VIDEO: Uganda has become the latest country in the region to experience the wave of easy taxi services following an influx of several service providers. After the entry of Uber, a technology company that connects riders and drivers at the touch of a button in Uganda early this year, followed …
Read More »Grace Mugabe told to return property in diamond ring spat
Harare, Zimbabwe | AFP | A Zimbabwean court has ordered President Robert Mugabe’s wife to return three properties she seized from a local businessman in a messy dispute over a $1.35-million diamond ring, a lawyer said Thursday. Grace Mugabe was taken to court by Jamal Ahmed after she took over …
Read More »VIDEO: Exclusive interview with Rwanda’s Kagame
VIDEO: President Paul Kagame of Rwanda explains his country’s path to development and the challenges plus regional, world and continental politics in an interview with NBS. Share on:
Read More »Museveni visits Juba, Ugandan traders to be paid
Uganda and South Sudan have finally agreed on a mode of payment for Ugandan traders who supplied South Sudan with food items between 2008-2010. The agreement was struck at a sideline meeting during today’s one-day visit to Juba by President Yoweri Museveni. David Bahati, the Ugandan State Minister for Finance in …
Read More »Volkswagen moves into Kenya, Rwanda in Africa expansion
Nairobi, Kenya | AFP | Volkswagen on Wednesday opened a new assembly plant in Kenya and launched plans for a ride-sharing service in Rwanda as it seeks to take advantage of surging car demand in Africa. The German car manufacturer’s move into East Africa comes just weeks after it signed …
Read More »Coca-Cola secures African stake from ABInbev
Brussels, Belgium | AFP | Soft drinks giant Coca-Cola has agreed to pay more than three billion dollars to recently-merged AB InBev for control of Africa’s biggest soft drinks bottling company, both companies said Wednesday. On merging with SABMiller in September, Belgian-Brazilian giant AB InBev found itself with 54.5 percent …
Read More »UTL ordered not to fire staff or sale assets
The parliamentary probe into the alleged mismanagement of Uganda Telecom Limited (UTL) has today grilled the company’s top managers. The probe heard of the mounting debts UTL is facing and the absence of audits. UTL owes Uganda Communications Commision (UCC) sh27 billion, and MTN Uganda sh3.5billion. The probe committee asked …
Read More »ANALYSIS: Fishing in the dark on Lake Victoria
Without a survey of the actual fish stock, fisheries managers focus on what they get out to ensure sustainability For some time now, fish catchers, processors, traders and government officials involved in Uganda’s fish sector have been saying that fish stocks in Lake Victoria are declining. The problem appears to …
Read More »Price surge in basic commodities ahead of Christmas
Festive season and prolonged drought push prices high This year’s Christmas may not be merry as many could hope as prices for specific basic commodities increases ahead of the big day, The Independents analysis shows. The price of sugar has increased from Shs 3, 200 to Shs 5,000 per kilogramme …
Read More »VIDEO: UCC boss says Uganda Telecom should close
VIDEO: Uganda Telecom Company is in the spotlight for reportedly operating outside the law, with Uganda Communications Commission saying it should have been closed. Uganda Communications Commission executive director Eng. Godffrey Mutaabazi says the company’s license needed to have been revoked earlier. Mutabazi was appearing before a parliament select committee …
Read More »