• EDITORIAL POLICY
  • ABOUT US
PML Daily
  • Home
  • NEWS
    • Politics
    • Education
    • Regional
    • Africa
    • World
  • INVESTIGATIONS
    • National Archives
    • Special Reports
  • OpEd
  • BUSINESS
    • Agriculture
    • Tech
    • Finance
  • FEATURES
    • Health
    • Tours & Travel
    • Entertainment
    • Society
  • COLUMNISTS
    • The Suited Penguin
  • SPORT
  • Jobs
  • Magazines
No Result
View All Result
  • Home
  • NEWS
    • Politics
    • Education
    • Regional
    • Africa
    • World
  • INVESTIGATIONS
    • National Archives
    • Special Reports
  • OpEd
  • BUSINESS
    • Agriculture
    • Tech
    • Finance
  • FEATURES
    • Health
    • Tours & Travel
    • Entertainment
    • Society
  • COLUMNISTS
    • The Suited Penguin
  • SPORT
  • Jobs
  • Magazines
No Result
View All Result
PML Daily
No Result
View All Result
Home NEWS

Nassar road startup secures over Sh1bn to expand

NINSIIMA JULIAN ?PML Daily Correspondent by NINSIIMA JULIAN ?PML Daily Correspondent
October 23, 2018
in NEWS
0 0
58
VIEWS
FacebookWhatsAppTwitter
Morning Start Enterprise manufacturers stationery for Ugandan institutions at Nassar road in Kampala. (PHOTO BY NINSIIMA JULIAN)

KAMPALA- Morning Star Enterprise (U) Ltd, a Ugandan company that manufactures stationery products has secured USD300,000 (about Shs1.1 billion) in mezzanine debt from iungo capital.

According to information obtained by this website, the money will be used to purchase raw materials.

Morning Star Enterprise manufactures stationery products mainly for educational institutions in Uganda and government agencies.

Located along Nasser Road in Kampala,

The use of paper products still has a huge market in the country and this could be a good move by Morning Star Enterprise if well executed.

Iungo capital is an investment company that provides finance and support to East African SMEs.

The company works with local angel investors and it is also supported by organizations like The DOEN Foundation, Schooner Foundation, Argidius among others.

Comments

Tags: 1bNASSAR ROADtop

Related Posts

Speaker Kadaga accused Ms. Kasule Lumumba of embezzling money meant for youth in the Busoga region (PHOTO/Courtesy)
NEWS

Speaker Kadaga explains Museveni loss in Busoga

January 23, 2021
8
Miria Matembe
NEWS

Independent Miria Matembe defeated by NRM flag bearer in elderly MP race

January 23, 2021
8
Zimbabwe's Minister of Transport and Infrastructural Development Joel Matiza died of coronavirus (PHOTO/Courtesy).
AFRICA

Another Zimbabwean minister dies of COVID-19 within a week

January 23, 2021
28
Health Cabinet Secretary Mutahi Kagwe (PHOTO/Courtesy)
Regional

Kenya launches robots to cushion health workers from COVID-19 risks

January 23, 2021
25
UN Secretary-General António Guterres. (UN Photo)
AFRICA

Humanitarian aid in Ethiopia’s Tigray insufficient – UN

January 23, 2021
20
South African President Cyril Ramaphosa (PHOTO/File).
AFRICA

S. Africa proclaims law which forces political parties to disclose funders

January 23, 2021
47






 

 

About

The PML Daily, published via www.pmldaily.com is a publication of Post Media Ltd, a professional Digital/New Media company in Uganda.

Follow us

KIU

  • EDITORIAL POLICY
  • ABOUT US

© 2020 PMLDAILY.COM

No Result
View All Result
  • Home
  • NEWS
    • Politics
    • Education
    • Regional
    • Africa
    • World
  • INVESTIGATIONS
    • National Archives
    • Special Reports
  • OpEd
  • BUSINESS
    • Agriculture
    • Tech
    • Finance
  • FEATURES
    • Health
    • Tours & Travel
    • Entertainment
    • Society
  • COLUMNISTS
    • The Suited Penguin
  • SPORT
  • Jobs
  • Magazines

© 2020 PMLDAILY.COM

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In