Government gets rid of loss-making company, but can new investor avoid its jinx? The government of Uganda has leased Phenix Logistics Uganda Ltd, a garment manufacturer based in Kampala, to a Kenyan-based garment manufacturer – Fine Spinners. The deal which is at un-disclosed amount of money and a 15-year period …
Read More »Trump could be good for Africa – Kagame
President Paul Kagame says the election of President Donald Trump in the U.S. might be good for Africa, although it is still too early to tell. The President was on March 07 speaking at the inaugural Wall Street Journal Conference on Investing in Africa in London. He was responding to …
Read More »Trump: Africa shouldn’t out
COMMENT: By John Campbell It’s boring bureaucrats, not his Twitter feed, that will shape his administration’s Africa policy President Donald Trump has not said much about Africa, but judging by his explosive Twitter feed, he is no great admirer of the continent. He has called South Africa a “total – …
Read More »COMMENT: Mwenda’s pragmatism and mivumba
COMMENT: By Rajab Kakyama Second-hand clothes – Mwenda shouldn’t be in hurry to displace workers in this sector to become beggars on the fringes of great cities Refer to: “America’s harmful threats” (The Independent Aug.26). Unfortunately, I do agree with Mwenda on principle but disagree with his method of …
Read More »AGOA: Extension of access to US markets could be another lost opportunity
AGOA’s agony: Why 10-year extension of duty-free access to the US market could be another lost opportunity for Uganda When the US passed the African Growth and Opportunity Act (AGOA) 15 years ago, there was a lot of promise. Many African countries, especially the oil exporters, have registered substantial progress under …
Read More »America’s harmful threats
THE LAST WORD: By Andrew M. Mwenda Why U.S. resistance to the proposed ban on second hand clothes is a danger to our future prosperity On August 17, Daily Monitor published an article titled “US envoy warns on ban of second hand clothes.” The U.S. Ambassador to Uganda, Deborah Malac, …
Read More »After AGOA, GES shouldn’t be another missed opportunity
By Dr Geoffrey A Onegi-Obel Obama, the 6th Global Entrepreneurship Summit in Kenya, and Uganda’s fate in America’s Africa Economic Transformation Initiatives On July 24 over 280 world-class investors looking for opportunities descend on the Kenyan capital, Nairobi, for the 6th Global Entrepreneurship Summit [GES] from July 25-26 headlined by …
Read More »Uganda risks losing AGOA deal over gays
By Independent Team & Agencies Shs 50bn exports threatened as American senator asks EU to join trade blockade After reviewing legislation being considered by the Ugandan Parliament that would imprison citizens for being Lesbian, Gay, Bi-sexual and Transgender, U.S. Senator Ron Wyden, Chairman of the Senate Finance Committee’s subcommittee on …
Read More »Otafiire’s delegation fires up Nairobi AGOA forum
By Mubatsi Asinja Habati But Ugandan exporters dismiss the US trade partnership The 8th forum for the African Growth Opportunity Act (AGOA) held in Nairobi last week attracted a mammoth delegation that comprised the minister of trade, tourism and industry, Kahinda Otafiire, ministry officials and a group from the AGOA …
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