Months of trade wars slash imports from Uganda 34pc

betty-maina1

Industrialisation, Trade and Enterprise Development CS Betty Maina during SMEs Conference. PHOTO | SILA KIPLAGAT | NMG

The value of imports from Uganda dropped 34 percent in eight months to August as trade wars between the two countries took a toll on the flow of goods.

Trade data from Central Bank indicates that the imports from Kenya’s landlocked neighbour dropped from a record high of Sh3.2 billion in February to Sh2.09 billion in the review period, hitting a seven- month low.

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Note: The results are not exact but very close to the actual.