Kampala, Uganda | THE INDEPENDENT | Uganda’s beverage company, Coca- Cola has launched a new drink – Fuze Tea – a unique blend of tea extract and fruit flavors created through a process that ensures a delightful fusion of tea, fruit, herbs and other natural ingredients. Launched on Feb.12 at …
Read More »MTN reduces data rates
MTN reduces data rates Kampala, Uganda | THE INDEPENDENT | MTN Uganda has revised data rates to continue the drive towards ensuring offering affordable internet to Ugandans. The reduction in data is expected to drive further internet connectivity, facilitate business growth and enable communication through internet-based channels. The rate reduction, according …
Read More »Centenary Bank allocates Shs500bn for agriculture financing
Kampala, Uganda | THE INDEPENDENT | Centenary Bank has allocated Shs- 500bn to boost agriculture financing this year, according to the lender’s head of agribusiness and agricultural finance, Evans Nakhokho. Nakhokho, who was speaking during the 16th African Fine Coffee Conference and Exhibition in Kampala on Feb 15, said the …
Read More »THE INDEPENDENT: Telcos protest move to monitor business
Kampala, Uganda | THE INDEPENDENT | The top stories in this week’s The Independent. COVER STORY Fight over Shs44 trillion mobile money: Telecoms protest State House move to monitor business. THE LAST WORD The problem with Africa: If our countries remain poor, it’s because its leaders and elites are too …
Read More »Cobalt prices soar, but Congo’s small miners see little of the gain
Kolwezi, DR Congo | AFP | In global markets the price of cobalt, a mineral used in batteries for high-tech products from iPhones to Tesla electric cars, has nearly tripled to $81,500 a tonne in two years. But in the Democratic Republic of Congo, which produced two-thirds of the global …
Read More »Samsung set to launch new flagship smartphones
Seoul, South Korea | AFP | Samsung Electronics will unveil its next flagship smartphones — the Galaxy S9 and Galaxy S9+ — on Sunday, after it reported record profits in recent weeks and its vice chairman was released from prison. Samsung, the flagship subsidiary of South Korea’s biggest business group, …
Read More »KFC falls fowl in Britain with chicken run
London, United Kingdom | AFP | Hundreds of KFC outlets remained shut in Britain on Wednesday due to a supply crisis, leaving fans craving a fix of deep-fried chicken. The shortages, which are expected to last all week in some parts of Britain, have prompted online mockery and disbelief aimed …
Read More »Some KFC stores to close all week in UK chicken crisis
London, United Kingdom | AFP | Some KFC outlets in Britain are to remain shut for the rest of the week, the fast-food operator said Tuesday as a supply crisis rumbled on, leaving fans craving a fix of deep-fried chicken. About 450 of the chain’s 900 outlets remained closed late …
Read More »Local oil and gas suppliers told to build partnerships
Kampala, Uganda | RONALD MUSOKE | Ugandan suppliers looking at providing goods and services to the fledgling oil and gas sector need to build partnerships with their international counterparts if they are to fully participate in the multi-million dollar opportunities expected to flow in the coming months. Elly Karuhanga, the …
Read More »US warns Uganda, Rwanda and Tz on used clothes imports ban
US warns Uganda, Kenya and Rwanda on used clothes imports ban Kampala, Uganda | THE INDEPENDENT | The US has warned East African Community (EAC) leaders that will converge in Kampala this week that their planned ban of the importation of used clothes by 2019 violates conditions set to expand trade …
Read More »