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NBL sinks Shs 190 billion in new plant

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It’s time for beer drinkers to celebrate

Nile Breweries Ltd has broken ground on a new brewery in Mbarara, targeting the fast-growing affluence of Western Uganda and the underserved but growing Rwandese market.

On Feb. 9 Nile Breweries Ltd (NBL) br [ … ]

 

Sudan trade booms despite hurdles

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Milly Nsubuga, 30, started out as a small-scale trader on the Kampala-Juba route in 2008. That she has now established herself as one of the biggest suppliers of unprocessed food products like eggs, maize and beans in the South Sudanese capital of Juba, is testament to the immense potential of this market.

Indeed, according to a new World Bank report, trade between Uganda and Sudan has skyrocketed since 2005, rising from US$60 million in 2005 to US$635 million in 2008.

 

Executive Style

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Rail investment plans out

More than 5 years after Rift Valley Railways (RVR) acquired the rail assets of the Uganda Railways Corporation, Chief Executive Officer Brown Ondego reveals an investment plan for renewal of cargo and passenger services that takes off in February. He talked to The Independ [ … ]

 

Gulf Air exits Entebbe

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The high expectations raised by Gulf Air’s return to Entebbe on December 5 last year have been dashed barely two months into its return, with the shock announcement of the airline’s closure of the route effective February 21, as the airline cuts costs and shift resources to core markets and those wi [ … ]

 

Yield hunters keep shilling strong

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Last week the local unit held on its gains against the greenback trading in narrow range of 2300-25 with mild activity eventually closing 2305/15 compared to the previous close of 2315/25.

 

Sugar goes sour

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Analysts say manufacturers’ alarm over an import-induced glut in the market is short-sighted and may sow the seeds of the next sugar crisis

When Uganda Revenue Authority’s Assistant Commissioner, James Kisale, announced the end of the 6-months tax waiver on sugar imports on January 31 and the retur [ … ]

 

The Dead Express?

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They called it the ‘Lunatic Express”. With RVR’s failure to turn around the railway, is it more appropriately the “Dead Express”?

The future of Uganda’s railway has become a game of predictions and bets.

“My prediction is that the earliest a cargo train will travel from Mombasa Port to Kampala is [ … ]

 

Traders unhappy, Governor “sorry”

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Traders are not happy with the modest interest rate cuts by commercial banks over the past week, following a one-point reduction of the Central Bank’s indicative lending rate (CBR) at the beginning of the month.

Arguing that a one-point reduction would have little effect on business, Everest Kayond [ … ]

 

More hope than fear with SIM registration

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Companies hope their wide networks and tech-savvy will prevent subscriber haemorrhage

SIM card registration could help cement the status quo in the telecom industry as existing distribution networks play a critical role in public mobilisation. With the Uganda Communication Commission having no publ [ … ]

 
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Afedra Robert Iga Says:
2012-02-19 10:34:50
If only unhealthy political propaganda can be left out of such benefiting projects like stepping up the face of the city, then all will be good for Ugandans in a very short time. My full support for K

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The economics and politics of Kampala city traders strike The greatest paradox is that 20 years after privatisation, the traders want the government’s assistance in businesses ...
 
 

 
 
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