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By Kiwewa Faisal   Value addition could be defined in these 3 ways, Accounting: Alternative term for gross income Economics Difference between the total sales revenue of an industry and the total cost of components, materials and services purchased from other firms within a reporting period (usually one year). It is the industry’s contribution to the gross domestic product GDP and is the basis on which value added tax (VAT) is computed. Marketing This is Creation of a competitive advantage by combining or packaging features and benefits that result in greater customer acceptance. For a long time, farmers in Uganda have earned low returns because they lack the means or the partners to convert their harvests into products with a longer shelf life and a bigger market. Low levels of agro processing have also denied young people jobs, especially in the rural areas, which lack factories to process farm produce such as fruits, milk, grains and vegetables. As a ...

By Kiwewa Faisal The year 2015 has been characterized by several economic factors, but it has been majorly the low global commodity prices and high interest rates from commercial banks. When the economies in Europe are not doing well, they reduce on spending when the demand for some commodities goes down, the prices fall. Some of these commodities include exports like coffee, cotton, tea and cocoa. And other hard commodities like Petroleum, metals, etc. 2015 was thus characterized by low commodity prices. The speculators had started putting up ware houses, amenities, and businesses in the Albertine region but when the oil prices went down the activity slowed down, government has however done some licensing so some investors are likely to come in next year, and some oil has also been discovered in Kanungu.   The low oil prices would be advantageous to low developed economies    that use oil machinery by reducing the cost of production, for example if one ha...