The rescue package that was announced by governments around the world to help Small Scale Enterprises-SMEs to recover from the effects of the global COVID-19 pandemic is yet to have a tangible impact on the sector. The pandemic compelled governments to shut down their economies to control the spread of the virus. To-date, some of the sectors like bars, schools and entertainment remain under lock down, while some businesses are increasingly going digital to salvage their operations without violating COVID-19 containment measures put in place by the governments.These are some of the industries that require people to crowd in one place…
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By Santi Jiménez Uganda is usually marketed by Uganda Tourism (UTB) through its website and at some international exhibitions according to its budget. UTB primarily markets tourism activities especially wildlife and cultural trips, but excludes other business opportunities like coffee, tea, agricultural products, mining, construction and others. The latter business opportunities are only left to specialized public and private bodies who market them in an independent manner, but even these are greatly financially constrained. Therefore, the tourism marketing norm in Uganda is a single focus on wildlife and marketing is done independently by each sector. Uganda, like any country, must…
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Cane truck drivers have staged a demonstration along Custom road in Busia municipality protesting a decision by the Kenyan government to stop the importation of sugarcane from Uganda. The drivers packed their trucks loaded with sugarcane in the middle of Customs road on Wednesday, which paralyzed transport and other businesses in the area. It took the intervention of police to clear the road that was blocked for almost three hours. The protest comes a few days after Kenyan authorities started enforcing the ban on the importation of Ugandan cane that was announced by the Agriculture Cabinet Secretary, Peter Munya recently….
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Kampala Capital City Authority – KCCA has issued guidelines to arcade owners before the business centres can be reopened. The arcades were among the places closed during the lockdown in March as a measure to control the spread of the Coronavirus Disease (COVID-19).The guidelines issued before the arcades are reopened include; keeping the premises and access ways clean, hygienic and not blocked and that corridors and access ways are free of any obstruction, stockpiles and temporarily structures.The arcade owners and the business people operating in them have also been asked to have adequate natural lighting and ventilation in the premises, a…
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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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