Compedium of Diaspora opportunities




This business idea is for cutting and polishing synthetic gem. . Synthetic gems are widely used in preparation of imitation jewelry and also in decorative jewelry, fancy articles, mirrors, slip-ons, ready-made garments and bitenge. The business idea aims at production of 5,000 units per month which translates into 60,000 units annually. The revenue potential is estimated at $US 10,055 per month, translating into $ 120,660 per year with a sales margin of 15%. The total capital investment for the project is $ 6,860.

Technology and Production Process

The Tools and Equipments used include: a slicing machine, a performing machine, faceting machine, tools and other items and office furniture. The raw materials are cutting plates and synthetic gems.

The rough gem crystal is cut on a thin steel plate and is fed with real diamond dust mixed with water. The work done in cutting the rough gem crystal gives deep horizontal and vertical cuts on the rough gem which are chiseled and hammered out to get a fine gem.

Due to its fragile nature, it breaks into rough coned pieces. The rough pieces are mounted with a pitch and shell on the edge of bamboo stick, which is pressed against rough carborundum wheels. Finally, proper facing and polishing of rough-cut pieces is done by using grinding lap made of gun metal, copper, lead, etc.


Capital Investment Requirements

Capital Investment item Qty @ Amount
Slicing machine 1 1,280 1,280
Performance machine 1 700 700
Faceting machine 1 3,380 3,380
Office Furniture 4 800 3,200
Others 1 500 500
Total     9,060

Production and operation costs in us $ Direct materials, supplies and costs

Cost item Units @/ day Qty/ day Cost/ day Cost/ month Cost/ yr
Direct Costs Cutting plate pcs 12 19 228 5,928 71,136
Synthetic Gems pcs 10 19 190 4,940 59,280
Other Materials pcs 0 1,708 20,496
Subtotal   22 38 418 12,576 150,912

General Costs

Admin.expenses 500 6,000
Labour 2,500 30,000
Utilities 650 7,800
Rent 1,000 12,000
Selling & Distribution 542 6,500
Depreciation 189 2,265
Miscelleneous 375 4,500
Subtotals 5,755 69,065
Total operating Costs 18,331 219,977

Projected Monthly Revenue

Project product costs and Price structure in US$

Item Qty/ day Qty/yr @ Prodn/ year UPx Revenue
Jewerly Rings 150 46800 4.7 219,977 5.5 257,400

Market Analysis

Synthetic gems are widely used in preparation of imitation jewelry, decorative/fancy articles, mirrors, slip-on and ready-made garments. Apart from domestic market, synthetic gems can also be exported.

Sources of Supply of Equipments and Raw Materials

The equipments and raw materials can be imported.




Central Scotland’s First Rum Distillery to Launch Crowdfunding Campaign in Response to Demand

Following overwhelming response to the launch of Central Scotland’s first rum distillery, Matugga Distillers is launching a £30K crowdfunding campaign.   Since the opening of the distillery in October, husband and wife ...
by wmutenza



, Lecturer in Marketing School of Business, University of Leicester Exploring the nature and prospects of frugal innovation in Uganda and what are the opportunities that exist to foster frugal innovations in Uganda.   Dr W...
by wmutenza


Hon. Amongi Betty Ongom (MP), Minister of Lands on policies, legal frame work…

The Minister gave an overview of the housing sector in Uganda. She appreciated the fact that this year’s convention attracted a number of development companies from Uganda including Jakana heights, Roofings Ltd Uganda, Comfor...
by wmutenza



Lessons learned from the Uganda-UK Convention | Ade Daramy

By Ade Daramy, Writer, Broadcaster and Press Officer Is one question I will always get asked at least one question: “You’re not a Ugandan, and yet, you are here every year, why is that?”.   Ove the years, my answers ...
by wmutenza


Message from Vice Chairman, Uganda-UK Convention – Bernard R. Magulu

By Bernard R. Magulu, Executive Director, Bank of Africa (Uganda), (Vice Chairman, Uganda Convention UK) “Uganda the Land of Opportunities, Landlocked but Road Linked” the 360% Geographical Orientation for Investors providi...
by wmutenza



Examining free trade agreements (FTAs) and boosting intra-regional trade

Examining free trade agreements (FTAs) and boosting intra-regional trade Nicholas Tate, Managing Director, Tate Freight Forms Ltd. In considering the positives and negatives of key agreements, are trade blo...
by wmutenza


Harnessing the potential of the youth to accelerate economic growth.

Presentation: Dennis Aguma, Lecturer, Kingston University, London Doctoral Student (PhD Entrepreneurship) Birmingham City University. In light of Uganda’s demographics, Dennis Aguma’s presentation was intended to challenge...
by wmutenza



Untapped investment opportunities Manufacturing | Agri-Business Health and Service industry

Panel discussion: untapped investment opportunities Manufacturing | Agri-Business | Health and Service industry Discussed points What are Africa’s Export Opportunities and Challenges to European and North American markets? Ho...
by wmutenza



INVESTMENT OPPORTUNITIES IN CONSTRUCTION, INFRASTRUCTURE AND REAL ESTATE Panel discussion: 3-4 industry lead speakers from UK and Uganda HOUSING: Understanding market demand, and addressing the disconnection between the price o...
by wmutenza


Outlining the UK’s export growth strategy – Lord Dolar Popat

PRESENTATION: UK TRADE AND FDI – Outlining the UK’s export growth strategy By Lord Dolar Popat, UK Prime Minister’s Trade Envoy to Uganda and Rwanda   How can investment by the United Kingdom help improve skills in U...
by wmutenza



2018 | Welcome remarks: H.E Amb. Julius Peter Moto Uganda’s High Commissioner to the UK

H.E Amb Julius Peter Moto welcomed everybody to the 8th Annual Uganda – United Kingdom Trade and Investment Convention. He stressed that Uganda High Commission and Government of Uganda is happy to associate with Uganda UK Con...
by wmutenza


Thank you for supporting the 8th Ugandan Convention-15th Sept2018!

The Uganda UK Convention wishes to express its deepest thanks to Hon Betty Amongi Ongom, Minister of Lands Housing and Urban Development, Uganda and Lord Dolar Popat, UK Prime Minister’s Trade Envoy to Uganda and Rwanda. The ...
by wmutenza



UK suppliers sought for Uganda airport works

  UK suppliers are being sought for works on Uganda’s international airport. SBC (Uganda), a UK-incorporated joint venture between Colas and SBI International Holdings AG, are looking for UK contractors to work on the UK...
by wmutenza


UK company to construct New Ugandan Hoima International Airport | Uganda 8th Convention UK

Colas UK is a UK subsidiary of French civil engineering firm, Colas Group, and local construction company SBI. This   project, a Transport infrastructure firm will be supporting the construction of a new airport in Kabaale f...
by wmutenza



Universal Multi-purpose Entreprise group takes affordable housing investment to Ugandans in UK.

Affordable Housing is the leading real estate in Uganda managed by Universal Multi-purpose Entreprise group will be showcasing over twelve affordable housing projects in Uganda at the 8th Investment Convention scheduled for 15 ...
by wmutenza



Be the first to comment!

You must be logged in to post a comment.

WP Facebook Auto Publish Powered By :