Business

Lagos, Nigeria | AFP | A gigantic oil tanker arrived in Nigeria as part of a multi-billion dollar project that should allow one of Africa’s biggest crude producers to pump out an additional 200,000 barrels a day. The floating production storage and offloading vessel is docked in Lagos after spending …

Kampala, Uganda | THE INDEPENDENT | Sponsors and judges of the popular Uganda Best Farmer’s competition took off their suits and donned overalls on Thursday as they launched this year’s edition in Kiwenda in Wakiso district. “The first time we did this launch was in the boardroom with fruits on …

Kampala, Uganda | THE INDEPENDENT | National Water and Sewarage Corporation (NWSC) has been hailed by the Minister of ICT and National Guidance Frank Tumwebaze for using local software developers in developing a smart water metering system. Tumwebaze was reacting to news that NWSC are in initial stages of developing prepaid …

Davos, Switzerland | AFP | Donald Trump rappels into the snowy Swiss Alps on Thursday to address Davos summiteers anxious to see whether they will get a pitch from a capitalist kindred spirit or a lecture from a populist president. Trump is due to deliver the closing address at the …

Kampala, Uganda | JULIUS BUSINGE | As the budget making process for FY2018/2019 continues at different fora, several players are taking part by coming out with several proposals. The latest player is Southern and Eastern African Trade, Information and Negotiations Institute (SEATINI). It is calling on Parliament to increase allocation to …

Kampala, Uganda | THE INDEPENDENT | The Uganda National Roads Authority (UNRA) is on track to start the construction of 693km of roads in the oil region. UNRA Executive Director Allen Kagina told the press in her quarterly briefing in Kampala on Wednesday that a feasibility study and preparation for the projects …

People are increasingly acknowledging that the global economy is stronger than they thought COMMENT | JIM O’NEILL | In February 2017, I wrote an optimistic commentary called “The Global Economy’s Surprising Resilience.” The piece came as a surprise to those who saw only bleak prospects for Western countries, not least the …

Ugandan traders fear losses but Coca-Cola offers hope Kampala, Uganda | RONALD MUSOKE | A trader without a market now; that is Peter Musiige, the manager of a small plant that has been exporting recycled plastics to China. He lost his market when the Chinese government on Jan.01 started implementing a …

Washington, United States | AFP |  US President Donald Trump is set to meet with the British and Israeli prime ministers, Theresa May and Benjamin Netanyahu, as well as Rwandan President Paul Kagame in Davos later this week, the White House said Tuesday. Trump will meet May Thursday to address the Syria conflict, Iran’s “destabilizing” …

How do we ensure that new dams do not add risk to power supplies down the line? Kampala, Uganda | DECLAN CONWAY | In the 1980s and 1990s parts of Africa saw a surge in dam building for energy production. After a brief hiatus, there has been renewed interest. Many new …