COMMENT | GEORGE ORODI | As a young graduate, when I was being introduced into the circles of trade and tax, my CEO then, Kaushik Shah made me attend some of the key meetings at the Kenya Association of Manufacturers and I would later grow to chair a sub-committee on regional trading bloc configuration and a member of …
Read More »Reckitt Brands clinches multiple People’s Choice Awards
Kampala, Uganda | THE INDEPENDENT | Reckitt has showcased its dominance at this year’s People’s Choice Awards, a gala event held in Kampala. Four of Reckitt’s esteemed brands, Dettol, Harpic, Mortein, and Jik stood out, earning recognition as the best in their respective categories. Dettol antibacterial soap, a flagship product of …
Read More »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 …
Read More »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 …
Read More »China-Africa cooperation key to boost COVID-19 response, industrial growth: experts
Nairobi, Kenya | XINHUA | African countries should leverage on robust bilateral ties with China to boost action on COVID-19 pandemic and hasten growth of the continent’s manufacturing sector, experts said on Tuesday. Speaking at a virtual forum in Nairobi, the experts from Africa and China noted that Africa’s COVID-19 battle …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »Toyota South Africa recalls more than 700,000 cars over airbags
Johannesburg, South Africa | AFP | Toyota South Africa Motors said Thursday it had issued a notice to recall more than 700,000 vehicles over airbag safety concerns, with some affected models dating back over 15 years. The Japanese carmaker said the recall was needed to replace front airbag inflators produced …
Read More »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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