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Ugandan exports to Rwanda sink to 13-year low as diplomatic row rages on

by Muhereza Kyamutetera 0
Trucks stuck at the Ugandan Rwanda border following Rwanda's decision to close the borders after a political spat between the two countries that is now into its 14th month. Balunywa says that proper integration of the African continent will unlock several opportunities and keep its hard earned forex home.
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Ugandan exports to Rwanda in the first 3 months of 2019 have reduced by 34.31% amidst a diplomatic row that has seen tempers flare, culminating in border closures by Rwanda. According to statistics from Uganda Revenue Authority (URA) and Bank of Uganda (BoU), Uganda in Q1 2019 exported USD34.12m worth of goods, compared to USD51.94m in Q4 2018 and USD60.66m in Q3 2018. There is no clear end

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About the Author

Muhereza Kyamutetera is the Executive Editor of CEO East Africa Magazine. I am a travel enthusiast and the Experiences & Destinations Marketing Manager at EDXTravel. Extremely Ugandaholic. Ask me about #1000Reasons2ExploreUganda and how to Take Your Place In The African Sun.

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