Awards

Awards

Abacus Parenteral Drugs Ltd wins “Investor of the Year 2009” payday loan law award

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Abacus Parenteral Drugs Ltd, renowned for its production of Intravenous (IV) fluids, was crowned overall Gold Winner for the “Investor of the Year 2009” award, beating 23 finalists in the process.

In response to the Government’s call for increased investment in manufacturing of pharmaceutical drugs, the company invested over US$ 18.9 million (USh 36.8 billion) in its acquisition of a plant and machinery to produce IV fluids. Commonly used in injections, eye and eardrops, the production of the IV fluids in Uganda will save the country the exorbitant cost of importing the drugs from India and Europe.

Through its expansion, the company also created employment for 270 Ugandans, especially by recruiting new graduates of Industrial Chemistry from Uganda’s major universities.

At the event payday loans in las vegas nv organised annually by the Uganda Investment Authority, both big and small investors countrywide responded to the theme ‘Competitiveness through science and technology’, which sought to encourage excellence, efficiency and creativity in the field of science and technology. Mr Patrick Bitature, Chairman of the Authority, said: “Uganda attracted investment worth US$ 2.3 billion (USh 4.4 trillion) of planned investment and this came from 439 projects. In the same planned investment, 51,146 jobs were [created] compared to the 40,000 jobs recorded in 2008.”

Kiboko Enterprises Ltd win the KACITA Award for Best Detergent 2011 & 2012 (Ariel)

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Kiboko Enterprises Ltd emerged victorious as the winners of the Best Detergent category with Ariel Micro-Cleaning booster brand during the Kampala City Traders Association’s (KACITA) annual quality awards function how do i apply for student loans under which consumers are given the opportunity to choose and determine the best products.

KACITA’s Chairman, Mr Everest Kayondo, remarked that the escalation of fake products had gained ground because consumers lacked the awareness from manufacturers on how to distinguish genuine products from fake ones. “Consumers are losing money and their lives are exposed to risks because of buying and consuming counterfeit and fake products. This problem is getting rampant because most manufacturers don’t integrate the element of differentiation in their marketing strategy to enable customers take rational and risk-free choices,” he said.

According to KACITA, strengthening consumer awareness by manufacturers should be considered as one of the cardinal tools for countering the proliferation of counterfeit products on the market.

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