Serrari Group

Ugandan President Yoweri Museveni’s recent announcement regarding taxation policies has ignited a trade dispute with Kenya. Museveni defended Uganda’s decision to increase taxes on agricultural imports from Kenya, emphasizing its strategic importance in bolstering Uganda’s economy.

Under Uganda’s revised tax policy, consumer goods face increased taxation while essentials for production and industrialization remain exempt. Museveni clarified that items such as pharmaceuticals, machinery, and raw materials crucial for manufacturing or development projects would continue to be tax-free.

Kenyan President William Ruto expressed concern over Uganda’s taxation measures, engaging in discussions with Museveni to address the escalating trade tensions. However, Museveni reiterated Uganda’s commitment to fostering an independent and self-sufficient economy through deliberate taxation policies.

The impact of Uganda’s stance is significant for Kenya, a major trading partner within the East African Community (EAC). Consumer goods, including animal and vegetable fats, oils, and cleavage products, constitute a substantial portion of Kenya’s exports to Uganda.

Uganda’s recent imposition of additional taxes, such as the levy on Irish potatoes, has further strained trade relations between the two nations. The Uganda Revenue Authority (URA) justified this action, citing historical undervaluation of the product.

As both countries navigate the complexities of trade relations, efforts are underway to find diplomatic solutions and mitigate the adverse effects on bilateral trade. The commitment to regional integration and economic cooperation within the EAC remains a priority amidst the current trade standoff.

photo source: Google

By: Montel Kamau

Serrari Financial Analyst

9th May, 2024

Share this article:
Article and News Disclaimer

The information provided on is for general informational purposes only. While we strive to keep the information up to date and accurate, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk. is not responsible for any errors or omissions, or for the results obtained from the use of this information. All information on the website is provided on an "as-is" basis, with no guarantee of completeness, accuracy, timeliness, or of the results obtained from the use of this information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.

In no event will be liable to you or anyone else for any decision made or action taken in reliance on the information provided on the website or for any consequential, special, or similar damages, even if advised of the possibility of such damages.

The articles, news, and information presented on reflect the opinions of the respective authors and contributors and do not necessarily represent the views of the website or its management. Any views or opinions expressed are solely those of the individual authors and do not represent the website's views or opinions as a whole.

The content on may include links to external websites, which are provided for convenience and informational purposes only. We have no control over the nature, content, and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorsement of the views expressed within them.

Every effort is made to keep the website up and running smoothly. However, takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.

Please note that laws, regulations, and information can change rapidly, and we advise you to conduct further research and seek professional advice when necessary.

By using, you agree to this disclaimer and its terms. If you do not agree with this disclaimer, please do not use the website., reserves the right to update, modify, or remove any part of this disclaimer without prior notice. It is your responsibility to review this disclaimer periodically for changes.

Serrari Group 2023