Kampala, Uganda | THE INDEPENDENT | The recent start of fuel transportation by the MT (Motor Tank) Kabaka Mutebi II along the Kisumu-Entebbe route is a potential disruption in the entire delivery chain, according to experts. The ship which is said to have the capacity to carry 4.5 million litres at …
Read More »Bill to protect consumers from predatory pricing in offing
Kampala, Uganda | THE INDEPENDENT | The Committee on Trade, Tourism and Industry has said that it will move the protection law aimed at protecting consumers from false advertisement, predatory pricing and substandard products. According to the Chairperson of the Committee, Mwine Mpaka, although there are several laws in the …
Read More »Will COVID-19 deal US malls a mortal blow?
New York, United States | AFP | As they gradually reopen, US shopping malls are requiring masks and implementing social distancing policies in hopes of convincing customers that they can shop safely in the coronavirus era. But these once-dominant shopping behemoths are in survival mode following lengthy pandemic shutdowns that have …
Read More »Consumers and prices
They rely on price to determine quality of products A study shows that marketers of relatively high-priced products should consider keeping prices high, as many consumers associate high price with high quality. A study by an assistant professor at The University of Texas at Arlington published in the `Journal of …
Read More »NWSC lays off 31 prepaid water meter token vendors
Kampala, Uganda | THE INDEPENDENT | National Water and Sewerage Corporation has dismissed 31 Prepaid Water Meter Token Vendors. They had been recruited and trained to distribute water tokens to consumers in Kampala city. The layoff of the agents climaxed last month since it started at the beginning of the year. …
Read More »Latest Trump tariffs to directly hit consumers
New York, United States | AFP | Earlier US tariffs enacted in President Donald Trump’s trade war with China have dealt only a glancing blow to consumers, but those announced Thursday are different. “This hits consumers straight on,” Steve Pasierb, president of the Toy Association, said in an interview. “This …
Read More »Netflix shares slide on disappointing subscriber growth
San Francisco, United States | AFP | Netflix shares plunged in after-hours trade Wednesday after its quarterly update showed weaker-than-expected subscriber growth for the streaming television sector leader. Netflix said it added 2.7 million new subscribers worldwide in the April-June period, well below expectations, as the sector prepared for offerings …
Read More »Facebook, Twitter not fully complying with consumer rules: EU
Brussels, Belgium | AFP | The European Commission said Thursday that certain social media companies need to do more to fully comply with EU consumer rules, singling out in particular Facebook and Twitter. “While Google’s latest proposals appear to be in line with the requests made by consumer authorities, Facebook …
Read More »Hamleys opens its largest toy store in Beijing amid Christmas debate
Beijing, China | AFP | British toy retailer Hamleys opened its largest store in the world in Beijing on Saturday, just two days before Christmas as debate played out over whether the holiday should be banned in the Communist country. Christmas elves, a teddy bear parade and a curiously slender …
Read More »Consumers ‘left in lurch’ over Europe egg scandal
Paris, France | AFP | European consumers complained of being “left in the lurch” by food safety authorities as a scandal over insecticide-tainted eggs snowballed Friday, but said they have no intention of removing eggs from their shopping lists completely. Eggs contaminated with an insecticide called fipronil — which can be …
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