By Independent Reporter Tanzania overtakes Uganda African producers are muscling onto the global organic market, snatching four of the ten top producer slots, according to the Organic Cotton Farm and Fiber Report 2008 released by the international monitoring body, Organic Exchange (OE) Uganda retained the seventh position among the top …
Read More »Global organic cotton expands by 152 percent
By Independent Reporter Thanks to the heightened demand from small-to-large sized retailers around the world, the organic cotton cultivation has zoomed 152 percent in 2007-08, according to a recent report by Texas-based Organic Exchange (OE) The report titled Organic Cotton Farm and Fiber Report 2008 said that organic cotton production …
Read More »Air Uganda introducing transcontinental flights
By Patrick Kagenda Air Uganda, a privately owned airline that flies the national flag, plans to introduce transcontinental flights, according to Mr Peter de Waal, the company Chief Executive Officer. He unveiled the two-year plan to journalists while speaking on the airlines first anniversary of operations in Uganda. Air Uganda …
Read More »Fight poverty; urbanise, integrate markets
By Independent Reporter World Bank Development Report 2009 diverts from tradition on how the poor can create and grow wealth Released on November 7, 2008, in Washington DC, the World Development Report 2009: Reshaping Economic Geography comes at a time of severe economic crisis, which history shows can cause nations …
Read More »Uganda tourism can benefit from Kenya-Obama link
By Patrick Kagenda Even before Barack Obama was announced winner of the November 4 US presidential elections, Kenya his half ancestral home was planning for tourists who would flock the country to experience the roots of the first black man to occupy the White House. The Independents Patrick Kagenda talked …
Read More »Uganda is in free fall, Nabudere
By Onghwens Kisangala The Indenpendents Onghwens Kisangala interviewed eminent Ugandan academic Prof. Dani Wadada Nabudere about a broad range of issues. This interview was done before the final results of the US election were known, and before Parliament absolved Security Minister Mbabazi in the Temangalo scandal. Below, excerpts: The country …
Read More »Uganda soars even if its leaders sink
By Andrew M. Mwenda A few weeks ago, a Western diplomat invited a couple of us to lunch to discuss the major challenge facing our nation and what the West ‘should do’ (I would have preferred ‘should not do’) about it. As I listened to Ugandan colleagues speak, I got …
Read More »Global Crisis: Does Mutebile understand the economy?
By Patrick Kagenda If the value of its currency is falling, fuel prices and inflation going up and an irrational indifference hits its securities exchange; is it realistic to say the economy’s fundamentals are ok? Finance minister Ezra Suruma, Bank of Uganda Governor Tumusiime Mutebile, and Uganda Securities Exchange boss …
Read More »“Financial crisis hurting us”
By Patrick Kagenda The Independent’s Patrick Kagenda talked to Mr. Kirumira Vincent assistant marketing manager of Crest Foam in charge of promotions on the effects of the global financial crisis on their business. How has the global financial crisis affected your business? We purchase all items using the dollar. The …
Read More »`Modernising the markets’
By Robert B. Zoellick The New Multilateralism will rely on national leadership and cooperation. September and October are shaping up to be hard months in a precarious year. A meltdown in financial, credit, and housing markets. The continuing stress of high food and fuel prices and the dangers for poverty …
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