Tag Archive for: trade

Nigeria will reopen four border crossing points immediately, more than a year after closing its land frontiers to crack down on smuggling, the government said on Wednesday.

Nigeria closed its land borders last year to curb smuggling of rice and arms, which it says threatens efforts to boost local production and security, and to generate state revenues through import duties.

The government at a cabinet meeting approved the reopening of Seme border to the South West, Illela and Maigatari border in the North West and Mfun in the South. The others will be reopened on December 31.

It kept restrictions on rice import and some other products.

Last month, the government ratified its membership of the African free-trade zone due to be launched in January, after initial reluctance to join the bloc for fear of exposing local industries to dumping by countries outside Africa.

Discussions to reopen Nigeria’s borders closed to the movement of goods have been going on for months. Nigeria has insisted on levying duties on goods transiting its country through neighbouring nations to curb smuggling.

 

For information as to how Relocation Africa can help you with your Mobility, Immigration, Research, Remuneration, and Expat Tax needs, email info@relocationafrica.com, or call us on +27 21 763 4240.

Sources: [1], [2]. Image sources: [1], [2].

The Trump administration is changing a key exemption to America’s trade laws to make it easier to penalize about two dozen developing countries including China, India and South Africa. The announcement means that South Africa has effectively been removed from a list of nations that can receive preferential trade benefits and is now likely to attract higher import duties and levies to the US market.

It may also see the manufacturing sector losing billions of rand in revenue. Speaking to IOL, the National Association of Automobile Manufacturers of South Africa (Naamsa) said the move was a tragedy for the industry and economy as all preferential treatment was crucial.

“The US has been one of South Africa’s top export destinations and trading partners for the past three decades,” said Naamsa executive manager Norman Lamprecht. “In 2019, a total of 12,437 vehicles were exported to the US along with automotive components to the value of R4.8 billion.”

More changes incoming?

South Africa is also facing another US-related change due to the draft Copyright Amendment and Performers’ Protection Bills. The proposed legislation is a point of significant controversy because it could damage South Africa’s trade relations with the US as it is seen to violate terms of the Generalised System of Preferences (GSP) under the US Trade Act.

The Office of the United States Trade Representative is now holding public hearings in Washington D.C. on South Africa’s eligibility for the GSP program. The country’s eligibility for the GSP program has been called into question as a result of the passing of the Copyright Amendment Bill in parliament last year.

If South Africa loses its GSP eligibility, the country will potentially lose up to R34 billion in export revenue, the Copyright Coalition of South Africa (CCSA) has warned. The office of the United States Trade Representative said in October 2019 that it would review South Africa’s eligibility to participate in its GSP based on a petition it had received. The GSP is the largest and oldest US trade preference program.

It is designed to promote economic development by allowing duty-free entry into the United States for 3,500 products from the 119 designated beneficiary countries and territories. To remain eligible for these advantages, beneficiary countries must comply with 15 statutory eligibility criteria that are important to US interests, including taking steps to afford internationally recognized labor rights, providing adequate and effective protection of intellectual property rights, and assuring equitable and reasonable access to its markets.

“Coupled with the threat of losing our Generalized System of Preference (GSP) over the Copyright Amendment Bill and the distinct possibility that the US Congress will not renew the African Growth and Opportunity Act (AGOA), South Africa is heading towards a perfect trade storm with the United States which will cost us billions of rands and thousands of jobs,” said the DA’s Dean Macpherson.

 

For information as to how Relocation Africa can help you with your Mobility, Immigration, Research, Remuneration, and Expat Tax needs, email info@relocationafrica.com, or call us on +27 21 763 4240.

Sources: [1], [2]. Image sources: [1], [2].

The British Chamber of Business in South Africa is a British Chambers of Commerce accredited Chamber, part of the Overseas Business Networks initiative, a key program of the British government that intends to stimulate and strengthen international business networks and UK exports.

The Chamber’s main objective is promoting trade and commercial relations between the South Africa and the United Kingdom. The Chamber collaborates with other business groupings, and fosters strong ties with the British Chambers of Commerce and regional counterparts.

Membership is drawn from a broad spectrum of British, SA, and international businesses with a common interest in developing business in either region.

Benefits of membership include regular Chamber events, as well as other networking events including receptions and product launches. Benefits also involve access to macro-economic reports, security reports, sector insights, seminars, newsletters, and advertising opportunities, as well as briefings by British High Commission, and SA parliamentary reports relevant to members.

Relocation Africa has been a proud member of the British Chamber for over two years, and the insights we gain by maintaining the membership assist us in ensuring that we are up-to-date with what is happening in our industry, and can best satisfy our clients’ needs.

For more information about the Chamber, visit http://www.britcham.co.za, and for more information about membership benefits, click here.

To speak to us about your Mobility, Immigration, Research, and Remuneration needs, send an email to marketing@relocationafrica.com, or call us on +27 21 763 4240.

Full name: Republic of Uganda
Location: Africa
Population: cc. 37 million
Capital City: Kampala
Other Important Cities: Jinja, Gulu, Lira
Currency: 1 Ugandan shilling = 100 cents
Language(s): English, Swahili, Luganda, Bantu, Nilotic
Religion(s): Christianity, Islam
Calling Code: +256
Internet TLD: .ug
Electricity: 220V 50Hz
Emergency Numbers: Fire – 112, Police – 999

Some interesting facts about Uganda:

Uganda is one of the safest, secure and most stable countries to visit in Africa.

Uganda is the size of the State of Oregon but has a population that is almost 10 times larger than Oregon.

Uganda has more Butterflies of every color than other East African Country

Uganda is home to over half of all Mountain Gorillas in the world 480 of them out of 880 –

Uganda is one of the Youngest Nation in World – over half of the population are children


Expat Clubs
Expat in Uganda
To provide friendly and fun environment to expats living in Uganda who want to chat and share information. Expat in Uganda is the place for expats to gain and share knowledge about the country and life in general. Whether you are relocating to Uganda, visiting as a tourist, looking for work or have lived here for a long time or just want to interact with other expats, this is the place to do it.


International Schools

International School of Uganda
ISU is a leader in providing world-class, holistic education in a multi-cultural setting, inspiring and equipping students to be life-long learners, to reach their full potential and to be responsible global citizens active in shaping the future.
Curriculum: International Baccalaureate
Address: Plot 272, P.O Box 4200
Tel: +256 781 468000
Email: sfarmer@isumail.ac.ug
Website: www.isu.ac.ug

Kampala International School Uganda
Kampala International School Uganda offers an international education to students between 2 and 19 years of age. The school was established in 1993. Current enrolment is around 600 and is increasing steadily. Students come from almost 60 different nationalities and, depending on the family’s contracts and nature of their work, stay in Uganda for varying lengths of time. The school is privately owned with an Advisory Board of Governors and the day-to-day running of the school is managed by the Director.
Curriculum: English National Curriculum / Cambridge IGCSE / International Baccalaureate
Address: Plot 447, Block 213, Old Kira Road, Bukoto, Kampala
Tel: +256 752 711 882
Email: office@kisu.com
Website: www.kisu.com

Rainbow International School Uganda
The RISU stands firm on imparting its fundamental and underlying principles of enlightenment, determination, courage and equality in all its modes of teaching to its students. We strive to ensure that these inherent qualities are embedded into each student as we believe in not just developing careers, but lives.
Curriculum: National Curriculum for England
Address: Tyaba Zone, Nanganda-Lukuli, Makindye Division, Kampala
Tel: +256 312 266 696
Email: info@risu.sc.ug
Website: www.rainbowinternationalschool.com


Residents Visa and Work Permit information

All expats intending to work in Uganda must ensure that they are in possession of the relevant work permit. The requirements for the different categories / classes of work permits are listed below:

Business and Trade
Applicants should be persons intending to carry on the business or trade in Uganda. Application Requirements:

  • Fill work permit form
  • Attach Covering letter from company
  • 2 passport size photos
  • Photocopies of the passport
  • Company’s bank statement
  • Uganda Investment Authority license ( where applicable )
  • Articlesand memorandum of association
  • Certificate of incorporation
  • Income tax clearance
  • Trading license
  • Banking of Uganda Certificate of remittance of US $ 100,000
  • Letter of good conduct from home country / interpol in country of origin
  • Security bond

Professionals
Applicants should be members of prescribed professionals intending to practice such profession in Uganda. Applicantion Requirements:

  • Fill work permit form
  • 2 passport size photos
  • Photocopies of passport
  • Attach Covering letter
  • Qualifications
  • Registrstion with the relevant professional agency e.g Association of medical Practitioners
  • Company documents
  • Letter of good conduct from home country or Interpol letter from home country
  • Security bond