Overcapacity is leading to soaring bankruptcies ANALYSIS | AGENCIES | Most news on China’s manufacturers is bad news for rivals around the world. Foreign governments fear their domestic champions will be pummelled by low-cost Chinese rivals. But on August 5th the world got a small reminder that China’s producers face big …
Read More »PSFU, Mastercard Foundation study gives Ugandan manufacturers growth tips
Kampala, Uganda | THE INDEPENDENT | The Private Sector Foundation Uganda (PSFU), the apex body of the private sector in Uganda together with the Mastercard Foundation today released two reports on capacity utilization and cost center analysis of manufacturing firms in the country, at a one-day dissemination workshop, at Kampala …
Read More »Minister challenges manufacturers to work on quality that meets international standards
Kampala, Uganda | THE INDEPENDENT | The State Minister for Trade, Industry, and Cooperatives, Harriet Ntabaazi, has urged Ugandan manufacturers to enhance the quality of their products to meet international standards. She emphasized that this is crucial for positioning Uganda as a significant player in the global market, ultimately promoting …
Read More »Environmentalists ask manufacturers to curb poor waste management
Kasese, Uganda | THE INDEPENDENT | Environmentalists in Kasese have asked manufacturing companies to take action against poor waste management. Under their consortium, ‘The World Without Waste Revolution’, they are also demanding manufacturers have waste management policies. They argue that poor waste disposal remains a main challenge for local authorities largely …
Read More »Cement, sugar companies have until May 31 to get digital stamps
Kampala, Uganda | THE INDEPENDENT | Manufacturers, importers and distributors of sugar and cement have up to May 31, 2021, to clear stocks of the products that have no digital tax stamps. The stamp was introduced to enforce the Digital Tracking Solution (DTS) aimed at ensuring that the said products only …
Read More »Manufacturers operating at night to evade digital tracking system
Kampala, Uganda | THE INDEPENDENT | Several manufacturers have resorted to distributing their products at night and in unbranded delivery vehicles, to beat the enforcement of the Digital Tracking Solution (DTS). The DTS involves putting a stamp on the product as proof that the targeted product has met the regulatory requirements, …
Read More »Manufacturers given up to end of January to have digital stamps
Kampala, Uganda | THE INDEPENDENT | Manufacturers of different products have up to the end of January 2020 to clear stock of products without digital stamps. After that, all their products are expected to bear a stamp. The first goods expected to have stamps are beer, wines, spirits, sodas, bottled water, …
Read More »Manufacturers raise red flag over digital tax stamps
Kampala, Uganda | THE INDEPENDENT | Ugandan manufacturers want Uganda Revenue Authority (URA) to explain what the DTS would achieve if a manufacturing sub-sector has no counterfeits. They want URA to show if the DTS will increase revenue collection and compliance considering that the formal manufacturers are already compliant, and show …
Read More »Local transformer manufacturers to benefit from BUBU
Kampala, Uganda | GODFREY SSALI | Government has taken a decision to prioritize local manufacturers of transformers in government procurement processes as one of the moves to promote Buy Uganda Build Uganda. This was agreed on during a meeting convened by the Ministry of Trade with local companies that manufacture transformers, …
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