s Liberation Army. In a speech to senior military officers last week outlining a restructuring of operations, he said he wanted to “build a robust national defence and a strong military that corresponds to our country’s international stature and is adapted to our national security and developmental interests”. A white paper earlier this year outlined ambitions for China to become a global maritime power. Djibouti, adjacent to waters through which billions of dollars in Chinese trade and resources pass and on a continent where there is no greater trading partner and investor, is an ideal location to pioneer such aspirations. Djibouti, a poor country of 900,000, gets a sizeable income from renting military bases. The country’s strategic location, near sea lanes between Asia and the Middle East and Europe, and...

Regional MPs Happy With One-Stop Border

Kigali — Citizens of the region will benefit a great deal from the facilities offered by the One Stop Border Posts (OSBPs) system in the East African Community Partner States, but there are still technicalties holding back full implementation. According a report by a committee set up by the East African Legislative Assembly (EALA), where the facilities are already running, there is free movement of persons and a faster flow of trade between the respective states. The report was adopted by the House during their sitting in Kigali last week. The regional legislators are now calling for the fast-tracking of all remaining works of the OSBPs to allow its implementation for further integration. During debate, at one stage Shyrose Bhanji said she was concerned with the slow implementation of the decisions of the House and these were being overlooked. "I had hoped to hear there is 100% implementation of the OSBPs. The reasons given for the delay are not good. Where is the problem Honourable Speaker? The process of getting the Bill has been costly. It is important that it is effected," she said. It was agreed that it is key for the assent of the OSBP Bill, 2013, in the Partner States to be finalized to give it legal effect in the entire region. According to release fromthe Secretariat, members were informed that Partner States are implementing the OSBP Initiatives bilaterally as they await for completion of the Assent process. At the moment, the Bill which was introduced by...