Business

Kampala, Uganda | THE INDEPENDENT | Calling all startups, scale-ups, entrepreneurs and innovators! The first edition of Paint the Future – the AkzoNobel startup challenge is now open and ready to discover new and revolutionary solutions that will accelerate innovation in the world of paints and coatings. Spearheaded by the …

Tokyo, Japan | AFP | Toyota announced on Tuesday it was creating a joint venture with Panasonic to develop batteries for electric cars, as the Japanese auto giant ramps up its ambitions for electric-powered vehicles. The firm will be set up by 2020 and controlled 51-49 percent by Toyota, the Prius …

5 Kampala, Uganda | THE INDEPENDENT | The board of the regional oil marketer, Kenol Kobil, has approved the proposed takeover of the firm by the French based company, Rubis Energie. The shareholders, however, have until February 18 to accept or decline the offer, according to reports from Kenya’s local …

  Kampala, Uganda | THE INDEPENDENT | Uganda’s public relations firm, brainchild Burson-Marsteller, has rebranded to brainchild BCW (Burson Cohn & Wolfe), embracing the identity of BCW, one of the world’s largest full-service communications agency and Africa’s largest PR network. The development comes on the back of the 2018 global …

What Chinese, French domination of Uganda’s oil and gas supplier database means for Ugandan entrepreneurs Kampala, Uganda | RONALD MUSOKE | As pressure to develop key upstream infrastructure picks up with billions of dollars expected to pour into the Ugandan economy starting this year, focus is now turning onto who …

As the elites gather at #wef19, we reveal the true costs of under-taxation of the rich on the world's poorest. Download our latest inequality report, 'Public good or private wealth', here→ https://t.co/UHN0xcW1Fc #FightInequality #BeatPoverty pic.twitter.com/Txo0QoKc5S — Oxfam International (@Oxfam) January 21, 2019 Davos, Switzerland | AFP |  The world’s 26 …

Shanghai, China | AFP | After remarkable growth and change for decades, most economists believe China’s economy is entering a period of slower, steadier growth. The world’s second-largest economy grew 6.6 percent last year, government figures showed on Monday, the slowest rate since 1990. Here is a brief look at China’s …

Kampala, Uganda | THE INDEPENDENT | The Environmental Social Impact Assessment (Esia) report for the East Africa Crude Oil Pipeline (EACOP), has been finalized and handed over to the National Environmental Management Authority (NEMA). The move signals a major milestone in the impending approval of the project. The study conducted by …

Kampala, Uganda | THE INDEPENDENT | Uganda will expect major telecommunication companies operating in the country to list 30% of their stock on the local bourse under a new policy intended to align operations in the sector with market realities. 256businessnews.com says the target is the two major mobile telephone …

  Kampala, Uganda | PATRICIA AKANKWATSA | Uganda’s Electricity Regulatory Authority has slightly reduced the electricity tariffs for the first quarter of 2019 compared with preceding quarter but not enough to stimulate industrial growth. The latest consumer tariff schedule shows that domestic consumers will now pay Shs718.9, down from Shs …