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Tag Archives: Capital

Small scale processors in Bunyagabu struggle to stay in business

Bunyagabu, Uganda | THE INDEPENDENT  |  Small scale agro-processors in Bunyangabu District are struggling to operate. They cite lack of advanced machinery, lack of storage facilities, poor road network, high cost of production and insufficient capital, as the major challenges. Deo Musiga, the proprietor of Buka Foods Cottage Limited in Kibiito …

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South Korea agency boosts entrepreneurship in Uganda

Kampala, Uganda | Julius Businge | Data from the Global Entrepreneurship Monitor (GEM) indicates that 28% of Ugandan adults own or co-own a new business. It adds that 10% start new business and 60% of those that are started do not live to celebrate their first birthday. Experts in this field say …

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Trump administration rejects World Bank capital increase

Washington, United States | AFP | The Trump administration on Friday rejected a capital increase by the World Bank, which the Bank says is necessary to expand its global anti-poverty mission. Treasury Secretary Steven Mnuchin said the huge Washington-based institution is inefficient and can be more effective in the nearly $60 …

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Capital gains tax, who pays what?

By  Patrick Kagenda On August 3, 2010 Tullow Oil’s Chief Operating Officer Paul Mcdade and Graham Martin, Tullow’s General Counsel and Secretary, arrived in Uganda. As they jetted into the country, Tullow Oil Uganda’s General Manager Brian Glover was on his way to the USA. The two officials, according to …

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Tanzania to free capital movement

By Independent Team & Agencies Tanzania is set to remove restrictions on movement of capital across its national borders this month. The move will allow Tanzanian to invest in stock markets in the East African region for the first time. ‘This bears the potential of dramatically increasing demand in the …

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