• Uganda's struggling traders rethink business strategies for 2017

    2016 was a difficult year to do business in Uganda -- that's according to local traders in the capital, Kampala. Several companies have shut up shop and those who've managed to stay open say they're seeing little profit. As the New Year sets in, traders are rethinking business strategies for 2017. Michael Baleke reports

    published: 04 Jan 2017
  • Ugandan traders push for one currency in East Africa

    Plans by central banks in East Africa to promote the use of local currencies in regional trade have hit a snag. In Uganda, traders say ditching the highly favored US dollar will not be practical. The central banks had backed the proposal to cushion traders against losses incurred by forex changes. But as CCTV's Michael Baleke reports, their proposal hasn't gone down well.

    published: 09 Aug 2016
  • Kampala traders protest against Chinese

    Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Like our Facebook page http://www.facebook.com/NTVUganda

    published: 19 Apr 2017
  • Parliament wants Chinese banned from engaging in retail trade

    Parliament’s trade and Investment committee has recommended the removal of Chinese retail traders from Kikubo trading centre in downtown Kampala. According to the committee most of the Chinese are involved in petty trade and not the investments they applied for when they came in to the country. The recommendations regulating the areas the Chinese traders can operate in are contained in a report to be presented to Parliament this week. Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Like our Facebook page http://www.facebook.com/NTVUganda

    published: 30 Nov 2016
  • Uganda Exports Board Tips Traders

    Uganda Exports’ dismal performance continue to offer sleepless nights to Uganda Export Promotion Board, something that is has forced the board to craft ideas for a major breakdown. Elly Twineyo, the executive director of Uganda Exports promotion Board, says Uganda’s exports are performing below expectations and part of this is a result of Ugandans not appreciating the importance of exports. Twineyo believes that lack of information on the available markets especially for agriculture products and being stuck in subsistence farming is curtailing the exports sector.

    published: 16 Aug 2016
  • A Section of Traders Support Age Limit Removal

    A cross section of vendors, taxi drivers and traders in Kampala city have today marched to Uganda’s parliament in a solidarity with the pro- legislators that are pushing for the amendment of 26 that installs an age cap on presidential candidates. The group which started procession from downtown carried placards, banners with inscriptions urging president Museveni – who will be making 35 years at the helm of power by 2021 to contest again.

    published: 12 Sep 2017
  • Corn Prices Worry Grain Traders

    Grain dealers in Mbale district are calling upon government to come up with strict regulations on food exportation to avoid food shortages in the country especially during poor harvest. Local grain dealers are now blaming the food shortage on foreign traders who take the advantage of their strong currencies against the Uganda shilling. This has led to a shortage in the supply of corn flour and drastic increase in the price. This has left

    published: 22 Nov 2016
  • #PMLive: TILES TRADERS STRIKE- Protesting Chinese selling same products at cheaper prices

    Nakasero traders selling tiles and other building materials have this morning gone on strike and closed their shops. They are protesting Chinese here who sell the same products at cheaper prices. They argue they pay a lot of rent and are taxed yet they have fewer customers compared to the Chinese. They demand for government’s intervene. Holding placards, the traders marched through down town kampala

    published: 19 Apr 2017
  • Latest Update from Nateete Market Traders' Strike

    Traders forced out of Nateete Market, protest lease.

    published: 28 Aug 2017
  • Uganda agrees to settle debt owed to its traders

    The Ugandan government has agreed to settle an outstanding debt owed to Ugandan traders who supplied goods and services to South Sudan. The traders were not paid their dues after an outbreak of war in the country. The decision follows a meeting earlier this year between Uganda's President, Yoweri Museveni and South Sudan's leader, Salva Kiir, aimed at establishing a strategy for the repatriation of proceeds from Ugandan companies. Michael Baleke tells us more.

    published: 23 Sep 2016
  • MPs tour downtown Kampala, raise concerns over proliferation of Chinese traders

    The parliamentary Trade committee this morning moved into downtown kampala, on what they termed a fact finding mission to get rid of foreign businesspeople disguised in Petty trade. The law makers are now promising to initiate reforms within the legal framework, that must cushion local business owners, already fighting a tight and complex trade environment. This amid widespread public outcry over Asians who are actively involved in ordinary trade shaking off many indigenous entrepreneurs across the country. Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Like our Facebook page http://www.facebook.com/NTVUganda

    published: 05 Sep 2016
  • Traders Express Mistrust in URA

    The Uganda Revenue Authority has come clean over allegations advanced by downtown traders that the authority is more interested in the money than the survival of their business. The URA team camped in Kikubo for about 3 hours trying to sensitise to traders, both retailers and wholesalers on the need to pay taxes.

    published: 25 May 2017
  • Uganda's traders who use the Kenya Mombasa port are happy that Kenyan election ended peacefully

    Uganda's importers and exporters who use the Kenya Mombasa port are happy that Kenyan election ended in harmony with no events of violence. Through their umbrella Kampala city traders association, traders now want their members to fast track their goods and clear them from the Mombasa port as soon as possible and stock Ugandan markets. As kennes Bwire reports, traders want the incoming Kenyan government to settle their compensation of 400 million dollars as agreed after losing their commodities in 2007 post election violence.

    published: 11 Mar 2013
  • UGANDA TRADERS IN SOUTH SUDAN:BY KABBALE IVAN ELVIS

    TRADERS THREATEN TO CLOSE BOARDERS TO BLOCK TRADE BETWEEN UGANDA AND SOUTH SUDAN FOR LONG STANDING DEBT OF APPROXIMATELY 60 MILLION US DOLLARS.

    published: 30 Mar 2014
  • Ugandan traders conned in Mombasa, seek government assistance

    A group of Ugandan traders are seeking redress from government after they allegedly lost thousands of dollars to people they claim worked for Kenya Ports Authority in the Port of Mombasa. The traders claim this happened while they had gone to clear their goods out of Mombasa port and the extortion that took place included Kenyan police. Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Like our Facebook page http://www.facebook.com/NTVUganda

    published: 16 Nov 2016
  • South Sudan Traders Cry Foul

    The hope of Ugandan traders, who lost billions of shillings in the South Sudan war to be compensated, now lies in the hands of a joint verification committee. The committee which is composed of officials from the Ministry of Trade, Finance and foreign Affairs and selected traders, starts work on Thursday next week.

    published: 10 Aug 2017
  • UGANDAN TRADERS NOT HAPPY WITH SOUTH SUDAN TRADERS

    published: 23 Aug 2011
  • Uganda traders threaten strive over S. Sudan "debt"

    Ugandan traders owed by the government of South Sudan cry foul after waiting for payments from the conflict-stricken country in vain. The traders maintain that nothing concrete is yet to come out of the promises made to them over 50 million dollars worth of goods and services they supplied to Africa's newest state. For more news visit http://www.ntvuganda.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Like our FaceBook page http://www.facebook.com/NTVUganda

    published: 06 May 2014
  • Kenyan traders lament ban on Uganda poultry products

    Traders in eggs business have run out of stock following a ban of poultry products from Uganda. This has led to the rise in egg prices due to supply shortfalls. According to traders and farmers, poultry products like eggs are usually imported from Uganda  due  to the low market price which is associated to the cheap feeds available across the boarder.

    published: 01 Mar 2017
  • Freeze South Sudan Accounts In Bank of Uganda -Traders Demand

    Ugandan traders Uganda are calling upon government to freeze the South Sudan government accounts, reportedly in Bank of Uganda. Kampala City Traders Association-Uganda Spokesperson Issa Ssekito says Uganda must take tough measures or else, traders who supplied goods to South Sudan will continue losing their properties.

    published: 12 Aug 2016
  • Foreign exchange traders suffer from slow economy and falling demand

    Business in the foreign exchange market has dipped further by more than half, with sector sources suggesting daily transactions now at average of $4M (Shs14.4B) down from approximately $10M (Shs36B) 18 months ago. The forex bureaux are blaming a huge reduction in foreign direct inflows, slow down in regional trade, as well as dwindling demand for international import requirements as some of the reasons for reduction in business. Slower business activities apart, the shut down of some bureaux including Crane forex bureau, is not helping the conditions in the market either, where money traders are reporting nearly 65% reduction in profit margin across traded unit currencies combined. Uganda’s nearly 270 registered forex bureaux are now having to deal with the running effects of wobbling ...

    published: 26 Jul 2017
  • Uganda Traders Count Loses in S. Sudan

    Doing business in politically unstable countries can be pretty risky, as some Ugandans doing business in South Sudan have found out since December 2013. They say they are still waiting for the government of South Sudan to pay some $ 41 M dollars owed for grain bought between 2008 and 2010. The grain sellers say an assortment of maize and sorghum worth $ 56 M dollars was bought but only $ 15 M dollars of that, has been paid for. Ugandan Government officials say they are working with their counterparts in South Sudan to ensure the debt is cleared.

    published: 10 Apr 2014
  • Uganda Financial Woes: Traders say they cannot access credit facilities

    The central bank has issued a directive stopping Crane Bank from issuing letters of credit, bank guarantees, bid bonds as well as place restrictions on new loans.The directive comes after the Bank of Uganda identified that there was a continued and significant erosion of capital. The apex bank took over the management of Crane Bank after reports that it was significantly undercapitalised and could become a risk to the overall banking system. These "special" arrangements with customers are reported to have contributed to the rise in Crane Bank's non-performing loans, which were valued at 142 billion Uganda shillings, just about 40 million dollars, by the end of December 2015. Bank of Uganda's decision to place restrictions on lending was reportedly meant to prevent the situation from escal...

    published: 06 Jan 2017
  • Fresh S.Sudan attacks on Uganda Traders reported

    http://ntvuganda.co.ug/ The Inspector general of police has assured Ugandans trading within South Sudan that with a force put in place to protect them, they need not to worry about their safety. Lt Gen. Kale Kayihura also says that not all that are killed are Ugandans, adding that those responsible could be bandits or rogue SPLA elements. Following the death of two Ugandan truck drivers late last month in South Sudan, one other national is said to have been injured along the Nimule road, raising more concerns of the safety of foreigners there.

    published: 09 May 2013
developed with YouTube
Uganda's struggling traders rethink business strategies for 2017

Uganda's struggling traders rethink business strategies for 2017

  • Order:
  • Duration: 2:40
  • Updated: 04 Jan 2017
  • views: 862
videos
2016 was a difficult year to do business in Uganda -- that's according to local traders in the capital, Kampala. Several companies have shut up shop and those who've managed to stay open say they're seeing little profit. As the New Year sets in, traders are rethinking business strategies for 2017. Michael Baleke reports
https://wn.com/Uganda's_Struggling_Traders_Rethink_Business_Strategies_For_2017
Ugandan traders push for one currency in East Africa

Ugandan traders push for one currency in East Africa

  • Order:
  • Duration: 1:26
  • Updated: 09 Aug 2016
  • views: 837
videos
Plans by central banks in East Africa to promote the use of local currencies in regional trade have hit a snag. In Uganda, traders say ditching the highly favored US dollar will not be practical. The central banks had backed the proposal to cushion traders against losses incurred by forex changes. But as CCTV's Michael Baleke reports, their proposal hasn't gone down well.
https://wn.com/Ugandan_Traders_Push_For_One_Currency_In_East_Africa
Kampala traders protest against Chinese

Kampala traders protest against Chinese

  • Order:
  • Duration: 3:52
  • Updated: 19 Apr 2017
  • views: 3505
videos
Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Like our Facebook page http://www.facebook.com/NTVUganda
https://wn.com/Kampala_Traders_Protest_Against_Chinese
Parliament wants Chinese banned from engaging in retail trade

Parliament wants Chinese banned from engaging in retail trade

  • Order:
  • Duration: 2:00
  • Updated: 30 Nov 2016
  • views: 950
videos
Parliament’s trade and Investment committee has recommended the removal of Chinese retail traders from Kikubo trading centre in downtown Kampala. According to the committee most of the Chinese are involved in petty trade and not the investments they applied for when they came in to the country. The recommendations regulating the areas the Chinese traders can operate in are contained in a report to be presented to Parliament this week. Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Like our Facebook page http://www.facebook.com/NTVUganda
https://wn.com/Parliament_Wants_Chinese_Banned_From_Engaging_In_Retail_Trade
Uganda Exports Board Tips Traders

Uganda Exports Board Tips Traders

  • Order:
  • Duration: 2:35
  • Updated: 16 Aug 2016
  • views: 344
videos
Uganda Exports’ dismal performance continue to offer sleepless nights to Uganda Export Promotion Board, something that is has forced the board to craft ideas for a major breakdown. Elly Twineyo, the executive director of Uganda Exports promotion Board, says Uganda’s exports are performing below expectations and part of this is a result of Ugandans not appreciating the importance of exports. Twineyo believes that lack of information on the available markets especially for agriculture products and being stuck in subsistence farming is curtailing the exports sector.
https://wn.com/Uganda_Exports_Board_Tips_Traders
A Section of Traders Support Age Limit Removal

A Section of Traders Support Age Limit Removal

  • Order:
  • Duration: 1:48
  • Updated: 12 Sep 2017
  • views: 162
videos
A cross section of vendors, taxi drivers and traders in Kampala city have today marched to Uganda’s parliament in a solidarity with the pro- legislators that are pushing for the amendment of 26 that installs an age cap on presidential candidates. The group which started procession from downtown carried placards, banners with inscriptions urging president Museveni – who will be making 35 years at the helm of power by 2021 to contest again.
https://wn.com/A_Section_Of_Traders_Support_Age_Limit_Removal
Corn Prices Worry Grain Traders

Corn Prices Worry Grain Traders

  • Order:
  • Duration: 1:25
  • Updated: 22 Nov 2016
  • views: 420
videos
Grain dealers in Mbale district are calling upon government to come up with strict regulations on food exportation to avoid food shortages in the country especially during poor harvest. Local grain dealers are now blaming the food shortage on foreign traders who take the advantage of their strong currencies against the Uganda shilling. This has led to a shortage in the supply of corn flour and drastic increase in the price. This has left
https://wn.com/Corn_Prices_Worry_Grain_Traders
#PMLive: TILES TRADERS STRIKE- Protesting Chinese selling same products at cheaper prices

#PMLive: TILES TRADERS STRIKE- Protesting Chinese selling same products at cheaper prices

  • Order:
  • Duration: 2:09
  • Updated: 19 Apr 2017
  • views: 223
videos
Nakasero traders selling tiles and other building materials have this morning gone on strike and closed their shops. They are protesting Chinese here who sell the same products at cheaper prices. They argue they pay a lot of rent and are taxed yet they have fewer customers compared to the Chinese. They demand for government’s intervene. Holding placards, the traders marched through down town kampala
https://wn.com/Pmlive_Tiles_Traders_Strike_Protesting_Chinese_Selling_Same_Products_At_Cheaper_Prices
Latest Update from Nateete Market Traders' Strike

Latest Update from Nateete Market Traders' Strike

  • Order:
  • Duration: 16:43
  • Updated: 28 Aug 2017
  • views: 598
videos
Traders forced out of Nateete Market, protest lease.
https://wn.com/Latest_Update_From_Nateete_Market_Traders'_Strike
Uganda agrees to settle debt owed to its traders

Uganda agrees to settle debt owed to its traders

  • Order:
  • Duration: 1:59
  • Updated: 23 Sep 2016
  • views: 160
videos
The Ugandan government has agreed to settle an outstanding debt owed to Ugandan traders who supplied goods and services to South Sudan. The traders were not paid their dues after an outbreak of war in the country. The decision follows a meeting earlier this year between Uganda's President, Yoweri Museveni and South Sudan's leader, Salva Kiir, aimed at establishing a strategy for the repatriation of proceeds from Ugandan companies. Michael Baleke tells us more.
https://wn.com/Uganda_Agrees_To_Settle_Debt_Owed_To_Its_Traders
MPs tour downtown Kampala, raise concerns over proliferation of Chinese traders

MPs tour downtown Kampala, raise concerns over proliferation of Chinese traders

  • Order:
  • Duration: 2:36
  • Updated: 05 Sep 2016
  • views: 941
videos
The parliamentary Trade committee this morning moved into downtown kampala, on what they termed a fact finding mission to get rid of foreign businesspeople disguised in Petty trade. The law makers are now promising to initiate reforms within the legal framework, that must cushion local business owners, already fighting a tight and complex trade environment. This amid widespread public outcry over Asians who are actively involved in ordinary trade shaking off many indigenous entrepreneurs across the country. Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Like our Facebook page http://www.facebook.com/NTVUganda
https://wn.com/Mps_Tour_Downtown_Kampala,_Raise_Concerns_Over_Proliferation_Of_Chinese_Traders
Traders Express Mistrust in URA

Traders Express Mistrust in URA

  • Order:
  • Duration: 2:51
  • Updated: 25 May 2017
  • views: 498
videos
The Uganda Revenue Authority has come clean over allegations advanced by downtown traders that the authority is more interested in the money than the survival of their business. The URA team camped in Kikubo for about 3 hours trying to sensitise to traders, both retailers and wholesalers on the need to pay taxes.
https://wn.com/Traders_Express_Mistrust_In_Ura
Uganda's traders who use the Kenya Mombasa port are happy that Kenyan election ended peacefully

Uganda's traders who use the Kenya Mombasa port are happy that Kenyan election ended peacefully

  • Order:
  • Duration: 2:30
  • Updated: 11 Mar 2013
  • views: 520
videos
Uganda's importers and exporters who use the Kenya Mombasa port are happy that Kenyan election ended in harmony with no events of violence. Through their umbrella Kampala city traders association, traders now want their members to fast track their goods and clear them from the Mombasa port as soon as possible and stock Ugandan markets. As kennes Bwire reports, traders want the incoming Kenyan government to settle their compensation of 400 million dollars as agreed after losing their commodities in 2007 post election violence.
https://wn.com/Uganda's_Traders_Who_Use_The_Kenya_Mombasa_Port_Are_Happy_That_Kenyan_Election_Ended_Peacefully
UGANDA TRADERS IN SOUTH SUDAN:BY KABBALE IVAN ELVIS

UGANDA TRADERS IN SOUTH SUDAN:BY KABBALE IVAN ELVIS

  • Order:
  • Duration: 3:38
  • Updated: 30 Mar 2014
  • views: 28
videos
TRADERS THREATEN TO CLOSE BOARDERS TO BLOCK TRADE BETWEEN UGANDA AND SOUTH SUDAN FOR LONG STANDING DEBT OF APPROXIMATELY 60 MILLION US DOLLARS.
https://wn.com/Uganda_Traders_In_South_Sudan_By_Kabbale_Ivan_Elvis
Ugandan traders conned in Mombasa, seek government assistance

Ugandan traders conned in Mombasa, seek government assistance

  • Order:
  • Duration: 4:33
  • Updated: 16 Nov 2016
  • views: 2451
videos
A group of Ugandan traders are seeking redress from government after they allegedly lost thousands of dollars to people they claim worked for Kenya Ports Authority in the Port of Mombasa. The traders claim this happened while they had gone to clear their goods out of Mombasa port and the extortion that took place included Kenyan police. Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Like our Facebook page http://www.facebook.com/NTVUganda
https://wn.com/Ugandan_Traders_Conned_In_Mombasa,_Seek_Government_Assistance
South Sudan Traders Cry Foul

South Sudan Traders Cry Foul

  • Order:
  • Duration: 1:58
  • Updated: 10 Aug 2017
  • views: 216
videos
The hope of Ugandan traders, who lost billions of shillings in the South Sudan war to be compensated, now lies in the hands of a joint verification committee. The committee which is composed of officials from the Ministry of Trade, Finance and foreign Affairs and selected traders, starts work on Thursday next week.
https://wn.com/South_Sudan_Traders_Cry_Foul
UGANDAN TRADERS NOT HAPPY WITH SOUTH SUDAN TRADERS

UGANDAN TRADERS NOT HAPPY WITH SOUTH SUDAN TRADERS

  • Order:
  • Duration: 2:32
  • Updated: 23 Aug 2011
  • views: 726
videos
https://wn.com/Ugandan_Traders_Not_Happy_With_South_Sudan_Traders
Uganda traders threaten strive over S. Sudan "debt"

Uganda traders threaten strive over S. Sudan "debt"

  • Order:
  • Duration: 2:55
  • Updated: 06 May 2014
  • views: 435
videos
Ugandan traders owed by the government of South Sudan cry foul after waiting for payments from the conflict-stricken country in vain. The traders maintain that nothing concrete is yet to come out of the promises made to them over 50 million dollars worth of goods and services they supplied to Africa's newest state. For more news visit http://www.ntvuganda.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Like our FaceBook page http://www.facebook.com/NTVUganda
https://wn.com/Uganda_Traders_Threaten_Strive_Over_S._Sudan_Debt
Kenyan traders lament ban on Uganda poultry products

Kenyan traders lament ban on Uganda poultry products

  • Order:
  • Duration: 1:48
  • Updated: 01 Mar 2017
  • views: 286
videos
Traders in eggs business have run out of stock following a ban of poultry products from Uganda. This has led to the rise in egg prices due to supply shortfalls. According to traders and farmers, poultry products like eggs are usually imported from Uganda  due  to the low market price which is associated to the cheap feeds available across the boarder.
https://wn.com/Kenyan_Traders_Lament_Ban_On_Uganda_Poultry_Products
Freeze South Sudan Accounts In Bank of Uganda -Traders Demand

Freeze South Sudan Accounts In Bank of Uganda -Traders Demand

  • Order:
  • Duration: 2:18
  • Updated: 12 Aug 2016
  • views: 468
videos
Ugandan traders Uganda are calling upon government to freeze the South Sudan government accounts, reportedly in Bank of Uganda. Kampala City Traders Association-Uganda Spokesperson Issa Ssekito says Uganda must take tough measures or else, traders who supplied goods to South Sudan will continue losing their properties.
https://wn.com/Freeze_South_Sudan_Accounts_In_Bank_Of_Uganda_Traders_Demand
Foreign exchange traders suffer from slow economy and falling demand

Foreign exchange traders suffer from slow economy and falling demand

  • Order:
  • Duration: 2:30
  • Updated: 26 Jul 2017
  • views: 597
videos
Business in the foreign exchange market has dipped further by more than half, with sector sources suggesting daily transactions now at average of $4M (Shs14.4B) down from approximately $10M (Shs36B) 18 months ago. The forex bureaux are blaming a huge reduction in foreign direct inflows, slow down in regional trade, as well as dwindling demand for international import requirements as some of the reasons for reduction in business. Slower business activities apart, the shut down of some bureaux including Crane forex bureau, is not helping the conditions in the market either, where money traders are reporting nearly 65% reduction in profit margin across traded unit currencies combined. Uganda’s nearly 270 registered forex bureaux are now having to deal with the running effects of wobbling inflows, demand and supply from regional markets as lower import requirements. A cross section of money exchange points within the city, report that the general dip in business transactions has set their margins down by 65% over the past year alone. Money transfer agencies on the other hand, are reporting that their own structured mode of doing business is equally under threat. Bank of Uganda has since revoked the license of more than 5 bureaux including the the former Crane forex bureau, partly due to what sources claim was flagrant violation of reporting conventions, including to the financial intelligence authority. Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Like our Facebook page http://www.facebook.com/NTVUganda
https://wn.com/Foreign_Exchange_Traders_Suffer_From_Slow_Economy_And_Falling_Demand
Uganda Traders Count Loses in S. Sudan

Uganda Traders Count Loses in S. Sudan

  • Order:
  • Duration: 2:17
  • Updated: 10 Apr 2014
  • views: 260
videos
Doing business in politically unstable countries can be pretty risky, as some Ugandans doing business in South Sudan have found out since December 2013. They say they are still waiting for the government of South Sudan to pay some $ 41 M dollars owed for grain bought between 2008 and 2010. The grain sellers say an assortment of maize and sorghum worth $ 56 M dollars was bought but only $ 15 M dollars of that, has been paid for. Ugandan Government officials say they are working with their counterparts in South Sudan to ensure the debt is cleared.
https://wn.com/Uganda_Traders_Count_Loses_In_S._Sudan
Uganda Financial Woes: Traders say they cannot access credit facilities

Uganda Financial Woes: Traders say they cannot access credit facilities

  • Order:
  • Duration: 4:12
  • Updated: 06 Jan 2017
  • views: 300
videos
The central bank has issued a directive stopping Crane Bank from issuing letters of credit, bank guarantees, bid bonds as well as place restrictions on new loans.The directive comes after the Bank of Uganda identified that there was a continued and significant erosion of capital. The apex bank took over the management of Crane Bank after reports that it was significantly undercapitalised and could become a risk to the overall banking system. These "special" arrangements with customers are reported to have contributed to the rise in Crane Bank's non-performing loans, which were valued at 142 billion Uganda shillings, just about 40 million dollars, by the end of December 2015. Bank of Uganda's decision to place restrictions on lending was reportedly meant to prevent the situation from escalating but customers now feel that access to capital has been restricted.
https://wn.com/Uganda_Financial_Woes_Traders_Say_They_Cannot_Access_Credit_Facilities
Fresh S.Sudan attacks on Uganda Traders reported

Fresh S.Sudan attacks on Uganda Traders reported

  • Order:
  • Duration: 3:06
  • Updated: 09 May 2013
  • views: 1232
videos
http://ntvuganda.co.ug/ The Inspector general of police has assured Ugandans trading within South Sudan that with a force put in place to protect them, they need not to worry about their safety. Lt Gen. Kale Kayihura also says that not all that are killed are Ugandans, adding that those responsible could be bandits or rogue SPLA elements. Following the death of two Ugandan truck drivers late last month in South Sudan, one other national is said to have been injured along the Nimule road, raising more concerns of the safety of foreigners there.
https://wn.com/Fresh_S.Sudan_Attacks_On_Uganda_Traders_Reported