It plans to increase the number to five in the next 4-5 years Kampala, Uganda | JULIUS BUSINGE | Carrefour, owned and operated by Majid Al Futtaim has opened a second store in Uganda at Naalya, along the Northern Bypass, some 11kilometres out of Kampala city centre. Spanning over 2,050 …
Read More »BUBU initiative gathers steam amid criticism
Amelia Kyambadde, the Minister for Trade, Industry and Cooperatives, has made no secret of her ‘Buy Uganda Build Uganda’ initiative. Kampala, Uganda | ISAAC KHISA | She took another step on March 07 to promote the country’s manufactured products with the launch of a three-day first expo and online portal …
Read More »MUSEVENI: Uganda aiming for trade surplus worldwide
Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has said government is focused on achieving a global trade surplus. Uganda’s trade deficit currently stands at $2.9 billion, but has got surplus with their east African neigbours. Museveni said that since Uganda is exporting more to the region than it imports, …
Read More »Local transformer manufacturers to benefit from BUBU
Kampala, Uganda | GODFREY SSALI | Government has taken a decision to prioritize local manufacturers of transformers in government procurement processes as one of the moves to promote Buy Uganda Build Uganda. This was agreed on during a meeting convened by the Ministry of Trade with local companies that manufacture transformers, …
Read More »COMMENT: Promoting local industries
After reversing the deplorable state of the economy, the government needs to support local businesses COMMENT | Martin F. Kyeyune | Manufacturing existed in Africa before the colonial rule. Africa made a wide range of essential goods it consumed, including food (this involved food preservation), shelter (involved the use of timber, …
Read More »INTERVIEW: Uganda’s road infrastructure boom
Sam Mutabazi is the Executive Director of Uganda Road Sector Support (URSSI). He talked to Ian Katusiime about Uganda’s road sector and its urban planning. What principles guide your management? I am a democrat. I extend freedom to people around me and give my staff the benefit of the …
Read More »Uganda in bold move to regulate supermarkets
Government drafting guidelines to deal with defaulting retail chains Kampala, Uganda | JULIUS BUSINGE | Supermarkets in Uganda have made it a habit not to pay or delay payments to suppliers of goods and services in time but that will soon come to an end once the government’s proposed …
Read More »US Judge commends Uganda on BUBU
Kampala, Uganda | GODFREY SSALI | A New York State Judge Frank J. LaBuda has commended Uganda for coming up with a policy on promoting local content, saying this is the way to go if Uganda is to resuscitate her economy. LaBuda was meeting Trade Minister Amelia Kyambadde at her office …
Read More »Museveni launches Kkubiri Furniture Makers Development Initiative
Kampala, Uganda | PPU | President Yoweri Kaguta Museveni has this morning launched the Kkubiri Furniture Makers Development initiative,workshop. The furniture makers group has been supported by the President through his office, equipping their workshop with modern furniture making equipment. The KKubiri Furniture Makers Development Initiative has a membership of over 1000 people organised …
Read More »ICPAU forum says BUBU policy will boost local businesses
Entebbe, Uganda | JULIUS BUSINGE | Uganda’s local businesses have a reason to be optimistic about the future of doing business in the country in case the discussions that were held at the 5th Economic Forum organised by the Institute of Certified Public Accountants of Uganda (ICPAU) in Entebbe from July 19 …
Read More »