Covid-19 lockdown exposes the soft underbelly of East Africa industries
The unprecedented global economic disruption that the Covid-19 pandemic has triggered has brought up urgent questions about the resilience of economies, with East Africa being no exception. We are faced with the daunting reality of the capacity of the region’s economies to recover from the severe short-term constraints and their ability to benefit from new…
June 2, 2020
With right partners, investors in EAC hit profit targets
East African economies have sought industrialisation for the last 50 years. Although there has been some progress, full realisation of that objective remains elusive. What has been achieved instead is an efficient services sector across Kenya, Uganda, Tanzania and Rwanda that by 2018 accounted for 47 per cent of the region’s Gross Domestic Product. East...
March 12, 2020
Plenty to Sustain Hope that Africa Industries of the Future will Deliver
A peek into Africa’s crystal ball shows a continent confident in its future. It has the people, large reservoirs of the world’s most prized resources and the post-digital advantage of huge amounts of knowledge from all the previous epochs. This sleeping giant’s iterations of learning, trying and failing, and achieving will be more rapid than...
January 24, 2020
Reset Global People and Pulse announce the top 100 women CEOs in Africa
Reset Global People in partnership with Pulse and Avance Media has announced the inaugural list of the Top 100 Women CEOs in Africa ahead of the African Women CEOs Summit scheduled for July 2020 in Lagos, Nigeria; a ranking which highlights and recognizes the accomplishments of women CEOs from across 24 countries across the continent....
December 20, 2019
A business icon is gone, but what he stood for lives on
Most sad to say, Tanzania has lost to the Grim Reaper one of its most illustrious pillars in entrepreneurship and the private sector in general, Ali Mufuruki, who died yesterday in Johannesburg. The holder of a BSc degree (1986) in mechanical design engineering from Reutlingen University in Baden-Württemberg, Germany, Mufuruki was a prosperous businessman, founder...
December 11, 2019
A borderless Africa is inevitable, Kusi Festival panellists say
Africa will mature by giving priority to its own citizens, especially its millennials, who are the most hopeful generations across the world. Speaking during a panel discussion at the ongoing Kusi Ideas Festival at Intare Arena in Kigali Rwanda, Mukhisa Kituyi, the Secretary-General of the United Nations Conference on Trade and Development (UNCTAD), said that...
December 11, 2019
Catalysing jobs for East Africa’s rising youth population
Poverty and inequality of opportunity are the two economic challenges that plague many a family in East Africa, a region with a growing youthful population that remains largely outside the formal economy and who face an uphill task not only in finding a job, but also in deriving value from every shilling that they earn....
December 8, 2019
East Africa’s water bodies are sparkling and blue, they hold our future in their depths
East Africa (Kenya, Tanzania, Uganda and Rwanda) has huge potential to exploit in its more than 2,800-kilometres of coastline, the waters of the inland sea of Lake Victoria and the numerous lakes and rivers that already provide the livelihoods of millions of people. That said, it must be recognised that the development of the blue...
November 27, 2018
New policy will spur investment
The government is keen to deliver President Uhuru Kenyatta’s ‘Big Four Agenda’ because it will help Kenya to boost investments in order to attain the Vision 2030 target of at least 32 per cent of the GDP, which, in turn, will accelerate economic growth, create jobs and enhance wealth creation. This will not be an...
October 25, 2019
The Africa we want for the next 60 years
More than 800 participants, including several African heads of state, innovators, captains of industry and entrepreneurs from around the world are expected to attend the Kusi Ideas Festival that is scheduled to take place next month in Kigali, Rwanda. The two-day conference organised by Nation Media Group (NMG) is not only part of its 60th…
October 25, 2019
Uganda smells $650m from new plan for its cotton sector
Uganda sees itself creating 50,000 new jobs and generating USD 650million in additional export revenues annually if it can pull off a new strategy for its cotton, textiles and apparels (CTA) sector. Part of the strategy envisages concentrated investment that would see five new vertically integrated textile mills set up over the course of eight...
August 14, 2019
Government bets big on revival of textiles sector
Government is betting on the cotton, textiles and apparels sector to create about 50,000 jobs and $650m annually in export revenues in a new strategic plan. The plan, which was validated by stakeholders last week, envisages investment into five new vertically integrated textile mills set up over a period of eight years to raise the...
August 14, 2019
New strategy to revamp Uganda’s textile sector
Uganda has completed the development of a strategy for its cotton, textiles and apparels sector that could generate 50,000 new jobs and $650 million in additional export revenues over the next eight years. The strategy, which is also supposed to feed into the third edition of the National Development Plan NDPIII, should result in increased...
August 13, 2019
High powered Uganda delegation in India to benchmark CTA development
A delegation of Ugandan officials is concluding a visit to Indian and Shri Lanka, on benchmarking trip that will inform a strategy for the development of the country’s own cotton, textiles and apparels industry. Led by junior minister for trade, industry and cooperatives Michael Werikhe, the delegation which set off on July 21 on Monday...
July 25, 2019
Government planning to revive cotton, textile sector
Government has identified cotton, textiles and apparel sectors to tap into its high potential for value addition, foreign investment and job creation. Uganda is now working on a new strategy to revamp the sector to benefit from the booming global market. The cotton, textiles and apparel sector ranks high under the third edition of the...
May 2, 2019
Uganda in plan to revive cotton, textile sector
The Uganda government has identified cotton, textiles and apparel sectors to tap into its high potential for value addition, foreign investment and job creation. Kampala is now working on a new strategy to revamp the sector to benefit from the booming global market. The cotton, textiles and apparel sector ranks high under the third edition...
April 30, 2019