Video guest: Josephine Mwangi

November 2017
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EDITO
Sunday, 19 November 2017

The ministry of Trade together with TradeMark East Africa (TMEA) are in advanced stages of developing a strategy to improve trade across borders. The proposed strategy lays out planned interventions and priorities that will eliminate some of the challenges faced by women and informal traders. Addressing the participants during a stakeholders' meeting to review the strategy held in Kampala last week, Trade minister Amelia Kyambadde said government is going to coordinate different stakeholders in different ministries charged with trade facilitation. "The strategy has also been developed and approved and we are now going to present to Cabinet. We are giving it less than a month. We are also going to ensure that they work on infrastructure and also approve the National Export Development Strategy which comprises all these projects," she said.

Wednesday, 10 May 2017

The latest rankings in the 2017 Index of Economic Freedom by The Heritage Foundation shows people living in countries with low trade barriers are better off View west near Piggs Peak in SwazilandSwaziland receives more than 90 per cent of its imports from South Africa. (Image source: Michael Denne/Commons) Swaziland ranked top of all African countries as having the highest level of free trade, according to the 2017 Index of Economic Freedom. The country, known as one of the world’s last remaining absolute monarchies, scored 88.9, followed closely by Mauritius with 88.7. Swaziland’s economy is closely linked to the South African economy from which it receives more than 90 per cent of its imports and to which it sends 60 per cent of its exports: sugar, wood pulp, cotton, beef and soft drink concentrates.

Thursday, 04 May 2017

Vegetable seed specialist Hazera has announced that it has opted to support agricultural development in Africa, providing high quality seeds and expertise to support people improving their living conditions. Hazera utlined several examples of where it has made a difference on the continetn. In Ethiopia, a development project that began with the adoption of one village is expanding now to 13 additional villages, while another project is supported in Holeta, where the Roseland foundation is developing the community through education and agriculture. More broadly, Hazera is training farmers all over Africa and is introducing vegetable varieties that can bring African farms to healthy profit.

Wednesday, 03 May 2017

Zimbabwe expects to receive 80 centre pivots worth over $6 million from Spain to aid irrigation under Command Agriculture, as Government moves to adopt new technologies and strengthen infrastructural development in support of the successful import-substitution programme. Negotiations are under way for another facility worth $60 million for bigger equipment from the same country, Agriculture, Mechanisation and Irrigation Development Minister Dr Joseph Made said yesterday. The 80 centre pivots will come in batches of 20 and the first batch has now been prepared for shipment, with installation of the units expected to start next month. The centre pivots will range in size from those which can irrigate 20 hectares to those for 80 hectares.

Thursday, 27 April 2017

The Gambia and the European Union on Wednesday handed over their funded women’s garden project in Kumbaney village, Niamina West in the Central River Region. The project, which cost two million dalasi, was part of EU project to promote women’s socio-economic rights. The 2 hectare site was fenced and housed a shed, 2 toilets and has 8 concrete lined wells. Speaking at the handing over ceremony, Pansaw Nyassi, Project Manager at Actionaid International-The Gambia, explained that they conducted various assessments across a number of villages in the district and Kumnaney merited its naming as beneficiary of the project. He said, apart from the garden project, they have also supported the women of the region with poultry and tie and dye projects.

The European Union has allocated €53 million (Shs202.9 billion) towards easing trade transaction in the Common Market for Eastern and Southern African (Comesa) bloc where Uganda is a member. The money is part of the 11th European Development Fund's €85 million (Shs325.5 billion) support for Comesa regional integration programmes. Comesa Secretary General Sindiso Ngwenya at a recent regional meeting of member states held in Lusaka Zambia, to validate the identified projects, said: "The overarching goal of the trade facilitation programme is to make trade transactions easier, quicker, more efficient and less costly, thereby enhancing trade flows in the identified transport corridors." The funding expected to increase intra-regional trade flows of goods, persons and services by reducing the costs/delays of imports/exports at specific border posts.

For the fourth consecutive year since 2013, East Africa remained the fastest growing sub-region in 2016 on the back of agricultural growth, an emergent manufacturing sector, improved public spending on infrastructure and resilient household consumption, among others. This is according to the 2017 Economic Report on Africa (ERA2017) recently launched in Dakar, Senegal. The report examines how to harness the opportunities from rapid urbanisation to speed industrialisation and accelerate structural transformation. It also identifies and analyses the drivers, enablers and policy levers for strengthening linkages between industrialisation and urbanisation.

Adopted in the form of a joint declaration, the European consensus on development, more than a common banner, is a necessary precondition to the complementarity and coordination of European development policies envisaged in the EU Treaties. The redefinition of development policy in times of internal crisis and global transformation is high-stakes – while integrating the new and ambitious vision presented in Agenda 2030 is a recognised necessity, there are inherent risks to the exercise. A surfeit of priorities may undermine the strategic character of this framework document, while exacerbating challenges of coherence and coordination.

During an official visit to Haiti after the appointment of a new Government, Commissioner for International Cooperation and Development, Neven Mimica announced a new EU aid package. The first of which is a special allocation of €18.5 million (€14.5 million in exceptional budget support and €4 million for an agricultural project) in response to Hurricane Matthew which hit the island in October 2016 and caused widespread damage to housing, agriculture, and infrastructure. The EU had also provided initial emergency relief last year when the hurricane struck the country. Commissioner Mimica said: "Through our new support we clearly show the solidarity of the European Union towards Haiti. We remain committed to supporting the Haitian population and the reconstruction and stabilisation of the country."

Wednesday, 26 April 2017

The African Development Bank (AfDB) has provided over 30 million U.S dollars to support South Sudan’s membership in the African trade, insurance and development body and also strengthen electricity distribution networks. AfDB said in a statement on Thursday evening it has approved 18.15 million U.S. dollars to Juba to help with required resources to support its membership in the African Trade Insurance (ATI) and Trade and Development Bank (TDB). AfDB also approved a supplementary loan of 14.57 million dollars to rehabilitate and expand the electricity distribution networks in the South Sudanese capital Juba.