Thursday , November 21 2019
Home / Business (page 10)


Business news

NARO introduces new Coffee disease resistant varieties

Kampala, Uganda | THE INDEPENDENT | The National Agriculture Research Organization-NARO has introduced three coffee varieties that are resistant to diseases and the dry spell. The three varieties are NARO- Kituuza Robusta-NKR8, NKR9 and NKR10 generated in 2017. They were subjected to three years of testing before their launch to …

Read More »

Kigezi leaders sceptical of industrial park project

Kigezi, Uganda | THE INDEPENDENT | Leaders in Kigezi sub-region have expressed doubt on the success of the Industrial park project.  The project was launched by President Museveni in April with an aim of eradicating poverty and unemployment among the youth and women.  Early this month, the government allocated 130 billion …

Read More »

Uganda manufacturers seek 30 acres in Naguru housing estate

Kampala, Uganda | THE INDEPENDENT |  Uganda Manufacturers Association is eyeing 30 acres of former Naguru Housing Estate to expand its showground in Lugogo to accommodate the growing number of exhibitors entering the annual International Trade Fair.         Mubarak Kirunda Nkutu, the Director Membership Services at Uganda Manufacturers Association – UMA says …

Read More »

COMESA sees more business mergers, acquisitions

Executives urge ‘sleeping giants’ to quickly enact competition law for job creation Kampala, Uganda | JULIUS BUSINGE | There are mega opportunities that mergers and acquisitions are creating within the Common Market for Eastern and Southern Africa (COMESA). Statistics from the Zambian-based COMESA Competition Commission (CCC) that oversees transactions in …

Read More »

WORLD BANK: Agriculture key to ending poverty in Uganda

  ✳ Discontinue the fragmentation of districts (if possible, consolidate to reduce administrative costs). ✳ Government’s outsized role in the agriculture sector leaves little room for private sector participation. ✳ Technical inefficiencies pervade delivery of subsidized inputs, procured by the NAADS and distributed by the OWC to farmers. ✳ Rather …

Read More »

Nigeria’s Buhari unveils record $33.8 billion budget

Abuja, Nigeria | AFP |  Nigerian President Muhammadu Buhari on Tuesday unveiled a record budget plan to lawmakers, ramping up ambitious spending goals for his second term in charge. The draft budget increased more than 13 percent from last year at 10.33 trillion naira — around $33.8 billion (30.8 billion …

Read More »