{"id":2106,"date":"2021-01-13T17:53:52","date_gmt":"2021-01-13T17:53:52","guid":{"rendered":"https:\/\/www.africa-press.com\/uganda\/?p=2106"},"modified":"2021-01-13T17:28:08","modified_gmt":"2021-01-13T17:28:08","slug":"ugandas-export-receipts-to-kenya-rise-to-shs175b-bou","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/uganda\/all-news\/ugandas-export-receipts-to-kenya-rise-to-shs175b-bou","title":{"rendered":"Uganda\u2019s export receipts to Kenya rise to Shs175b – BoU"},"content":{"rendered":"

Africa-Press<\/a> – Uganda<\/a>. <\/strong><\/span>In a statement released in early December, manufacturers, also expressed frustration over government\u2019s \u201cinability\u201d to resolve the unfair trade practices subjected to Uganda by Kenya in disregard to the EAC common market commitments\u201d, noting the statement was a culmination of untold frustration by government in the pursuit of equity from EAC partner states.<\/p>\n

Uganda\u2019s exports to her biggest neighbouring market Kenya are showing signs of recovery after months on slugging. The never ending trade wars between the two countries negatively impacted on export receipts which have been declining for more than a year and half.<\/p>\n

However, the last three monthly reports from Bank of Uganda show signs of recovery, with the latest released figures for November last year, indicating a 9 per cent increase in Uganda\u2019s exports receipts to Kenya.The report shows: \u201cIn November, Uganda\u2019s export receipts to Kenya climbed to $57.5m (Shs194b), up from $47.4m (Shs175b) earned the previous month of October.\u201d<\/p>\n

This was higher than the $42.1m (Shs155b) realised in September.Some goods which Uganda exports to Kenya include agricultural products such as maize, milk, sugar, fruits, eggs, beans and other manufactured goods in the fast moving consumables.These goods, according to Kenya, have created a stiff competition with the locally produced products because of their low prices.<\/p>\n

Trade war<\/b><\/p>\n

In trying to regain their market, Kenya waged a trade war which saw several exports from Uganda blocked.This prompted manufacturers through their umbrella organisation \u2013 Uganda Manufacturers\u2019Association (UMA) – petition government at the end of last year.<\/p>\n

In a statement released in early December, manufacturers, also expressed frustration over government\u2019s \u201cinability\u201d to resolve the unfair trade practices subjected to Uganda by Kenya in disregard to the EAC common market commitments\u201d, noting the statement was a culmination of untold frustration by government in the pursuit of equity from EAC partner states. Mr Daniel Birungi, the UMA executive director, said it was unfair that Uganda continues to play second fiddle and acts as a \u201csupermarket\u201d for other countries yet its products are blocked from entering the same countries that benefit from its market.<\/p>\n

editorial@ug.nationmedia.com<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Uganda. In a statement released in early December, manufacturers, also expressed frustration over government\u2019s \u201cinability\u201d to resolve the unfair trade practices subjected to Uganda by Kenya in disregard to the EAC common market commitments\u201d, noting the statement was a culmination of untold frustration by government in the pursuit of equity from EAC partner […]<\/p>\n","protected":false},"author":84,"featured_media":2105,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[233,240,234],"class_list":["post-2106","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-uganda","tag-uganda"],"yoast_head":"\nUganda\u2019s export receipts to Kenya rise to Shs175b - BoU - Uganda<\/title>\n<meta name=\"description\" content=\"In a statement released in early December, manufacturers, also expressed frustration over government\u2019s \u201cinability\u201d to re ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/uganda\/all-news\/ugandas-export-receipts-to-kenya-rise-to-shs175b-bou\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Uganda\u2019s export receipts to Kenya rise to Shs175b - 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