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
Doctor calls for promotion of safe abortion
Every year, about 1,500 girls in Uganda die from complications resulting from unsafe abortion contributing to the slow progress in reducing the over 16 women who die every day...
Mulago to spend sh1.8bn on meals
UGANDA’S national referral health facility Mulago has made adjustments to the meals it serves its in-patients, with a special diet introduced...
God will punish the corrupt, says Bishop
THE Bishop of Madi diocese, Dr. Joel Obetia, has told the corrupt to beware of punishment from God for using the country’s resources to enrich themselves at the expense of poor Ugandans...
UN summit rallies global action on climate change
Some 125 world leaders are expected to commit to action on climate change at a UN summit Tuesday called to inject momentum in struggling efforts to tackle global warming....
Tinyefuza’s father hospitalized
THE father to exiled former intelligence chief Gen David Sejusa, aka Tinyefuza, Simon Peter Rwajojo, has been hospitalized at Uganda Heart Institute (UHI) –Mulago after experiencing health complications...
Court rejects petition against VP Ssekandi
THE Constitutional Court has rejected a petition that sought to have vice president Edward Ssekandi removed from office over allegations by his political rival Jude Mbabali...
Should bride price be made optional?
Yes
No
Can't Say
follow us
subscribe to our news letter