• No_Ads
National
South Sudan war: Uganda loses Sh2.2 trillionPublish Date: Jan 09, 2014
South Sudan war: Uganda loses Sh2.2 trillion
  • mail
  • img
People go about their daily life in Minkammen, 25 kilometres (16 miles) south of Bor, on January 8, 2014. An AFP reporter reached the town and said the area was flooded with fleeing civilians and that the rumble of heavy artillery fire could be heard in the distance. AFP PHOTO
newvision

By David Lumu

The paralyzed trade exchange between Uganda and South Sudan has cost Kampala Sh2.2 trillion, Dr. Gabriel Ajedra Aridru, the Minister of State for Investment has said.


Ajedra told New Vision that the effects of the conflict in South Sudan have hit Ugandan trading badly and that if the guns don’t fall silent, the situation might become worse for the business fraternity and Uganda’s trade with Juba.

Speaking to journalists on Thursday at the Uganda Media Center, Ajedra said that the estimated Sh2.2 trillion that Uganda has lost due to the three-week-old conflict in South Sudan could go up if efforts to broker peace between the rebels and President Salva Kiir fail to yield results.

The unrest in South Sudan erupted on December 15 last year with rebels led by former Vice President Riek Machar protesting how Kiir is leading the two-year-old country.

The statements, comments, or opinions expressed through the use of New Vision Online are those of their respective authors, who are solely responsible for them, and do not necessarily represent the views held by the staff and management of New Vision Online.

New Vision Online reserves the right to moderate, publish or delete a post without warning or consultation with the author.Find out why we moderate comments. For any questions please contact digital@newvision.co.ug

  • mail
  • img
blog comments powered by Disqus
Also In This Section
Uganda deploys new force in Somalia
THE force, dubbed the UN Guard Unit, was flagged off by the deputy Chief of Defence Forces, Lt. Gen. Charles Angina, at the peace operations support centre in Singo in Nakaseke...
Doctor at centre of botched abortion granted bail
THE Mulago Mid Memory Clinic doctor, charged in connection with the death of one Mercy Ampairwe and her unborn child appeared before Buganda Road Court chief magistrate Olive Kazaarwe Mukwaya and denied the charges...
Defence hearing of HIV injection nurse begins
NAMUBIRU currently on remand in Luzira Prison was ordered to defend herself by Buganda Road Court magistrate Olive Kazaarwe Mukwaya after she ruled that she had a case to answer...
Gender ministry clarifies on youth fund
THE ministry of gender has refuted allegations made by opposition leaders that sh40b meant for youth projects under the Youth Livelihood Programme (YLP) had been diverted...
Civil society welcomes ID registration
A coalition of over 700 civil society organizations under the Citizens’ Coalition for Electoral Democracy in Uganda has welcomed the ongoing National Identity Cards registration...
A total of 692 Police officers will pass out on Wednesday at the Police Training School, Kabalye in Masindi district....
Is the return of Buganda Properties a sign of good Governance?
Yes
No
Can't Say
follow us
subscribe to our news letter