Trade

News : Trade

Since before the creation of the World Trade Organisation (WTO) in 1995, two groups of people have confronted each other: supporters of trade liberalisation, who regard the pursuit of growth as paramount, and opponents of trade liberalisation, who see unfettered trade as the cause of many socio-economic problems. (AllAfrica)

AFRICAN states are not devising a clear developmental strategy for regional economic communities, leading to international partners thinking the continent does not have a common approach and a vision for growth, says Egyptian ambassador to SA Mohamed Zayed. (AllAfrica)

The Volta Trade and Investment Fair, ended last Sunday, with various expressions from the exhibiters and participants concerning the event. While some described it as very successful, others said, much more needed to be done by the organisers in future, to make it more successful. (AllAfrica)

The signing of the much awaited East African Community Common Market protocol last Friday after eight years of haggling has flung open the door for what is expected to be a rigorous fight for market space in the region. (AllAfrica)

Tea growers are upbeat about the coming of the rains saying; it has boosted the production of the country's fourth export earner. (AllAfrica)

The European Union (EU) has signed an agreement, which aims to help Nigeria tackle development challenges in the areas of governance, trade and peace. (AllAfrica)

A few weeks ago I was invited to speak on a radio talk show in Uganda and responded to questions from listeners. One particular caller asked me my opinion as to what products could be made in Uganda and marketed in North America. I promised I would consider the questions in greater length before answering it. (AllAfrica)

Trading on equities quoted on the Nigerian stock Exchange (NSE) yesterday recorded a total trade turnover of 560.34 million shares at N2.03 billion in 5,273 deals. This shows an increase by 49.71 million shares against 510.53 million shares valued at N2.40 billion in 6,392 deals which opened trading. (AllAfrica)

The Democratic Republic of Congo and Sudan could be the next two states to become members of the East African Community, EAC's secretariat in Arusha has revealed. (AllAfrica)

The East African Community officially ushered in a common market on Friday amid renewed commitment by the region's Heads of State to expedite the envisaged political federation by 2015. (AllAfrica)

Minister of Trade and Industry, Hon Hannah Tetteh, has urged all stakeholders to ponder on how collectively they can move small and medium enterprise (SME) sector of the economy forward in the right direction. (AllAfrica)

The Common Market Protocol in the East African Community (EAC) is now a reality. Heads of partner states signed it on Friday in Tanzania amid renewed commitment to quicken the proposed political federation by 2015. (AllAfrica)

East African Community Treaty would be reviewed to accommodate the Common Market Protocol signed by the regional leaders in Arusha yesterday. (AllAfrica)

East African Community (EAC) leaders yesterday formally agreed to allow free trade, movement of people and right of residence in the region, with the signing of the protocol establishing a common market. (AllAfrica)

INCREASING numbers of Ugandans watch South African TV, enjoy South African music and radio, eat South African food and are kept connected with their families through the Ugandan subsidiary of South Africa's telecom gaint MTN. (AllAfrica)

Opec's president Jose Botelho de Vasconcelos said today the group sees global oil demand growing to 106 million barrels per day in the period from last year to 2030, up 20 million barrels. (AllAfrica)

The government on Friday said the escalating food prices in the country is attributed to an increase in food exports to the neighbouring countries. (AllAfrica)

The European Commission has signed a multi-million euro agreement to assist Nigeria tackle development challenges in the areas of governance, trade and peace. (AllAfrica)

THE five leaders of the East African Community (EAC) have signed a landmark agreement for a common market which allows free movement of people, goods, labour and capital across the member countries. (AllAfrica)

Integration and co-operation between transit neighbours have been highlighted as factors that could strengthen trade competitiveness of Landlocked Developing Countries in times of the global economic crisis. (AllAfrica)

THE deputy director-general of the industrial development division at the Department of Trade and Industry, Nimrod Zalk, says SA has cemented its position as one of the key players in business process outsourcing and offshoring (BPO&O). (AllAfrica)

Heads of State of the five East African Community partners yesterday signed the protocol on the establishment of the East African Common Market. (AllAfrica)

A former Finance Minister in the previous administration of the New Patriotic Party (NPP), Mr. Yaw Osafo-Maafo has lauded the National Democratic Congress (NDC) government's decision to re-introduce the duty tax on importation of rice and other staple foods into the country. He has, however, cautioned the government to support local production to avert possible shortages. (AllAfrica)

THE legal action instituted against Bayer CropScience AG by farmers in the United States for allegedly contaminating their farms with Genetically Modified (GM) rice seeds in 2006 is a further confirmation of the validity of tests carried out on rice samples collected by the Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) in Nigeria and other West African countries within the same period which showed contamination. (AllAfrica)

Campaigners from fifty countries from around the world meeting in Montreal, Canada to strategise on pushing further the frontiers of transparency in oil, gas, and mining industries, have blamed opacity in oil and mineral licensing for the bad deals natural resource-dependent countries are often saddled with. (AllAfrica)

As Muslims brace up to observe the feast of Eid -Ul-Adha, commonly known as Tobaski, some private companies in the business sector have been deploying all types of marketing strategies with a view to luring potential customers to buy their products. (AllAfrica)

The governor of Central River Region (CRR), Alhaji Ganyie Touray, accompanied by a high-powered delegation, on Wednesday, November 18, visited the ongoing construction work of the new Brikama-ba market in the Lower Fulladou District, CRR South. (AllAfrica)

On October 16th 2009, University of Oxford's Prof. Paul Collier gave a talk at Serena Conference Centre in Kampala on the prospects of an oil windfall for Uganda. Below we produce a slightly edited version of his speech. (AllAfrica)

Tullow Oil Plc, the U.K. explorer with the most licences in Africa has appointed Standard Chartered Plc to sell up to half its stakes in two Ugandan oil fields, the Sunday Times of London has reported. (AllAfrica)

The Italian company, Eni SpA (E) is looking at a large amount of Tullow Oil confidential data as part of its due diligence process for buying a stake in Uganda's oil ventures. (AllAfrica)

The onslaught unleashed on customs duty evaders by the Nigeria Customs Service has revealed some oil majors as among the individuals and organisations that may have been depriving the federal government of customs duty revenue. (AllAfrica)