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
Burundi rivals hold talks to ease pre-vote tensions
Burundi''s ruling party has said it is "ready for compromise" with the opposition to ensure peaceful elections, as warnings mount of the risk of violence in the upcoming key polls....
Kaye’s ruling set for next week
The General Court Martial is expected to deliver a ruling in a case in which, Lt. Col. John Kaye, is accused of murder and conduct prejudicial to good order and discipline on February 5....
Court warns Sejusa aides’ lawyers
The General Court Martial has warned lawyers defending Gen. David Sejusa’s aides and associates against “stalling” the trial of their clients on speculation that President Yoweri Museveni is about to order for their unconditional release....
No compensation for  forest encroachers - Munaaba
People who settled in forest reserves should not expect compensation from government, State minister for environment Flavia Munaaba has said....
Uganda gives M23 rebels deadline to leave
UGANDA has issued a three-month ultimatum to Democratic Republic of Congo to relocate hundreds of ex-rebel fighters or they will be handed to the United Nations...
Another police recruit dies after sprint test
A 25 year old youth identified as Nicholas Ngombya has died at Masaka Regional Referral Hospital after he collapsed during the sprint test for police recruitment exercise...
Do you agree with the new tax on private schools?
Yes
No
Can't Say
follow us
subscribe to our news letter