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Many farmers across the country are disillusioned about this year's trade season. They are not sure whether they will in fact have a trade season at all.
East African Community (EAC) Common Market Protocol that paved way for the free movement of goods, labour and capital becomes operational starting July 1, 2010.
Yet another session of the World Trade Organisation's Ministerial Conference on Monday, November 30, will hear appeals to save the crumbling free-trade Doha Round from US and EU farmers' subsidies -- but that boring news hides an exciting fact: Africans can free themselves.
SA's trade balance swung dramatically back into the red in October, recording a deficit of R6,7bn, the biggest shortfall since January.
THE 12th East Africa International Trade Exhibition is all set to open its doors to the business community in the country as from Wednesday.
Coffee farmers in Uganda will find it hard to meet their daily cash flow needs as the country continues earning less from its exports to the international market.
Uganda is likely to be a top - 50 oil producer by 2015 and on course for 100,000-150,000 bpd of oil in five years. However, waxy crude oil will require heated pipeline for transport, reports Reuters.
The Federal Government has taken over its pavilion for the forthcoming World expo 2010 scheduled to take place in Shangai, China, a statement from the Ministry of Commerce and Industry has said.
South Africa has recorded a R6.7 billion trade deficit in October, the South African Revenue Services (SARS) said on Monday.
African countries are ready to conclude the Doha Round on the basis of current proposals, but warn against any attempt to renegotiate them at the seventh ministerial conference of the World Trade Organisation (WTO) that opens in Geneva today. Meanwhile, the Africa Trade Network demands a moratorium on the Doha talks.
Contribution to the preparation of the Declaration of the World Summit on Food Security
Developing members in the World Trade Organization (WTO) called for urgent action to resolve the remaining issues in the Doha Round of trade negotiations so that a shared objective to conclude the round in 2010 could be accomplished.
Botswana is currently doing an audit to make sure that illicit diamonds do not enter the country when its independent diamond market starts operations.
Nigeria delegation to Shanghai, China has taken over the Nigeria Pavilion on behalf of the federal government for the Shanghai Expo 2010 in China.
THE Commonwealth must be used to create business opportunities for its 53 member states, President Yoweri Museveni told the Commonwealth Business Forum on Thursday.
The United Kingdom's Department of International Development (DfID) and the Dutch Foreign Ministry have commissioned a research to explore mechanisms of increasing transparency in minerals trade within the Great Lakes Region, The New Times reports.
UGANDA recorded a trade deficit of $58.4m in September due to a reduction in informal cross-border exports, the central bank data showed last week, reports Sylvia Juuko.
The East African Cement Producers' Association wants the 35 per cent tariff for imported cement products restored to save the sector from collapse.
The global currency trading market is a multi-trillion-dollar business where world currencies are exchanged back and forth on a daily basis.
In yet another clear indication of why MPs should not be entrusted with too much power over economic policies, parliament on Wednesday passed a Bill seeking to reinstate price controls in certain segments of the economy.
Ahead of the Tobaski feast, farmers in the North Bank Region and Central River Region are selling their groundnuts to middle men at D5 per kilo, in preparation for the coming Tobaski feast. This works out to D5000 per tonne compared to the producer price of D8500 per tonne in the last trade season.
THE election of the current EU trade commissioner, Baroness Catherine Ashton, to EU head of foreign policy last Thursday will not change talks and the eventual signing of Economic Partnership Agreements (EPAs) with developing countries, including Namibia, a local diplomat has said.
EXPERTS in global distributive trade, yesterday, urged President Umaru Yar'Adua to open up more port facilities around the country to rapidly boost the national economy.
Nigeria Customs, Cross River and Akwa Ibom States command, and Calabar Free Trade Zone have realised about N288million for the month of November 2009.
The official organizers of the ongoing Kano International Trade Fair have blamed the low buyer turnout at this year's trade fair on the prevailing economic meltdown and the Sallah celebration.
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