Business

ethip Addis Ababa, Ethiopia | AFP |  Ethiopian Airlines on Monday resumed flights to Moscow after a gap of 27 years stretching back to the demise of the Soviet Union, which saw relations with Moscow dive. “Moscow is a vital addition to our European service, a very important region. It’s …

Ottawa, Canada | AFP |  Airline passengers in Canada could soon be eligible for significant compensation for delayed flights or lost baggage, under proposed regulations unveiled by the government on Monday. The draft rules follow a rising number of complaints, including from one flight stuck on the tarmac in Ottawa …

Tokyo, Japan | AFP | The board of automaker Nissan failed Monday to agree a replacement for former chairman Carlos Ghosn after his arrest for financial misconduct, as tensions grow in the firm’s alliance with Renault. The Japanese company removed Ghosn from his post last month after he was detained …

Washington, United States | AFP | Google became the latest US tech giant to announce a major expansion plan, unveiling a $1 billion investment Monday to create a new campus that could double its New York City workforce to 14,000. The move by Google comes following Amazon’s announcement of new …

Kampala, Uganda | JULIUS BUSINGE | Patrick Byabakama Kaberenge, a seasoned banker and retired auditor has been re-appointed as the 11th Chairman Board of Directors for the National Social Security Fund. His new contract, alongside other nine members runs for the next three years. The Independent’s Julius Businge spoke to him …

There is an opportunity for private sector players to invest in Uganda’s power sector as government moves to connect more people to the national grid. Kampala, Uganda | JULIUS BUSINGE | Ziria Tibalwa Waako, the Chief Executive Officer at the Electricity Regulatory Authority has told The Independent on the sidelines of a …

Facts about the URA Tower ✅ 22 floor building ✅ Four podiums and eighteen tower floors ✅ Total 26,021 square metres ✅ Project cost sh 139 billion ✅ Car parking 12,923 square metres ✅ 5 levels for parking ✅ Car parking for 360 cars plus surface parking for 710 vehicles …

Kampala, Uganda | THE INDEPENDENT | Uganda has received a grant of sh16 billion to boost exports of coffee and cocoa to the European Union and other global markets. Finance minister Matia Kasaija and the EU head of delegation Attilio Pacifici signed the financing grant agreement this morning in Kampala. The …

Kampala, Uganda | THE INDEPENDENT | Just four months after it was rehabilitated the Kampala-Port Bell railway line has carried 40,000 tonnes of goods to and from. According to the managing director of Uganda Railways Corporation, Charles Kateeba, the 10-kilometre line, which was disused for over 10 years, needed just 800 …

London, United Kingdom | AFP | The Nigerian government is taking oil giants Shell and Eni to court in London, requesting the return of $1.1 billion (969 million euros) as part of a case of alleged corruption dating back to 2011, Bloomberg reported on Thursday. Nigeria alleges that the money …