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THE country should invest in research to come up with better yielding cotton varieties to improve the current ginning capacity from the 220 000 tonnes to 700 000 tonnes by 2010.
ZIMBABWE Stock exchange-listed Celsys Limited suffered a US$635 000 operating loss as operating expenses ran ahead of turnover in the 14 months to August.
The Local Government Minister has directed Gulu Municipal authorities to hand over the management of the main market to vendors.
Coffee farmers in Uganda will find it hard to meet their daily cash flow needs as the country continues earning less from its exports to the international market.
Two exceptional statements reflect Sylvia Owori's take on business: "I love taking risks," and "I have no room for failure." Undoubtedly, these are statements of a true pioneer with clear entrepreneur skills in the fashion, media and modelling businesses.
Being self employed in Uganda carries with it responsibility to sort out your own tax affairs.
Uganda is likely to be a top - 50 oil producer by 2015 and on course for 100,000-150,000 bpd of oil in five years. However, waxy crude oil will require heated pipeline for transport, reports Reuters.
A total of 41 lucrative small to medium size companies are interested in selling some of their shares to the public via Uganda Securities Exchange, a new study has revealed.
On Thursday last week the eagle-eyed financial world woke up to shocking news from Dubai - one of Uganda's leading import markets. Dubai World, a holding company that manages an array of businesses and projects for the Dubai government had the day before placed in a request to its financiers to freeze its debt obligations and extend maturities for six months.
"Selling" is often confused with "marketing" but whilst related, the two disciplines are absolutely different. The best analogy I can use as an example of the difference is the Arsenal Football team where by the brilliantly creative Cesc Fabregas is the "marketeer" providing the creative environment for the "salesman" i.e. Robin van Persie to close the move and strike for goal.
Mr Didymus Byenkya Kato is the Ag. managing director ATACO Freight Serves Limited, a key player in the export and import of cargo in East Africa. He spoke to The Monitor about the freighters experience during the year.
High levels of production and employment are vital for robust domestic revenue generation in any economy. But in many African countries, tax bodies levy charges on a small base of goods and services produced in the developing economies by industrialists.
Local sprinters will continue forking out funds to compete in Kenya and other neigbouring countries in order to qualify for major international championships.
As the world's media focuses its attention on the Fifa World Cup 2010 Final Draw in Cape Town on December 4, few will be aware of the impact the tournament may have on the lives of vulnerable women and children targeted by trafficking syndicates.
Fuel scarcity currently being experienced in Lagos and Abuja is artificial and has its roots in a recent directive issued to Petroleum Tanker Drivers (PTD) by the national leadership of the National Union of Petroleum and Natural Gas Workers (NUPENG), the Nigeria National Petroleum Corporation [NNPC] said yesterday.
The Security Council today renewed for another 12 months the authorization for States and regional organizations fighting piracy off the Somali coast to enter the strife-torn country's territorial waters and "undertake all necessary measures that are appropriate in Somalia" provide they have the transitional government's consent.
The Ministry of Energy has awarded KenolKobil the tender to import 160,000 metric tons of Murban crude oil for processing in the month of January.
The President of the Nigerian Society of Engineers, Engr. Kashim Abdul Ali, has said local engineers hold the magic wand to resolving the country's perennial power challenges, if given more roles to play by the government.
In line with its objective of increasing exploration and production of hydrocarbon resources with a view to growing the nations oil reserves to 40million barrels of crude, the Federal government on Tuesday renewed the leases of OLS 67, 68 and 70 shallow waters with Mobil Producing Nigeria Unlimited, under the NNPC/Mobil Producing Nigeria Joint Venture operation.
IN less than four weeks, the December 31 deadline target by President Yar'Adua government to give Nigerians 6000megawatts electricity will elapse and as expected, evidence on ground indicate that the government fell far bellow the target. One group which right from the onset and consistently dismissed the target is a mirage, is the organized labour in the sector.
The Nembe community in Bayelsa State and Shell Petroleum Development Company of Nigeria Ltd., (SPDC) have jointly commissioned 12 different development projects executed by the community under the Global Memorandum of Understanding (GMoU) initiative.
ABUJA In a bid to put to rest the perennial artificial fuel scarcity in the country, the Nigerian National Petroleum Corporation (NNPC) said, Thursday, it has concluded arrangements with some Independent Marketers to take over their filling stations in order to sustain steady fuel supply.
DR. Emmanuel Eweta Uduaghan, is the executive governor of Delta state, a major oil and gas producing state noted for several positives but like its neighbouring states often caught in the eye of the storm militancy, pipeline vandalism and piracy.
OIL producing communities in Edo State have condemned what they described as deliberate exclusion of their people from the post-amnesty committee set up by the federal government.
With barely a month to the end of the deadline by the Federal government for the actualization of 6,000 megawatts of electricity across the country, it is not surprising that the major actors on the scene are beginning to look askance, and seek plausible excuses and explanations for why the arrow is far from hitting the target.
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