Uganda’s export revenues dip on high informal trade

Lwakhakha trading centre in Bungoma County, on the Kenya-Uganda border, known as a hotspot for goods smuggling.

Photo credit: File | Nation Media Group

Uganda’s exports to East African Community (EAC) markets have declined by Ush820.5 billion ($228.19 million), blamed on a host of challenges confronting business owners in the past one year.

These challenges, including non-tariff barriers, are pushing traders into informal channels as they seek to dodge red tape.