National
South Sudan war: Uganda loses Sh2.2 trillion
Publish Date: Jan 09, 2014
South Sudan war: Uganda loses Sh2.2 trillion
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
  • mail
  • img
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
14 killed in DR Congo machete attack
THE incursion by the Ugandan rebel group ADF took place overnight in the town of Kampi ya Chui....
Businessman sues UNRA over Entebbe Expressway
A businessman has dragged UNRA to court seeking sh5b in damages for loss of business and the inconvenience over the construction of the Entebbe Expressway....
US Commander of Africa Forces visits
President Yoweri Museveni has said that the main challenge in Somalia today was clan-related issues. The President made the remarks at State House Entebbe in a meeting with the United States of America Commander of Africa Forces, General David Rodriguez....
Museveni hails Uganda-North Korea ties
President Yoweri Museveni describes the North Koreans as friends who have helped Uganda for a long time on visit of one of its leaders....
Slain Unilever boss mourned
Speaker after speaker described Makanga as a smart, classy, humble, respectful, joyful, hardworking man at his funeral in Kampala....
Muntu warns Mafabi, Nabila over media exchanges
ACCORDING to John Kikonyogo, the party spokesperson, Muntu said discussing the issues in the media was affecting the image of the party...
Should the absence of bride price prevent couples from wedding?
Yes
No
Can't Say
follow us
subscribe to our news letter