Fear of competition from foreign entrants caused Nakumatt Supermarket to divert billions of shillings into a rapid expansion in a bid to lock them out of strategic locations, reports the Standard. In an interview with an insider, news of entry of new players caused panic within top management of Nakumatt,
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Uganda Gov’t Should Borrow Leaf From Kenya To Save Maize Farmers
Maize farmers in Uganda have suffered price fluctuations season after season. There are times a kilogram of maize grain goes below Shs500, leaving many farmers in losses. Currently, a kilogram of maize grain in Uganda is averaging Shs700. While we are in a free market economy where prices are determined
Read MoreMTN, Airtel Unveil Best Internet Offers As Competition For Data Market Deepens
The battle for who will control Uganda’s data market is on, with telecom giants MTN Uganda and Airtel Uganda unleashing one of the best internet offers on the Ugandan market in recent weeks. Airtel that is under the stewardship of VG Somasekhar as Managing Director now offers 300 MBs at
Read MoreBy Livingstone Mukasa The way markets allocate resources can be sometimes ruthless. Take the fact that 8 Men in the West are richer than 3,600,000,000 people at the bottom of the pyramid. Why would this be acceptable? And why would it be happening on our watch. Less than 500 years
Read MoreAfter holding two elections within three months, Kenya is no closer to resolving a standoff over who is its rightful leader. President Uhuru Kenyatta was named the winner of the latest balloting Oct. 26. But his opponent, former Prime Minister Raila Odinga, calls the vote a sham, and its legitimacy is
Read MoreUganda is often called one of the best places in the world to be a refugee because of its welcoming policies. But how do you rebuild your life - and start making money - having left everything you knew and held dear? The BBC s John Murphy has been finding
Read MoreThe Ugandan Private Sector registered an improvement in Business conditions in October. There were increases in output, new orders, employment numbers and stock purchases. The headline Stanbic PMI index registered a 52.8 reading. Releasing the October Stanbic PMI findings, Jibran Qureishi, Stanbic Bank’s Regional Economist for East Africa revealed, “We
Read MoreHow Banks, Developers Are Creating Affordable Housing For Ugandans
By Jackson Emanzi Uganda’s population is projected to grow from 37 million today to 41.2 million by 2020 (UBOS) and yet the country currently has a housing deficit that stands at close to 1.2 million units, with Kampala at a staggering deficit of over 200,000 units. To compound this concern,
Read MoreBy Livingstone Mukasa In 2009, I travelled from Dar-es-Salam to Mbeya in Tanzania by Bus. This is quite a punishing 13 hour bus ride with only 20 minute lunch break in between. The journey takes you through two National Parks with a scintillating view of wildlife. On this occasion, we
Read MoreWhy Good Infrastructure Governance Is Key To Unlocking Africa’s Potential
Africa’s first roundtable on infrastructure governance is taking place in Cape Town this week. Chris Heathcote, CEO of Global Infrastructure Hub (GI Hub) (www.GIhub.org), which is co-hosting the event, shares his views on the opportunities that infrastructure development offers African countries and some of the obstacles to the success of such projects.
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