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Farmers turn to digital solutions as rescue plan

Farmers turn to digital solutions as rescue plan January 6, 2021 Farmers use a tab in the field Like many of their peers in the other industries, most small companies in the agriculture sector saw their revenues wiped out as the coronavirus disease pandemic suppressed demand, a recent study showed. About 82 per cent agri-SMEs reported a severe decline in business activity arising from the outbreak of Covid -19 and the subsequent containment measures, the study by the Economic Policy Research Centre shows. The study is yet another pointer of the grim outlook that small businesses involved in commercial agriculture face, especially when it comes to accessing cheap credit.

Covid-19 weighs on minds of top executives

Covid-19 weighs on minds of top executives Friday January 01 2021 Summary In the New Year, some of the chief executive officers (CEOs) who talked to Daily Monitor, expect a meagre or mixed performance from the economy on account of contracted growth and subdued government spending. With every nerve of the economy affected by the pandemic in one way or another, the war against the virus is not yet won. The deaths continue as well as infections. Advertisement As Uganda welcomes the New Year today, economic conditions in the country like elsewhere in the world, remain bleak. The pandemic has brought the economy to its knees due to a combination of global supply chain disruptions and sudden decline in demand. This is in contrast to the optimism that prevailed before the crisis.  

New industrial policy puts emphasis on value addition

Daily Monitor Thursday December 31 2020 Women work in a textlie factory. The industrial value chains targeted for immediate investment are in agro-based industries, such as textiles. PHOTO | Kelvin Atuhaire Summary A statement from the ministry indicates that the new policy passed this month consolidates the achievements of the National Industrial Policy 2008; and gives new direction to the industrial sector for the next 10 years, taking into account the emerging issues in the economy. Advertisement Cabinet has approved the National Industrial Policy 2020, which will shape the country’s industrial growth and development over the next 10 years. According to the Trade Minister, Amelia Kyambadde, the implementation of the new policy takes effect this financial year.

Uganda: Inside Candidates Plan to Put Money in Your Pocket

Uganda: Inside Candidates Plan to Put Money in Your Pocket
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