PACEID Breaking Down Trade Barriers to Accelerate Exports
World Business Journal talks to Odrek Rwabwogo, Chairperson of the Presidential Advisory Committee on Exports and Industrial Development (PACEID), about the mission to expand trade partnerships and exports for 13 key products,...
Interest in Golden Visa Programs Increases for Greece, New Zealand, and Portugal
The Golden Visa program, which was introduced by several countries in the last two decades, has attracted a lot of attention in the last few years. The Golden...
A Record High for Foreign Investments in Africa Was Reached in 2024
In 2024, foreign direct investment in Africa grew significantly, reaching a record $97 billion. Compared to the previous year, this is an increase of 75%.
According to the United...
Donald Trump Approves the $14.9 Billion Purchase of U.S. Steel by Nippon Steel
After U.S. Steel and Nippon Steel signed a national security agreement with the U.S. Government, President Donald Trump issued an executive order approving the merger of the...
URSB Streamlines Business Registration Process
World Business Journal talks to Mercy K. Kainobwisho, the Registrar General of URSB, about how digitization has reduced the time taken for business registration from 14 days to just 4 to 6 hours, along with...
China Will Remove All Tariffs on African Exports
Following the China-Africa co-operation meeting, a new move was announced. China is Africa’s largest trading partner, and it has declared that it will remove the tariffs it charges on imports from 53...
'Crypto Card' Initiative Was Revealed by the National Bank of Kazakhstan
The National Bank of Kazakhstan revealed that it will implement crypto cards soon as one of its digital assets’ integration projects.
This retail payments initiative is only one of the...
Türkiye Offers New Incentives for Regional Industry Development
Türkiye works hard to develop its regional industry. Not long ago, the country came out with an investment plan to promote industrial growth. This new incentive scheme would take the production capacity...
URA deploying tech to expand tax base
World Business Journal talks to John Musinguzi Rujoki, Commissioner General, Uganda Revenue Authority (URA), about the country’s tax regime, initiatives aimed at enhancing both domestic and cross-border tax compliance, and the impact of...
Namibia and Botswana Join Forces for Joint Oil Refinery to Move Towards Energy Independence
A new change will occur in the Southern African energy landscape. Namibia and Botswana decided to join an energy collaboration and make history.
The two are willing...