Kampala, Uganda | THE INDEPENDENT | Netflix is introducing limits on password sharing in four more countries: Canada, New Zealand, Portugal and Spain, the BCC reported on Feb.10. Customers in those countries are being asked to pay an extra fee if they want friends and family who don’t live with them …
Read More »East African Community inches towards financial integration
EAC has finally sanctioned the creation of an East African Financial Services Commission, but the process of achieving regional monetary union is running way behind schedule Kampala, Uganda | Neil Ford | The East African Legislative Assembly (EALA) in December last year passed a bill establishing the East African Financial Services Commission …
Read More »AYOTA: NSSF has not purchased Nakigalala land yet, clarifies on Sh400b budget claims
Kampala, Uganda | THE INDEPENDENT | The National Social Security Fund (NSSF) Ag. Managing Director Patrick Ayota has clarified that the purported purchase of Nakigalala land has not yet taken place, and UGX 400b was budgeted for 2 pieces of land – one at Nakigalala and another at Nakawa following …
Read More »Google reassures on artificial intelligence
Kampala, Uganda | THE INDEPENDENT | Google is searching for ways to reassure people that it is still out in front in the race for the best artificial intelligence technology. And so far, the internet giant seems to be coming up with the wrong answer. An advert designed to show off …
Read More »Trade-based money laundering
New report sheds light on illicit activity in Uganda Kampala, Uganda | RONALD MUSOKE | A new report analysing the scope and characteristics of global trade-based money laundering has found that the illegal activity poses complex problems for law enforcement and undermines development; especially in poorer countries like Uganda. The study, …
Read More »Africa’s share of global gas supply to double by 2050 – report
The continent will be responsible for over 11% of all gas supplies by 2050, study finds. Johannesburg, South Africa | BIRD AGENCY | Africa’s gas share in the global market will increase to over 11% of all gas supplies by 2050, according to a report by Gas Exporting Countries Forum …
Read More »January revenue surplus gives URA hope of meeting year’s target
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority reports a surplus collection for the month of January 2023, giving hope of meeting the year’s target of 25 trillion Shillings. The 14-billion-shilling surplus has reduced the shortfall that was registered for the first half of the financial year 2022/2023 from 94.6 …
Read More »Egypt enters world’s top ten emerging domestic logistics markets
A booming startup ecosystem, industrial parks and port development are lifting Egypt’s investment attractiveness and global development rankings Cairo, Egypt | BIRD AGENCY | Egypt has edged out Turkey from the list of the world’s top ten largest domestic logistics markets, a new Index shows. A vibrant and fast-growing start-up …
Read More »Ethiopian Airlines adds two Chinese cities to its cargo destinations
Addis Ababa, Ethiopia | Xinhua | Ethiopian Airlines, Ethiopia’s national flag carrier, announced that it has added the southern Chinese cities of Xiamen and Shenzhen to its cargo destinations. In a press statement issued late Friday, the airline said it has already started two weekly freighter flights connecting Xiamen with the Brazilian …
Read More »10 reasons why you should visit Uganda this year!
SPECIAL FEATURE | THE INDEPENDENT | Why visit Uganda 2023/2024? Uganda is distinct – described by Winston Churchill as “The Pearl of Africa”, and indeed it is! Boasting of its remarkable beauty, abundant wildlife, birdlife, and spectacular landscapes characterized by the tallest mountain ranges with snowcap, the Source of the …
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