trade and investment - Uganda Multimedia News & Information https://www.weinformers.com Politics, Health, Sceince, Business, Agriculture, Culture, Tourism, Women, Men, Oil, Sports Fri, 22 Sep 2017 11:01:37 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.2 URA directed to finalize verification of Ugandan companies supplying goods to South Sudan https://www.weinformers.com/2017/09/22/ura-directed-to-finalize-verification-of-ugandan-companies-supplying-goods-to-south-sudan/ https://www.weinformers.com/2017/09/22/ura-directed-to-finalize-verification-of-ugandan-companies-supplying-goods-to-south-sudan/#respond Fri, 22 Sep 2017 11:01:37 +0000 http://www.weinformers.com/?p=49712 Government has directed the Uganda Revenue Authority to finalize verification of Ugandan companies that supplied goods and services to the government of South Sudan and were not paid. The minister of state for planning David Bahati made the directive after MPs put him on task to explain when government will pay the affected traders. Bahati told […]

The post URA directed to finalize verification of Ugandan companies supplying goods to South Sudan first appeared on Uganda Multimedia News & Information.

]]>
Government has directed the Uganda Revenue Authority to finalize verification of Ugandan companies that supplied goods and services to the government of South Sudan and were not paid. The minister of state for planning David Bahati made the directive after MPs put him on task to explain when government will pay the affected traders.

Minister David Bahati

Bahati told parliament that government has told the URA to screen the 84 companies that applied for this payment on basis that they supplied to south Sudan government goods and service so as the genuine ones are paid.

He said that government is committed to pay  the affected traders and later south Sudan government pays Uganda government.

He said that the list of traders from URA will be taken to parliament ant the amount of money required for approval.

Its estimated that government would spend about 140 billion shillings to clear this debt which was cause d by the instability in south sudan .

The minister of Trade Amelia Kyambadde also said that more application for traders who missed on the first phase .

The post URA directed to finalize verification of Ugandan companies supplying goods to South Sudan first appeared on Uganda Multimedia News & Information.

]]>
https://www.weinformers.com/2017/09/22/ura-directed-to-finalize-verification-of-ugandan-companies-supplying-goods-to-south-sudan/feed/ 0
East African governments should not rush to sign agreements with investors, says farmers expert. https://www.weinformers.com/2016/10/08/east-african-governments-should-not-rush-to-sign-agreements-with-investors-says-farmers-expert/ https://www.weinformers.com/2016/10/08/east-african-governments-should-not-rush-to-sign-agreements-with-investors-says-farmers-expert/#respond Sat, 08 Oct 2016 18:31:18 +0000 http://www.weinformers.com/?p=47426 Members of the East African Small Scale Farmers’ Federation have strongly condemned their respective   for what they say is a quick rush to sign the Economic Partnership Agreement (EPAs) with developed countries saying this move has turned out useless to the development and growth of small scale farmers as the investors from developed countries have […]

The post East African governments should not rush to sign agreements with investors, says farmers expert. first appeared on Uganda Multimedia News & Information.

]]>
Members of the East African Small Scale Farmers’ Federation have strongly condemned their respective   for what they say is a quick rush to sign the Economic Partnership Agreement (EPAs) with developed countries saying this move has turned out useless to the development and growth of small scale farmers as the investors from developed countries have instead resorted to cheating them.

The national general secretary Kenya small scale farmer’s forum, Justus Lavi Mwololo, insists that such agreements signed by our heads of state are paving clear way to foreign investors to flock the region to then exploit local East African Community farmers and workers.

Mukasa Mbidde, East African Legislative MP.

Mukasa Mbidde, East African Legislative MP.

Speaking to the chairperson EALA committee on communication, trade and investment, Hon. Fred Mukasa Mbidde on the matter, Mwololo stresses that such pacts have got very great negative impacts to the local industries and small scale farmers.

He notes that he has for many times warned the regional legislative arm to advise their respective governments not to fall into traps of foreigners as he says this will lead member states into economic doom.

Mwololo further warns that if the legislative arm is not listened to, then he will be forced to resort to court to have an injunction on this process.

The post East African governments should not rush to sign agreements with investors, says farmers expert. first appeared on Uganda Multimedia News & Information.

]]>
https://www.weinformers.com/2016/10/08/east-african-governments-should-not-rush-to-sign-agreements-with-investors-says-farmers-expert/feed/ 0