Away from the loss of thousands of lives and the devastating impact on healthcare systems all over the world, the other victim of Covid-19 has been the global economy. The disruptive nature of the disease threatens to cripple economies further – especially sectors such as tourism and manufacturing which depend on the physical presence of employees where critical tasks cannot be executed remotely. For factories, where social distancing is an immediate hurdle, the restrictions on physical movement of persons was initially a threat to continuity. Daniel Birungi, Uganda Manufacturers’ Association (UMA) Executive Director, says the Covid-19 pandemic has caused significant…
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By Damali Ssali. There are several factors that influence the value and volume of trade. However, tariffs on tradeable goods and services are one of the most significant factors. International trade grew dramatically in the second half of the 20th century. As an example, total global trade in 2000 was 22 times greater than it had been 1950. This increase in multilateral international trade occurred when trade barriers, especially tariffs, were significantly reduced or in some cases eliminated across large trade blocks in Asia, America and Europe. Tariffs are taxes levied on imports and exports between states with the aim…
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“The National Standardisation Strategy will improve the competitiveness of Uganda products and services thus promoting Buy Uganda Build Uganda policy and improving access to regional and international markets.” The Uganda National Bureau of Standards (UNBS), has launched the first National Standardisation Strategy (2019 -2022) as a roadmap for developing standards in key priority sectors of the Ugandan economy. The three-year strategy was developed in consultation with several stakeholders and industry experts in Manufacturing, Export Trade, Agribusiness and Consumer Organisations, among others and supported by the Commonwealth Standards Network (CSN). While launching the Strategy at Skyz Hotel in Kampala, the Minister…
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