Fine Spinners plan to sell T-shirts at US$3 on the local market Kampala, Uganda | ISAAC KHISA| It is Oct. 17, eighteen representatives of importers from Germany are touring Fine Spinner’s garment factory in Bugolobi, a Kampala suburb filming various activities and to ascertain the company’s production processes and capacity. Later, …
Read More »MUSEVENI: Skills will help girls fight poverty, unemployment
“Fight poverty, unemployment” say President as he graduates skilled girls Kampala, Uganda | PPU | 661 female pioneers of the Presidential Initiative on the Skilling of the Girl Programme that is tailored to fight against poverty and unemployment among the girl child group in the country, have today graduated …
Read More »Kagame honoured for great tourism
Kigali, Rwanda | THE INDEPENDENT | Rwanda President Paul Kagame is to be honored with The World Tourism Award 2017 for Visionary Leadership. He will be awarded the honour on Nov. 06 on the opening day of World Travel Market London, at the Excel Center in London. This year, the …
Read More »Nakumatt wins accolade
Regional retailer stable in Kigali despite group turbulence Kigali, Rwanda | THE INDEPENDENT | When the Rwanda Revenue Authority (RRA) recently announced Nakumatt Rwanda as the winner of its Best Taxpayer Award of 2016, watchers in other markets where the regional retailer has a footprint took notice. Many of them, …
Read More »Maize glut hits Uganda
Maize prices drop by 70% as exports to Kenya reduce due to political uncertainties Kampala, Uganda | JULIUS BUSINGE | Uganda’s farmers could battle to sell some of their surplus maize as major customers who mainly export to Kenya cut back on their purchases citing political uncertainties in the latter …
Read More »Secrets of Karamoja minerals
Fake investors and effects of government delaying survey of mineral-rich region Kampala, Uganda | RONALD MUSOKE | Big money is coming into Uganda from mining activity in various parts of the country and more could come in, especially if Karamoja which is considered “the basket of Uganda’s minerals” is surveyed. …
Read More »Uganda’s surging coffee exports
The country exported highest coffee volumes in 20 years in 2016/17 season Kampala, Uganda | ISAAC KHISA | Uganda’s coffee industry seems to be recovering from low export volumes in the previous years as the newly planted crops start production amidst declining prices on the international market. Latest data from …
Read More »ECONOMY: Which way Uganda?
Taking stock of Uganda’s economy 55 years after independence Kampala, Uganda | COMMENT | SARAH LOGAN| October 9 marked 55 years since Uganda’s independence in 1962. The country’s economy has seen many changes during this time, affected by periods of political instability, civil war, fluctuating global commodity prices, and various …
Read More »Business leaders bow to Xi as Communist Party pushes in
Beijing, China | AFP | Chinese billionaires are boasting about their Marxist bonafides. The Communist Party is tightening its grip on state-owned companies. And foreign companies are being asked to invite party cells into their offices. Under President Xi Jinping, the country’s ruling party is muscling back into business, expanding …
Read More »S.Africa economy in dire straits as political stakes rise
Johannesburg, South Africa | AFP | South Africa’s finance minister received some faint praise last week — not for the economy’s performance, but for admitting the country is in a dire position that is set to get worse. Malusi Gigaba delivered a mid-term budget that laid bare South Africa’s …
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