The investment underscores deepening economic co-operation between Kenya and Uganda as both countries pursue industrialisation strategies Tororo, Uganda | THE INDEPENDENT | Uganda’s President, Yoweri Museveni and his Kenyan counterpart, William Ruto, broke ground Sunday on a $500m steel manufacturing complex in Tororo, eastern Uganda, in one of East Africa’s …
Read More »Uganda, Kenya to jointly develop Busia City, steel industry
Nairobi, Kenya | THE INDEPENDENT | Uganda and Kenya have signed eight Memoranda of Understanding (MoUs) aimed at improving the cooperation between the two countries. The MoUs span multiple sectors, including transport, trade, cultural exchange, and immigration, reflecting a holistic approach to bilateral engagement. These agreements not only reinforce the …
Read More »Uganda Baati’s shingle stone coated steel roofing: A resilient marvel for modern homes
Kampala, Uganda | THE INDEPENDENT | When it comes to roofing, homeowners and builders are on the lookout for materials that blend durability, aesthetics, and longevity seamlessly. Shingle stone-coated steel roofing has emerged as a groundbreaking solution that checks all these boxes and more. In this article, we delve into the …
Read More »UNBS impounds fake steel reinforcement and iron bars worth Sh250 million
Kampala, Uganda | THE INDEPENDENT | Uganda National Bureau of Standards-UNBS has impounded more than 7545 steel reinforcement bars and iron bars from hardware shops around Kampala valued at over Sh250 million. The bars were impounded on Wednesday in an ongoing operation that is expected to last seven days with the …
Read More »Top S. Korea court orders Japanese firm to pay for forced labour
Seoul, South Korea | AFP | South Korea’s top court on Tuesday ordered a Japanese steel giant to pay compensation over forced wartime labour, a decision likely to further strain ties between the two neighbours. South Korea and Japan are both democracies and US allies faced with an increasingly assertive …
Read More »Local content laws good but could be disastrous-new study
The study could thwart implementation of BUBU like initiatives Kampala, Uganda | ISAAC KHISA | Local firms that sell more of their products to government entities tend to perform better compared to their counterparts that do not, yet, passing laws that enforce local purchases could be disastrous. This is based on research …
Read More »Trump suspends metal tariffs for key US trade partners
Washington, United States | AFP | US President Donald Trump on Thursday authorized the suspension of controversial tariffs on steel and aluminum imports from key trade partners including the European Union. Trump shocked the world with his sudden announcement earlier this month of a 10-percent levy on aluminum and 25-percent …
Read More »China says US tariffs ‘a serious attack’ on global trade system
Beijing, China | AFP | China on Friday denounced US tariffs on aluminium and steel imports, saying that they would profoundly harm the international trade environment. The US’s “abuse” of national security concerns as a reason for implementing the measures will lead to “a serious attack on normal international trade …
Read More »China says to ‘take necessary measures’ if US harms trade
Beijing, China | AFP | China will “take necessary measures” if the United States harms the country’s economic interests, a Chinese official said Sunday, as President Donald Trump plans to impose tariffs on steel and aluminium. “China doesn’t want a trade war with the United States,” Zhang Yesui, spokesman for …
Read More »Did you know? This super wood could replace steel
Kampala, Uganda | THE INDEPENDENT | Engineers at the University of Maryland, College Park (UMD) have found a way to make wood more than 10 times stronger and tougher than before, creating a natural substance that is stronger than many titanium alloys. “This new way to treat wood makes it 12 …
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