A Chinese electronics firm, ENGO Holdings Limited, has joined Uganda's industrial sector to domestically manufacture and assemble mobile phones, iPads and laptop computers. The firm is setting up its plant in Namanve, Uganda's flagship industrial park. The construction works expected to last six months commenced this morning with a
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President Yoweri Museveni’s efforts to not only inspire commercial agriculture but also actively participate were last weekend recognised at the 3rd Annual Farmers' Expo held at Nama Sub-County Headquarters, Mukono district. Army bosses with President Museveni's award Museveni received the Lifetime Agripreneur Award from the organisers of the Expo, the
Read MoreUganda is one of the most enterprising countries in the world despite the existing challenging environment. One can literally start any business in all sectors of the economy and thrive. Uganda Investment Authority (UIA) has profiled a number of business ideas serious investors can actualize and become successful. Serious investors
Read MoreUganda Defeats Russia To Take Over Leadership Of World Customs Organization
Uganda Revenue Authority (URA)’s Commissioner for Customs Dicksons Kateshumbwa (in featured photo) has today been elected as the Chairperson of the World Customs Organization (WCO) Council after defeating his Russian counterpart Ruslan Davydov during the annual WCO Council session that ended today at the WCO headquarters in Brussels, Belgium. Kateshumbwa
Read MoreINTERVIEW: Faces Behind 3rd Annual Farmers’ EXPO Spill Secrets On Weekend’s Event
Agricultural Trade shows and expos have become a common phenomenon in agribusiness industry. They encourage practical training and ensure that various agribusiness services such as input manufacturers, financial institutions, among others meet on a common platform. Every year, a group of farmers and farmer organizations supported by MAAIF, organize an
Read MoreInside Carrefour’s Game Plan To Outcompete Uganda’s ‘Mushrooming’ Supermarkets
Majid Al Futtaim, one of the leading shopping malls, communities, retail and leisure pioneer across Middle East, Africa and Asia, has confirmed that it will open its first Carrefour stores in Uganda before end of this year. Carrefour’s first store will be located at Oasis Mall and is expected to
Read MoreHow Chinese Are Pushing Kenyan Traders Out Of Key Markets
The Chinese have become a staple in Kenyan economics, straddling all facets from manufacturing in China, exporting, distribution and now retailing. It has been called a Chinese economic invasion, likened to the fabled camel that was permitted to stick its nose into the tent, then forced its entire body inside
Read MoreVivo Energy plc (Vivo Energy),the pan-African retailer and distributor of Shell and Engen-branded fuels and lubricants, has agreed to form a non-fuel joint venture to accelerate the roll-out of KFC restaurants in Kenya, Uganda and Rwanda. The 50:50 joint venture will manage and operate the restaurants in the three markets
Read MoreMajid Al Futtaim To Open Its First Carrefour Stores In Uganda
• Set to open in Oasis Mall and Metroplex Kampala in the upcoming months. • Carrefour to create 300 jobs for Ugandans, prioritise local suppliers. Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across Middle East, Africa and Asia, is set to open its first Carrefour
Read More‘East Africa Presents Diversified Growth Opportunities For South African Businesses’
East Africa’s highly diversified economies are growing northwards of 6% in a highly integrated regional market which is already attracting significant levels of Foreign Direct Investment (“FDI”) relative to GDP. Even before the region’s current oil and gas potentialis taken into account, Africa’s most dynamic region presents a powerful investment
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