Jane Nalunga News Today

African countries are pushing for a platform at the United Nations that would provide them an opportunity to discuss global tax rules on an equal footing.

Governance

Agreement signed in Nairobi seen as one of the most ambitious trade pacts ever signed by European bloc.

The imminent removal of Uganda from a program that offers favorable trade terms with the United States is set to hurt key export sectors in the economy

Other countries that received the funding include Zambia, Nigeria, South Africa, Zimbabwe and Mozambique.

Uganda and the continent in general, shoulders a heavy disease burden yet the world scientific output focused on African countries remains largely small estimated at less than 1 per cent.

While textile manufacturing may benefit, jobs will be lost elsewhere, with trade relationships also a concern.

Museveni has opted to seek new markets after Ruto administration barring Kenyatta firm Brookside from selling in Kenya and Algeria dithers.

Analysts say East Africa could experience food shortages due to complications from Russia exiting the grain initiative.

Besides government’s rationalisation plan, government is letting out a substantial amount of revenue in tax exemptions at a time when it is cash-strapped.