Ugandan traders spend more on transportPublish Date: Feb 21, 2013

Ugandan traders spend more on transportPublish Date: Feb 21, 2013
Container imports to Kampala are on average $ 2,500 (sh6.6m) per 20ft container for road transport, compared to $ 1,920 (sh5.1m) for rail according to the World Bank. … Uganda's railway system is being run a South African concession, the Rift Valley …
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Rand retreats against resurgent dollar
Johannesburg – South Africa's rand softened against the dollar on Thursday, with scope for further losses after hawkish comments from the US Federal Reserve boosted the greenback across the board. The rand initially weakened to 8.9289 against the …
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Development bank expands BRICS platform
The governments of Brazil, Russia, India, China and South Africa will each make an initial capital injection of $ 10 billion to fund the bank, which will not only symbolize the unity of the world's five most dynamic economies and showcase the rise of …
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