Category «Business»

Seeds of Gold Farm clinic on today in Lira

By Ritah Kemigisa The Daily Monitor 17th seeds of gold farm clinic is on today in Lira. Among the key issues to be discussed are the challenges that financial institutions face when venturing into agricultural finance. The chief operating officer at Agricultural Business Initiative (aBi) Francis Chesang, who are partnering with NMG for this farm clinic earlier said they will also provide agribusiness experts to educate the participants on how to improve their livelihoods with the money they get from produce. He also promised participants to be given information on how to have access to their grants and loans with a small interest which they give out to farmers to help boost their agribusinesses. The managing director Nation Media Group – …

Seven peanut butter products from Kenya banned

  By Ritah Kemigisa The Uganda National Bureau of Standards (UNBS) has suspended the importation, sale and distribution of seven peanut butter products from neighboring Kenya. The bureau’s public relations officer Godwin Muhwezi says the seven products have been suspended after laboratory tests carried out by the Kenya Bureau of Standards (KEBS) confirmed high levels of aflatoxin contamination. Aflatoxins are poisonous carcinogens that are produced by certain molds which grow in soil, decaying vegetation, hay, and grains including ground nuts from which peanut butter is made. The suspended peanut butter products include;  Nuteez Jetlak Foods Limited, Zesta Trufoods Limited, Nutty by Nature Target Distributors,True nuts, Supa Meal from Supacosm Products Limited, Sue’s Naturals Nature’s Way Health and Fressy by Fressy …

City traders urged to embrace non-motorized transport

By Prossy Kisakye KAMPALA: Kampala Capital City Authority has urged city traders that claim to be affected by the non motorized transport with the pilot study at Namirembe Road to be patient because it is meant to benefit them. The manager transport planning and management in KCCA Joel Wasswa explains that since the system gives pedestrians a chance to move freely without interference from vehicles, more customers will be attracted to shop from down town hence boosting city trade. He urges Ugandans to learn to welcome change in their lives in order to discover new interesting opportunities. His remarks follow several complaints from traders operating along Namirembe Road and Kikuubo Lane that the non-motorized transport has driven away customers. Mr. …

Karuma dam may not be commissioned this year – UEGCL

By Ritah Kemigisa The 600 Mega Watt Karuma Hydro power dam may not be commissioned this year as earlier projected. This has been revealed by the Uganda Electricity Generation Company Limited Corporate (UEGCL) affairs manager Simon Kasyate. Mr. Kasyate says although the dam will be ready by December this year, challenges with construction of the transmission evacuation lines will delay the commissioning. He says the physical progress of the dam is over 95% done, with the installation of hydro mechanical and electrical parts, and generator unit already in place and the remaining work progressing well. Mr. Kasyate says the construction of the transmission lines like Karuma-Kawanda power line has been delayed by compensation issues and vandalism. The $1.7 billion dollar …

Egypt Air Corporation sued for failure to deliver wedding gifts 

  By Juliet Kigongo A woman has dragged Egypt Air Corporation to the Commercial Court seeking Shs50million in compensation for allegedly failing to deliver wedding gifts worth Shs10 million to her client in the United States of America. Ms. Jackline Ntarutaimana claims she paid the company about Shs400,000 as freight charges for a consignment which was to be urgently delivered to her client before April 29, 2016 -the day of the wedding. Ms.Ntarutaimana says that even after the goods were delivered at Entebbe International Airport on April 7, cleared and released for export to New York John F Kennedy Airport, her client did not receive them and to date nothing has been done by the company. She says that her …