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Tag Archives: trade

Nakumatt’s elephant missteps

Nakumatt: Unstable US$150m debt sends jitters among retail supermarket suppliers Business at Nakumatt supermarkets in Uganda has been slowly declining for months but recent persistent reports that all is not well at the parent company of the Kenya-based regional retail giant may have made a bad situation worse. The Nakumatt …

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Saree-clad May says post-Brexit opportunities in India

Bangalore, India | AFP |  British Prime Minister Theresa May said Tuesday there was a “world of opportunities” for post-Brexit Britain in India, as she donned a saree during a temple charm offensive in Bangalore. May said that Britain would not need to ease visa restrictions — a key demand …

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Uganda looks to break into COMESA, SADC markets

Uganda’s Minister of Trade Amelia Kyambadde has said the country is ready to ratify the EAC-COMESA-SADC Tripartite Trade Agreement  before June 2017 and start implementation so as to benefit from a proposed free trade arrangement. Speaking at the end of a regional meeting in Nairobi on Sunday, Kyambadde said it was unfortunate …

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VIDEO: Uganda-South Sudan to police Nimule highway

VIDEO: Uganda and South Sudan have reached an agreement to form a joint security block that will operate across borders along the Juba-Nimule high way pending a peace deal to end the violent clashes in the world’s youngest nation. The agreement was reached in Kampala after several hours of a …

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Mabano on making affordable roofing products

INTERVIEW: Godwin Mabano is the executive director of Mabaati Roofings Systems. He spoke to Agnes E. Nantaba about their operations and other pertinent issues in the construction industry. What are the key elements in your management style as a manager? The main element in management is setting a target and …

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Exchange rate qualms in October

The first week of October has not been smooth sailing for the Uganda shilling.  By close of the trading week that ended Oct. 07, the local currency had run down from Shs 3,385/3,395 on Sept.30 to Shs 3,405/3,415 to the US dollar, representing a loss of Shs 20. This is …

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