INTERVIEW: Godwin Mabano is the executive director of Mabaati Roofings Systems. He spoke to Agnes E. Nantaba about their operations and other pertinent issues in the construction industry. What are the key elements in your management style as a manager? The main element in management is setting a target and …
Read More »Exchange rate qualms in October
The first week of October has not been smooth sailing for the Uganda shilling. By close of the trading week that ended Oct. 07, the local currency had run down from Shs 3,385/3,395 on Sept.30 to Shs 3,405/3,415 to the US dollar, representing a loss of Shs 20. This is …
Read More »Kenya, South Africa vow to ease trade, visa barriers
Nairobi, Kenya | AFP | South Africa and Kenya vowed Tuesday to “soften borders” between the two regional powerhouses by easing trade and visa barriers, part of ongoing efforts to boost low levels of commerce within Africa. While both nations are economic giants in their respective regions, South Africa’s Jacob …
Read More »Protectionism a scourge? Maybe not in Africa
Washington, United States | AFP | World economic leaders gathered in Washington this week to defend globalization, delivering a single message in unison: Protectionism will not save you. But this glosses over the plight of Africa, which is sinking further into poverty despite years of free trade. According to the …
Read More »Kenya and Rwanda endorse EPA as Uganda, Tanzania dilly-dally till 2017
EAC at EPA crossroads It’s another postponement, once again. With only a fortnight to the Oct.01 deadline for the East African Community (EAC) to sign the Economic Partnership Agreement (EPA) with the European Union (EU), the final signing has been extended. The Heads of State Summit sitting in Dar-es-Salaam, …
Read More »East Africa cautions US against negative travel advisories
East African leaders have protested travel advisories issued by the United States against Africa saying these discourage Americans from coming to Africa and affect negatively on trade and investment on the continent. “East Africa is the place to invest. It is the place to be… security is good. But you …
Read More »VIDEO: Making a living from cow hooves
VIDEO: In the Hustling for Survival show, Richard Olwenyi tells the story of a man who has made a living from fresh cow hooves which is later prepared as cow hoof stew locally referred to as Kigere or Molokonyi. Fred Bukenya, owes what he has achieved to the trade. Share on: …
Read More »Ocici on what it will take to transition into middle income status
The middle income outlook will depend on what Uganda will do to wake up the population to be productive and be consistent at it. The target for middle income is 2020 but right now 68% of our population comprises peasants. We are hoping each one of them will be having $1,050 as …
Read More »COMMENT: Mwenda’s pragmatism and mivumba
COMMENT: By Rajab Kakyama Second-hand clothes – Mwenda shouldn’t be in hurry to displace workers in this sector to become beggars on the fringes of great cities Refer to: “America’s harmful threats” (The Independent Aug.26). Unfortunately, I do agree with Mwenda on principle but disagree with his method of …
Read More »ANALYSIS: Rwanda shines at TGAIS
Rwandan President Paul Kagame and his Ugandan counterpart President Yoweri Museveni on Sept.05 launched the inaugural Global African Investment Summit in Kigali, Rwanda. Dubbed the Global African Investment Summit COMESA & Government of Rwanda (TGAIS-Rwanda), the meeting brought together African leaders, heads of State, senior policymakers and influential business leaders …
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