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WITH the outbreak of Covid- 19, the East African Business Council has advised the East African partner states to consider allowing free movement of both essential and non-essential goods within and outside the region. The outbreak of coronavirus has increased restriction on the movement of goods and people across borders threatening the livelihoods of traders […]
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The Office of the Prime Minister through the National Secretariat for the National Task Force on Covid-19 has issued strong guidelines for cross border trade trucks and their drivers operating in Uganda. These guidelines are expected to curb imported Coronavirus cases by cargo transporters. In the last 2 weeks, about 20 trucks drivers have tested […]
Informality is pervasive across the developing world. It is estimated that a substantial share (30%-40%) of Africa’s regional trade is informal, and that four times as many cross border traders are likely to be operating outside the formal economy than within it. Cross-border trade can encourage entrepreneurial activity and regional trade integration, and create employment […]
COVID-19 is a global pandemic that has killed over 200 000 people, more than the World War II as observed by the UN Secretary General Antonio Gueterres. The IMF has summed the pandemic’s economic effects as the Great Lockdown that far exceeds effects of the 1930s Great Depression. Domestic and international trade has stalled save […]
The Covid-19 pandemic is literally changing the way we live.. Several countries have imposed stringent lockdown measures a way of combating the dreaded disease. The Stay at Home restrictions have resulted into a slowdown of the social and economic life, with most activities coming to a near standstill and haunting images of empty streets from […]
The European Union’s decision to support Kenya with EUR 300 million (Sh35 billion) is Europe’s statement of friendship and partnership in these difficult global times. We are now starting to allocate these funds to specific measures. They are part of an overall Sh1.75 trillion (EUR 15 billion) package that the EU mobilised on April 6 to […]
COVID-19 | TRADE Uganda enjoyed a booming cross-border informal trade, 80% of which was being done by women as their sole source of income. However, the inevitable closure of borders because of the dangerous COVID-19 is threatening to drive the women out of business, writes Faridah Kulabako Over the past decade, increasing the participation of […]
The Covid-19 outbreak has transformed life. We can feel the economic and health impacts in Kenya, the UK and across the globe. Good people are working hard to support their communities – including those with day jobs who now have little income. Others are shamelessly trying to exploit the situation. Many of us with office […]
The Covid-19 outbreak has transformed life. We can feel the economic and health impacts in Kenya, the UK and across the globe. Good people are working hard to support their communities – including those with day jobs who now have little income. Others are shamelessly trying to exploit the situation. Many of us with office […]
2nd Floor, Fidelity Insurance Centre Waiyaki Way, Westlands
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