Shanghai, China | AFP | Two of China’s top steelmakers announced plans Tuesday to merge,creating the world’s second-largest manufacturer of the commodity as markets struggle with a glut caused by Chinese overcapacity. The world’s second largest economy is trying to overhaul its lumbering state sector and especially its steel industry, …
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Singapore, Singapore | AFP | Oil prices fell in Asia Friday as the prospects of higher output from Libya and Nigeria further fuelled oversupply concerns, cutting short a nascent rebound. Both contracts rose Thursday on news that 6,000 barrels of gasoline had leaked from the Colonial pipeline that carries fuel …
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Singapore, Singapore | AFP | Oil prices retreated in Asia Tuesday, with Brent easing below $50 on news of increased production from Nigeria following the repair of infrastructure damaged in militant attacks. Bloomberg News reported Tuesday that Nigeria, Africa’s biggest oil producer, pumped an average 1.53 million barrels a day …
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By Isaac Khisa Deborah Kyarasiime is the executive director of the Uganda Warehouse Receipt System Authority. She spoke to Isaac Khisa about the new commodities trading system and other issues in the commodity trading industry. What is your personal philosophy of leadership as a manager? We are responsible for the …
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The Independent Uganda: You get the Truth we Pay the Price