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Tag: trade

The not-so-visible cost of ‘waste’ export to Africa

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In tonnes of second hand goods, such as worn garments, used electronics, batteries and pre-owned cars, that are sold to Africa each year largely from Europe hides an environmental burden weighing down the health of millions.

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Johnson Kanamugire April 1, 2025 Africa, Beyond borders, Economy, On The spot

Amid rising import bill, Africa sees AfCFTA as last opportunity to end colonial trade practices

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With common trade rules, movement of people and transport connectivity, Africa becomes a market large enough to attract investors from across the world, and a vehicle for industrialization, analysts say.

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Johnson Kanamugire October 13, 2023 Africa, Economy, Special reports, World

Why Africa must prioritise merging currencies for free trade

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Traders’ efforts are weighed down by the fact that they have to use their valuable time and capital to purchase third currencies.

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Johnson Kanamugire September 13, 2023 Africa, Economy, Opinion, Special reports

U-TURN: Govt to repeal parts of the controversial property tax law 

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The much-disputed immovable property tax hike in the 2018 law had not been brought into force as the treasury suspended its enforcement twice amid public uproar.

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Correspondent June 26, 2023 Current Affairs, Economy, Latest

African youth demand Govts action on rising unemployment

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There are at least 11 million young people coming to the labor market every year in search of work, yet only 3 million jobs are created.

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Johnson Kanamugire May 22, 2023 Africa, Beyond borders, Economy

Pan-African payment system rollout reaches three more countries

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PAPSS rollout is planned to reach five regions of Africa before the end of 2023, while all central banks and commercial banks are projected to be signed up by end of 2024 and 2025 respectively.

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Johnson Kanamugire April 5, 2023 Africa, Beyond borders, Economy

Ready for intra-Africa air travel via Asia, Europe in 2023?

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Protectonist regulations only expose African taxpayers to all sorts of inconveniences, complicate air travel to levels Africans suffer from the most and comes back to haunt air transport sector.

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Johnson Kanamugire January 3, 2023 Africa, Latest

The not so visible barriers to trade and why we are not e-buying

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The not so ingenious idea to conduct transactions in major foreign currencies such as US dollar, British Pound, Euro or the likes anywhere within Africa allows somebody out of the continent to collect a portion of the trade value that is generated through settlement/transfer charges.

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Johnson Kanamugire December 19, 2022 Africa, Beyond borders, Economy, Opinion

US-Africa summit: Washington explains exclusion of five nations 

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The US also did not invite leaders of Eritrea, alongside leaders of four other African countries that “are not in good standing with the Africa Union” namely Mali, Sudan, Guinea and Burkina Faso.

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Johnson Kanamugire December 8, 2022 Africa, Beyond borders, On The spot, World

US-Africa summit: Biden likely to make major policy announcement

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The US-Africa Leaders Summit was last held in 2014 under President Obama’s administration, while the business forum last took place in 2016.

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NewsPaper Africa December 2, 2022 Africa, Beyond borders, World

Agro-industrial hubs to cut Africa’s $45bn food import bill. We want this money back – SACKO

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CAAPs has been hailed as one of the most promising means to vastly improve the competitiveness of African industries and enterprises.

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Johnson Kanamugire November 28, 2022 Africa, Beyond borders, Economy

African leaders root for AfCFTA full operationalisation

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The AU leadership is banking on full operationalization of the AfCFTA to drive the much needed industrilaisation of the continent that has borne the brunt of series of global crises.

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NewsPaper Africa November 25, 2022 Africa, Beyond borders, Economy

Intra-Africa trade could boost resilience to crises, unlock $22bn export potential – Experts

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Officials figures estimate intra-African trade at between 15 per cent to 18 per cent annually, the lowest of any region of the world.

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Johnson Kanamugire November 23, 2022 Africa, Beyond borders, Economy

Made in Africa: States work to harmonise standards, rules of origin requirements

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AfCFTA rules of origin, just like standards requirements, single out goods produced within the free trade area that meet set conditions to be allowed to move freely and enjoy preferential tariff treatment.

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Johnson Kanamugire November 22, 2022 Africa, Beyond borders, Economy

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