Search Results for: Uganda

BY PAUL COCHRANE, IN BEIRUT; AND MOHAMMED YUSUF, IN NAIROBI

IN late January, oil production and exports came to a halt in South Sudan over a transit pricing dispute with its former overlord north Sudan. With no compromise in sight, the newly independent Africa country is mulling other transport options, but, even if production were to resume, it will be months – at best – before its oil sector gets back on its feet.…

BY MJ DESCHAMPS

THE POOREST countries in the world have an unprecedented opportunity to attract investment in the pharmaceutical sector, according to a new report by the United Nations Conference on Trade and Development (UNCTAD).

The study stressed how large research and development-based pharmaceutical transnational corporations facing the expiration of blockbuster drug patents are entering into partnerships with profitable generic manufacturers in developing countries as a survival strategy.…

BY KEITH NUTHALL

A WORLD Bank has promised to help set up a petroleum industry training centre in Uganda, as it expands its oil sector. In a briefing note on its Ugandan policies, the bank promised policy advice on revenue and public investment management, managing production in environmentally sensitive areas and development programmes for nearby local communities.…

BY KEITH NUTHALL

SUB-SAHARAN Africa might not be the obvious choice as the hub of a new thriving regional pharmaceutical industry, but the World Bank and a key African multi-national economic community think so. The Common Market for Eastern and Southern Africa (COMESA) has launched a detailed strategy to foster medicine manufacture and World Bank managing director Dr Ngozi Okonjo-Iweala thinks there is every chance the industry can grow south of the Sahara.…

BY KEITH NUTHALL

HIGH sugar prices and tight supplies are a constant worry for confectionery manufacturers this year, and the European Union (EU) has been trying to keep these problems under control. The International Monetary Fund (IMF) has estimated that global prices rose 81.4% from last July (2010) to this January (2011) and the EU has taken action.…

BY JOHN K AGUNDA

IF there was one African country where a business forum on ethics was most appropriate, it might well be Tanzania, given its immediate post-independence history of socialism and self-reliance.

Those purist 1960s and 1970s days of former President Julius Nyerere and his ‘ujamaa’ leftism are now history, of course, with Tanzania, very much part of the gloablised liberal capitalist mainstream.…

BY KEITH NUTHALL

THE MULTILATERAL Investment Guarantee Agency (MIGA) of the World Bank is planning to guarantee a US dollar USD2.1 million investment in Uganda by Italian chocolate producer Icam. This would fund the building of three cocoa processing plants, operated by subsidiary Icam Chocolate Uganda Limited in three cocoa-producing regions.…

BY BARBARA BIERACH

WHILE the Reserve Bank of Australia has a licence to print cash, two subsidiaries wanted one too, it seems – only using international sales agents to bribe foreign public officials over banknote printing contracts. Barbara Bierach reports from Sydney.…

BY DEIRDRE MASON

SALES of new cars are still holding up surprisingly well despite the global downturn, but within a few years of their purchase, how many of them will be running on retread tyres?

The signs are that the market for retread and recycled tyres will grow, as world demand for rubber grows, particularly in China.…

BY MOHAMMED YUSUF

Aga Khan University plans major new Tanzania campus

Mohammed Yusuf

The Aga Khan University – the Pakistan-based international multi-site higher-education institution – is planning to open a new campus in Arusha, Tanzania. The campus would house an arts and science faculties and educate up to 3,000 students from across east Africa.…