Business

President Yoweri Museveni sought to deflect the blame and criticism aimed at him over a cash bonus given out to government officials who played a part in Uganda’s victory in international arbitration against oil companies. In a closed door session at State House Entebbe with parliamentary probe committee on the …

MPs from Buganda region have asked Buganda Kingdom to revisit a directive to Buganda Land Board (BLB) for the issuance of land titles to all subjects of Kabaka Mutebi occupying his land with a lease period of 49 years. The MPS suggested a 99 year lease period which is long …

Members of Parliament (MPs) have threatened to block the budget for the tourism industry unless all four bodies involved in the tourism sector have functional boards. In the proposed budget for next financial year, tourism has been allotted Shs89billion but the ministry is requesting for an additional Shs65bn to market …

China’s homemade passenger jet aces first flight Shanghai, China | AFP |  The first large made-in-China passenger plane successfully completed its maiden test flight Friday, marking a key milestone on the country’s ambitious journey to compete with the world’s leading aircraft makers. The narrow-body C919 jet — white with green …

Johannesburg, South Africa | AFP |  A South African High Court Thursday ordered President Jacob Zuma to reveal the documents he used to justify the controversial sacking of a widely respected finance minister, sparking economic turmoil. The main opposition Democratic Alliance (DA) went to court to force Zuma to explain …

 DURBAN, South Africa| PPU| Thursday | President Yoweri Museveni has asked German companies to invest in Uganda, saying the country offers a perfect investment environment. Museveni, who is attending the World Economic Forum in Durban, South Africa, made the call as he witnessed the signing of Memoranda of Understanding between …

Nairobi, Kenya | AFP | A lack of foreign currency means petrol pumps are running dry across Burundi, the government has admitted, as the country struggles with a serious two-year-old political crisis. Long queues have been quickly forming in the capital Bujumbura where petrol is only available at some of …

Lokichar, Kenya | AFP |  Kenya plans to export its first oil in June, but analysts say the test phase faces major challenges and appears motivated primarily by political considerations just months ahead of elections. British company Tullow announced the discovery of oil in Kenya in March 2012, when prices …

DURBAN, South Africa| PPU|  For Africa to develop, the political will of the leaders must be accompanied by the right strategy, Uganda’s President Yoweri Museveni has said. Museveni was speaking as the chief panelist on the subject “Agenda 2063: Infrastructure Update” at the World Economic Forum on Africa in Durban, …

  Brian Ahumuza is a known name in Uganda’s men’s fashion world.  In just seven years; starting in 2010, he has styled and groomed celebrities, modeled apparels, a launched an array of high end fashion shops. And he is just 27 years old and was not born anywhere near the …