Business

COMMENT | Mark Zuckerberg | I want to share an update on the Cambridge Analytica situation — including the steps we’ve already taken and our next steps to address this important issue. We have a responsibility to protect your data, and if we can’t then we don’t deserve to serve you. …

Kigali, Rwanda | AFP | Forty-four African countries have signed an agreement establishing a free trade area seen as vital to the continent’s economic development, the head of the African Union said Wednesday. The creation of a free trade area — billed as the world’s largest in terms of participating …

Kampala, Uganda | ISAAC KHISA | Uganda’s corporate law firm, Ligormac Advocates, has broadened its legal services with the inclusion of tax related advisory services to customers. This comes barely four months since the firm entered into a collaboration with the US-based Andersen Tax and the Andersen Global that has nearly …

Tokyo, Japan | AFP | Japanese condom makers are ramping up preparations ahead of the Tokyo 2020 Olympic Games, seeing a golden opportunity to showcase their world-record ultra-thin products. For years, hundreds of thousands of condoms have been distributed for free to competitors at Olympic Games in a bid to encourage …

Countries and Signatories: 1.Niger – President Mahamadou Issoufou 2.Rwanda – President Paul Kagame 3.Tchad – President Idriss Deby 4.Angola – President Joao Lourenço 5.Central African Republic – President Faustin-Archange Touadéra 6. Comoros – President Azali Assoumani 7. The Republic of Congo – President Denis Sassou Nguesso 8. Djibouti – President …

Kampala, Uganda | THE INDEPENDENT | Uganda’s motorcycle hailing firm, SafeBoda, has unveiled a new year-long campaign dubbed YourCityRide aimed at encouraging people to go out and discover the best of Kampala City. The campaign will feature among others, city tour, street food festival and a boda themed street fashion …

Kampala, Uganda | JULIUS BUSINGE | Ziria Tibalwa Waako is the Chief Executive Officer of the Electricity Regulatory Authority (ERA). The Independent’s Julius Businge attended a media training workshop on March 6 where she responded to a number of questions. How would you describe Uganda’s electricity sector at the moment? Uganda’s …

New York, United States | AFP | Twitter shares were hammered Tuesday at midday following reports that Israel was weighing action against the company, adding to the growing woes of social media stocks. Near 1800 GMT, Twitter shares were down 12.0 percent at $30.79 following comments by Israeli Justice Minister Ayelet …

Cairo, Egypt | AFP | Egypt’s administrative court issued a ruling on Tuesday stopping the operations of ride sharing apps Uber and Careem, state media reported. Both services had sparked protests by taxi drivers who complained that their drivers were not required to pay the hefty fees to operate transportation …

 Kigali, Rwanda | ISAAC KHISA AND AGENCIES | Kenyan-based Commercial Bank of Africa (CBA) officially started its banking operations in Rwanda on March 19 following the successful acquisition of Crane Bank Rwanda Ltd, now relaunched as CBA Rwanda Limited. Acquired from Dfcu Uganda, CBA Rwanda Ltd becomes the 16th commercial …