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Uganda to ban sale of alcohol in sachets in September 2017

Government gives alcohol manufactures deadline to stop kavera sachets Kampala, Uganda | GODFREY SSALI |  Government has given alcohol manufacturers up to  September 30, 2017 to stop the sale of alcohol packaged in sachets. This is one of the resolutions agreed on in a meeting between the Minister of Trade, Industry …

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VIDEO: Oil money not for consumption, says Museveni

VIDEO:President Yoweri Museveni has moved to end anxiety over the exploitation of the country’s oil and gas resource. Museveni told experts and investors earlier today that revenue from Uganda’s oil will only be used for capital expenditure. He called for more emphasis to be put on the development of other …

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Chile sues Nestle, Kellogg’s in anti-obesity drive

Santiago, Chile | AFP |  Chilean authorities are suing the giant breakfast cereal-makers Nestle and Kelloggs for putting children’s cartoon characters on packets of fattening food in breach of an anti-obesity law, officials said Tuesday. The government’s National Consumer Service said in a statement it had filed a suit against …

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Quality Chemicals plans IPO?

Ugandan bourse managers say pharmaceutical firm’s latest plans no different from past claims The Kampala-based pharmaceutical firm Cipla Quality Chemical Industries Ltd, often called just Quality Chemicals Ltd, has once again signaled intention to offer shares to the public in an Initial Public Offer (IPO). The subsidiary of Indian drugs …

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Nigeria’s economic crisis deepens

Abuja, Nigeria | AFP |  Nigeria’s economic slump sharpened in the third quarter as rebels bombed oil pipelines in the restive south and businesses struggled to access foreign exchange, official data showed Monday. The third quarterly contraction in a row comes as the West African nation reels from a crash …

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