Business

Washington, United States | AFP | The White House on Friday welcomed news of a sharp drop in Chinese trade with North Korea, saying it would help put pressure on the regime of Kim Jong-Un. China reported earlier that its imports from North Korea plunged 33 percent last year — …

Washington, United States | AFP | Healthy retail sales in 2017 are another sign of the growing strength of the US economy, but inflation was slower than expected, according to the latest government data released Friday. This combination of solid economic growth and consumer spending, that has come with falling …

  Kampala, Uganda | THE INDEPENDENT | Makerere University has offered land and space where the proposed Tumusiime-Mutebile Centre of Excellence for Private Sector Development will be constructed and hosted. Council Chairperson of Makerere University Prof. Charles Wana Etyem confirmed the development at Thursday’s inaugural Tumusiime-Mutebile Center of Excellence (TMCE) business dialogue …

 Karuma, Isimba hydropower projects to add 783MW Kampala, Uganda | JULIUS BUSINGE | Uganda’s electricity supply is expected to increase later this year as government switches on Isimba and Karuma hydropower dams amidst low electricity demand. The government is set to launch Isimba (183MW) and Karuma (600MW) hydropower dams – …

Why Kenya’s move rests on false or fanciful premises NEWS ANALYSIS | BRENDON J CANNON | Kenya wants to go nuclear. Since 2012, Nairobi has been talking the talk and walking the walk. It has engaged the International Atomic Energy Agency and signed multilateral letters of intent in pursuit of …

Kampala, Uganda | THE INDEPENDENT | Emirates’ new Boeing 777-300ER aircraft fitted with its game changing fully enclosed private suites in First Class, as well as refreshed Business and Economy Class cabins, has now entered service, to the delight of customers. The new Emirates cabins were unveiled for the first …

Kampala, Uganda | THE  INDEPENDENT | Oliver Lalani is the Executive Director at Roofing Rolling Mills (RRM). He spoke to Isaac Khisa about Uganda’s steel industry and its future outlook. What is your assessment of the performance of Uganda’s steel industry in the country at the moment?  The Steel industry …

Cairo, Egypt | AFP |  Egypt is building a major water treatment and desalination plant, the president said Monday, as the Nile-dependent nation plans for any fallout from an upstream dam being built by Ethiopia. The North African country is constructing “the largest wastewater treatment and desalination plant”, President Abdel …

UGANDA: $20 billion up for grabs Kampala, Uganda | HAGGAI MATSIKO | Ernest Rubondo, the Executive Director, Petroleum Authority of Uganda (PAU), is optimistic 2018 will be big for Uganda’s oil industry. “The sector will be felt in 2018,” he told The Independent in an interview at his offices at …

Kampala, Uganda | THE INDEPENDENT | Century Bottling Company Limited (Coca-Cola) is running a promotion called “Vimba ne Coca-Cola, an Under the Crown (UTC) promotion that is seeing hundreds win instant airtime and cash prizes. The promotion, which started towards the end of last year, is running up to March …