Market News
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Tanzanian start-up turns urban waste into 'plastic lumber'
Posted on :Wednesday , 19th July 2017
A young Tanzanian entrepreneur is turning the country’s mounting plastic waste into "lumber" to help meet demand for housing in its growing cities, in an effort to reduce depletion of forests.
Christian Mwijage decided he could tackle those problems in one go - by turning discarded plastic bottles into building materials that can be used instea. . .Catalyst buys stake in regional printing firm
Posted on :Wednesday , 19th July 2017
Private equity firm Catalyst Principal Partners has acquired a minority stake in regional printing and packaging family business Kensta Group.
Catalyst Managing Director Rajal Upadhyaya Monday said the funds received would be used to expand Kensta’s subsidiaries in Kenya, Uganda, Rwanda, Zambia and Tanzania.Mr Rajal did no. . .UIA rewards best investors
Posted on :Wednesday , 19th July 2017
The Uganda Investment Authority (UIA) has for the last 24 years been recognising outstanding investors in the country.
The winners, over the years have included Rwenzori Highland Tea Co. Ltd, Ngege Ltd, Kabojja Secondary School, Hotel Africana, Van Zanten Uganda Ltd, MTN (U) Ltd, Century Bottling Company Ltd, Rene Industries and Kasese Cobalt Co. Ltd.<. . .Africa's plastic & printing industry is reporting high growth
Posted on :Wednesday , 16th August 2017
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