Kampala, Uganda | THE INDEPENDENT | Airtel Uganda has re-launched its Yoola Amajja cash promotion in a bid to reward customers using its mobile money platform. The campaign was first launched in 2016. It will last 90 days. For one to take part in the campaign, they have to dial *185# …
Read More »THIS WEEK: China offers $30million to support Uganda customs modernization
THIS WEEK: China offers $30million to support Uganda customs modernization Kampala, Uganda | THE INDEPENDENT | The Government of China has agreed to support a customs modernization project in Uganda with a grant worth RMB 200,000,000 (US$30m). The grant agreement was signed in the Chinese capital, Beijing on Nov.03 by Matia …
Read More »Foundation stone for 1,445km oil pipeline laid in Hoima
Hoima, Uganda | THE INDEPENDENT | President Yoweri Museveni and Tanzania foreign minister Dr. Augustine Mahiga have laid a foundation stone at the start point of the 1,445km-long East Africa Crude Oil Pipeline (EACOP) in Hoima, Uganda. Saturday’s function marked the climax of the visit by Tanzania’s president John Magufuli, who …
Read More »First pineapple farm opens in Gaza
Khan Yunis, Palestinian Territories | AFP | Pineapples are being harvested in the Gaza Strip for the first time as part of efforts to help the impoverished Palestinian territory work towards food self-sufficiency. The fruit, for domestic sale, is grown in a 1,000 square metre greenhouse in the southern Gaza …
Read More »Uber loses employment rights case in Britain
London, United Kingdom | AFP | US ride-hailing company Uber on Friday lost its appeal against a landmark court ruling in Britain that would give drivers the right to paid holidays and the national minimum wage. The London employment tribunal upheld an October 2016 judgment in a case that is …
Read More »Emirates airline profit rebounds on cost savings
Dubai, United Arab Emirates | AFP | Leading Middle East airline Emirates said Thursday its half year net profit rebounded strongly from a slump last year due to cost saving measures and favourable exchange rates. The Dubai flag carrier said it posted a net profit of $452 million in the period …
Read More »Museveni and Magufuli launch Mutukula One Stop Border Post
Mutukula, Uganda | THE INDEPENDENT | President Yoweri Museveni of Uganda and John Pombe Magufuli of Tanzania have today inaugurated the Mutukula One Stop Border Post and also laid the cross-border marker for the construction of the East Africa Crude Oil Pipeline (EACOP). The One Stop Border Posts (OSBP) launched …
Read More »Adidas leaps to higher profits on strong own-brand sales
Frankfurt am Main, Germany | AFP | German sports gear group Adidas on Thursday reported a jump in third-quarter profits, lifted by strong demand for its own-brand trainers and apparel in China and North America. The Bavarian company, which sponsors English Premier League giants Manchester United, said net profit soared to …
Read More »China signs $37 billion deal to buy 300 Boeing planes
Beijing, China | AFP | China signed an agreement Thursday to buy 300 airplanes from US aerospace giant Boeing valued over $37 billion, as part of a multi-billion dollar raft of deals announced during President Donald Trump’s visit to Beijing. The agreement for China Aviation Suppliers Holding Co (CASC) to buy …
Read More »COMMENT: Economic growth no longer enough
Changes to how wealth is generated and distributed require new social contract for a digital age COMMENT| Manuel Muñiz | Macroeconomic data from the world’s advanced economies can be mystifying when viewed in isolation. But when analysed collectively, the data reveal a troubling truth: without changes to how wealth is …
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