Sector executives, analysts predict better performance in the second half of 2016/17 The emergence of several structures at the Kampala Industrial and Business Park at Namanve, Uganda’s newest hub for manufacturers seem to give an impressive face of Uganda’s manufacturing sector to whoever glances at it from the Kampala-Jinja Highway. …
Read More »Steel troubles melt away in 2017
Sector positive on government promise of deals in infrastructure projects Like most of the Uganda’s manufacturing industry, 2016 was brutal for the steel industry, with dwindling production due to low demand. Uganda has 12 steel mills with a production capacity of more than 500,000 tonnes annually, but the country’s steel …
Read More »Museveni pledges to cut electricity tariffs by sh200 per unit
Manufacturers in Uganda can look forward to reduced costs of electricity and interest rates as the country helps to boost the sector and create jobs, President Yoweri Museveni has said. He said the aim is for manufacturers to pay sh169.39 ($5cents) per unit up from sh372 ($11cents) for electricity per …
Read More »UMA rejects the proposed automatic tariff review
By Julius Businge The Uganda Manufacturers Association has issued a statement opposing the Electricity Regulatory Authority’s (ERA) planned move to review and implement the automatic power tariff scheme for the next seven years, the body said in a press statement published in a daily newspaper on Dec. 5. “UMA is …
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