Kampala, Uganda | THE INDEPENDENT | The Director General of the Uganda Investment Authority (UIA), Robert Mukiza, has affirmed that the progress of establishing the Industrial Park in Kisoro district remains on track. The Kisoro district authorities allocated 620 acres of Kibaya land in Bunagana and Rukundo Town councils to …
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ISLAMABAD, Pakistan | Xinhua | The economic recovery in Pakistan continues at a steady pace, bolstering business confidence and market sentiment, Pakistan’s Ministry of Finance said on Wednesday. “Despite significant challenges, the overall economic outlook is optimistic, marked by receding inflationary pressures, positive prospects in agriculture, signs of potential recovery …
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BRASILIA, BRAZIL | Xinhua | Brazil’s financial market maintained its 2023 economic growth forecast at 2.92 percent, but slightly upgraded the expected expansion in gross domestic product (GDP) in 2024 from 1.51 percent to 1.52 percent, the Central Bank of Brazil said Tuesday. In keeping with its latest Focus survey …
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KIGALI, RWANDA | Xinhua | There is a new sight on the streets of Kigali, the capital city of Rwanda: new electric vehicles whizzing among the old gasoline-powered vehicles. The Kigali city authorities in partnership with BasiGo, a Kenyan based company launched the pilot electric buses in public transport earlier …
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NAIROBI, KENYA | Xinhua | Kenya’s economy grew 5 percent in 2023, up from 4.8 percent in 2022 despite continued challenges, the World Bank said in a report released recentlyy. According to the World Bank’s 28th edition of Kenya Economic Update (KEU), the improved growth was buoyed by a strong …
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Kampala, Uganda | THE INDEPENDENT | In a landmark move aimed at enhancing value addition to Ugandan minerals before export, the Minister of Energy and Mineral Development, Dr. Ruth Nankabirwa Ssentamu, has signed a new statutory instrument that sets higher purity levels for tin exports. The instrument was signed at the …
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KAMPALA | Xinhua | China National Offshore Oil Corporation (CNOOC) Uganda Limited said on Friday that it welcomed Uganda’s recent license granting for the company to construct the liquidized petroleum gas (LPG) facility on the shores of Lake Albert in western Uganda. Earlier this week, a cabinet meeting chaired by …
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Kampala, Uganda | THE INDEPENDENT | Uganda Breweries Limited (UBL) and SafeBoda have partnered to deliver UBL products directly to consumers during the festive season. Emmy Hashakimana – UBL’s Commercial Director – said, “This partnership is timely as our customers get to enjoy the festivities with the best quality products …
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Kampala, Uganda | THE INDEPENDENT | As the country gears up towards the Christmas and New Year festivities, Uganda Breweries Limited (UBL) has launched the Tokisussa “Drink Responsibly” campaign in which the organisation sensitises the public about the dangers of drunk driving, and the potential consequences of drunk driving, …
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Kampala, Uganda | THE INDEPENDENT | Three Ugandans have got an early Christmas present, after winning themselves a Toyota Hiace and two new motorbikes (boda bodas) in the Shell Club promotion. Vivo Energy Uganda, the leading distributor and marketer of Shell-branded fuels and lubricants in Uganda, announced the the latest winners of …
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