Nairobi, Kenya | Xinhua | African governments should leverage capital, technology and manpower from industry to hasten realization of sustainability agenda and pandemic recovery in the continent, a senior UN official said on Thursday. Amina J. Mohammed, UN Deputy secretary-general, said that targeted investments from Africa’s indigenous businesses are required to …
Read More »Africa Energy Chamber calls for conducive environment for industry
Johannesburg, SA | XINHUA | Headquartered in Johannesburg, the African Energy Chamber (AEC) on Friday called for African governments to create a conducive environment and introduce tax concessions for the sector to contribute to economic growth. NJ Ayuk, AEC executive chairperson, made the remarks on Friday while speaking on …
Read More »S.Korea says too early to restart industrial zone with North
Washington, United States | AFP | South Korea said Thursday it would not restart an industrial zone with North Korea until its neighbor moves to give up nuclear weapons, although it voiced hope for progress. Cho Myoung-gyon, the South’s unification minister, said Seoul was abiding by international sanctions on Pyongyang …
Read More »Investors lose land in industrial parks
Limited access to water, electricity and roads remains a big headache in these areas Kampala, Uganda | ISAAC KHISA | Uganda Investment Authority (UIA) has withdrawn land allocated to 164 firms in the industrial and business parks over the last five years due to non-compliance to the set terms. The Authority’s …
Read More »Music business grows at record pace as digital dominates
New York, United States | AFP | The global music industry soared a record 8.1 percent last year as digital sales for the first time made up the majority of revenue thanks to the streaming boom, the industry said Tuesday. Recorded music grossed $17.3 billion in 2017 with digital music …
Read More »How can Uganda boost its industrial sector?
Study shows sector is worse off today than it was eight years ago Kampala, Uganda | JULIUS BUSINGE | How has the Uganda’s Industrial Policy performed since it came into existence 10 years ago? Is it at par with the changing socio-economic issues? Will it be redesigned in such a …
Read More »Why the publishing industry is struggling
Kampala, Uganda | FLAVIA NASSAKA | Herbert Asiimwe Mutamba is the CEO of Reviser Uganda Limited. He spoke to Flavia Nassaka about their entry into the book publishing. What exactly does Reviser Uganda offer in the publishing industry? Our main business is to help children and young people develop a reading …
Read More »THIS WEEK: Shs100bn industrial skilling centre launched
THIS WEEK: Shs100bn industrial skilling centre launched Kampala, Uganda | THE INDEPENDENT | A National Industrial Skills and Training Centre has been launched in Namanve Industrial Park to boost employment and industrialisation. The project is being funded by the Chinese at a cost of $30million (108billion) and will run until the …
Read More »Banks scramble for a pie of Uganda’s insurance industry
New move expected to boost country’s insurance penetration Kampala, Uganda | ISAAC KHISA | For a long time, buying insurance policies in Uganda through commercial banks, also known as bancassurance, remained unthinkable. Policies were purchased directly from insurers’ branches or through brokers, a situation that had been blamed for a slowdown …
Read More »Good outlook for Uganda’s steel industry in 2018
Kampala, Uganda | THE INDEPENDENT | Oliver Lalani is the Executive Director at Roofing Rolling Mills (RRM). He spoke to Isaac Khisa about Uganda’s steel industry and its future outlook. What is your assessment of the performance of Uganda’s steel industry in the country at the moment? The Steel industry …
Read More »