Kenya-Uganda Work To Break Down Business Barriers
Headlines Africa
Welcome
Login / Register

Kenya-Uganda Work To Break Down Business Barriers

Thanks! Share it with your friends!

URL

You disliked this video. Thanks for the feedback!

Sorry, only registred users can create playlists.
URL


Added by Headlines Africa in Kenya Uganda
230 Views

Description

Kenya and Uganda have taken steps to break down some of the barriers preventing business growth between the two nations.At a business forum in Kampala, Kenya agreed to ease the granting of permits for Ugandan traders, exporting the nation's surplus sugar to the Kenyan market. In return, Uganda has pledged to allow Kenyan beef access to its local market. Currently the trade balance is heavily tilted in Kenya's favour...with Kenyan exports to Uganda worth more than $590 million in 2014. Kenya has more than 350 companies investing in Uganda..with the value of its investment portfolio estimated to be at $800 million. Meanwhile Ugandan exports to Kenya were valued at $168 million in 2014.

Post your comment

Comments

Be the first to comment