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Tag Archives: Manufacturing

THIS WEEK: UMA trade fair set for October 3-10

Kampala, Uganda | THE INDEPENDENT | The annual Uganda International Trade Fair organised by Uganda Manufacturers Association (UMA) is this year celebrating its Silver Jubilee from October 3- 10 at the show grounds in Lugogo. The Fair offers an international marketing platform for multi-sectoral goods and services from within and …

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Mercedes pumps 1 bln euros into US e-car plant

Frankfurt am Main, Germany | AFP | German luxury carmaker Mercedes-Benz said Thursday it would invest $1 billion in an Alabama factory as it prepares for electric vehicle production in the United States. “We are significantly growing our manufacturing footprint here in Alabama… We will be able to quickly ramp up …

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Rwanda budget boosts manufacturers

  Rwanda Budget scraps tax on imported textile machinery, tannery equipment Kigali, Rwanda | IVAN NGOBOKA|  In a bid to boost domestic manufacturing, the government of Rwanda has scrapped tax on imported textile machinery and tannery equipment. The announcement was made during the presentation of  the 2017/18 Budget before Parliament on …

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Made-in-China jet takes maiden flight

China’s homemade passenger jet aces first flight Shanghai, China | AFP |  The first large made-in-China passenger plane successfully completed its maiden test flight Friday, marking a key milestone on the country’s ambitious journey to compete with the world’s leading aircraft makers. The narrow-body C919 jet — white with green …

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Made-in-China passenger jet set to take wing today

Shanghai, China | AFP | China will on Friday conduct the maiden test flight of a home-grown passenger jet built to meet soaring domestic travel demand and challenge the dominance of Boeing and Airbus. The C919, built by state-owned aerospace manufacturer Commercial Aircraft Corporation of China (COMAC), was set to take wing …

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Siemens snaps up US software firm for $4.5 billion

Berlin, Germany | AFP |  German industrial giant Siemens on Monday said it would buy US software firm Mentor Graphics for $4.5 billion, building out its offer to high-tech manufacturing industries. Oregon-based Mentor employs more than 5,700 people and produces software used to design electronics products, especially integrated circuits. The …

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Food price anxiety

Surge in prices could cause inflation flare up, squeeze Ugandan economy further – experts Uganda’s consumer price inflation fell more than expected in the past three months to September, thanks to a huge drop in non-food prices during the period, but economists say the downward trend is unlikely to be …

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Ericsson to end manufacturing in Sweden, cut 3,000 jobs

Stockholm, Sweden | AFP |  Telecoms equipment maker Ericsson plans to end manufacturing in Sweden with the loss of around 3,000 jobs, Swedish newspaper Svenska Dagbladet reported late Wednesday. The daily said it had obtained “confidential documents” outlining a three billion kronor (313-million-euro, $350-million) cost-cutting programme. According to Svenska Dagbladet, …

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