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Tag Archives: Manufacturing

Uganda Clays to record a loss

Kampala, Uganda | THE INDEPENDENT | Clay products producer, Uganda Clays Ltd, has issued a half-year profit warning for the period ending June 30, 2023, attributed to machinery breakdowns. The company informed its investors that it is expected to register a loss during the period. “The Board of Directors of Uganda …

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Manufacturing vaccines in Africa

Africa Centres for Disease Control and Prevention and partners review ecosystem Kampala, Uganda | THE INDEPENDENT | Africa Centres for Disease Control and Prevention (Africa CDC) has hosted lead partners of Partnerships for African Vaccine Manufacturing (PAVM) for review of vaccine manufacturing ecosystem in Africa The meeting, which took place from …

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Mukwano empire founder Amirali Karmali dead

Kampala, Uganda | THE INDEPENDENT |  Amirali Karmali, the proprietor of Mukwano Industries Uganda Limited is dead. The entrepreneur died quietly on Wednesday evening in Fort portal, according to reports.  Karmali, born in the 1930s is the father to Alykhan Karmali, who is currently running the family business empire that spans …

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Parliamentary Budget Committee Recommends Capitalization of UDB

  Kampala, Uganda | THE INDEPENDENT | The Parliamentary Budget Committee has recommended for the allocation of money to capitalise Uganda Development Bank-UDB. UDB is a public enterprise wholly owned by the Government. It is a Development Finance Institution that is focused on accelerating socio-economic development through sustainable financial interventions in …

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COMMENT: Manufacturing in the global south

How declining global labour costs and increasing robotics are conspiring against manufacturing there COMMENT | OTAVIANO CANUTO | In emerging markets, manufacturing has historically been a source of productivity, growth, and jobs. Since the 1950s, industrialisation has kept economies in Latin America, Asia, and Eastern Europe on a steady glide toward …

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N. Korea’s Kim tours cosmetics plant with wife, sister

Seoul, South Korea | AFP | North Korean leader Kim Jong-Un took his stylish wife and powerful sister to a make-up plant for a “field guidance trip” amid the country’s nuclear standoff with the US. During a visit to the Pyongyang Cosmetics Factory in the capital, Kim hailed its “world-level” products …

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