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The Kyabazinga of Busoga Wilberforce William Nadiope Gabula IV has called upon Ugandans to support local manufacturers by buying their products. His Majesty Gabula made the plea while on a visit to Luuka Plastics factory as part of an effort to promote the use of locally sourced and locally produced goods and services. [caption id="attachment 120782" ....
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Plastic companies wary of rising cost of inputs Monday May 03 2021 Plastic manufacturers say that raw materials have increased by almost 100 per cent in just a year. PHOTO | Courtesy Summary The price hike has been mainly caused by diversion of most raw materials from UAE to US to cover a huge shortage in the country. Advertisement Plastics manufacturers have said the increasing cost of raw materials from source markets is expected to impact local prices in the near future. This comes at a time when, according to manufactures, a tonne of raw plastic materials, a key input in the manufacture of plastic products, has increased by nearly 100 per cent from $900 (Shs3.3m) a year ago to $1,900 (Shs7m). ....