Monday, May 17, 2010

Ugandan Textile sector shifts to Regional Markets.

According to the East African Business Week, The Uganda Textile Sector is now shifting it's attention to the Regional Markets other than relying on the US Markets alone. Apparently the Whole AGOA thing  is not working out as it was meant to be. The decision was made after an AGOA meeting in Nairobi last year where a number of African Countries thought it best to focus on Regional markets now.
Uganda is now offering a number incentives to promote the Textile sector including a ten year corporate tax holiday.

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