These Chinese contractors don’t care at all, says Labour minister vow to whip them into line The human cost of accidents, poor health and safety conditions under Chinese contractors in Uganda has come under scrutiny and what is emerging is raising serious concerns. At the heart of the latest concerns …
Read More »Non-OPEC oil states agree to cuts in ‘historic’ deal
Vienna, Austria | AFP | Eleven countries agreed on Saturday to cut their oil output, teaming up with the OPEC cartel in an exceptional bid to end the world’s glut of crude and reverse a dramatic fall in income. Russia and 10 other non-OPEC states will reduce their production by …
Read More »Coca-Cola chief to step down
New York, United States | AFP | Coca-Cola announced Friday that chief executive Muhtar Kent will step down next year as the beverage giant confronts a tougher demand environment for soda. James Quincey, Coca-Cola president and chief operating officer, will step into the top job in May, the company said. …
Read More »Kyambadde hits back, says no elections for Chamber of Commerce
Trade, Industry and Cooperatives minister Amelia Kyambadde maintains elections of Uganda National Chamber of Commerce (UNCC ) will not take place this month because of “national security threats”. She has issued a new statement confirming the cancellation. This follows a press briefing in which UNCC head Olive Kigongo said the elections …
Read More »VIDEO: ‘Chamber of Commerce Polls to go ahead’
VIDEO: Just a week after the Trade, Industry and Cooperatives Minister Amelia Kyambadde put the election of the Uganda Chamber of Commerce on hold, the Chamber board has said they are going ahead with the election process. Chamber President Olive Kigongo says that in doing so, they are exercising the mandate …
Read More »World’s aviation industry soaring to record profits
Geneva, Switzerland | AFP | The aviation industry is set to post record net earnings this year and is expected to remain profitable in 2017, despite rising oil prices and global political turbulence, its trade association said Thursday. “Airlines continue to deliver strong results. This year we expect a …
Read More »Kyambadde, parliament in showdown over Chinese retailers
VIDEO: Parliament has issued a 14 days ultimatum to Chinese investors dealing in petty business down-town Kampala to vacate their business for violating licensing procedures. But Trade, Industry and Cooperatives Minister Amelia Kyambadde said the committee’s decision is uncalled for, thus asking parliament to extend the deadline given to Chinese in …
Read More »Nude selfies used as collateral for Chinese loans
Beijing, China | AFP | Hundreds of photos and videos of naked women used as collateral for loans on a Chinese online lending service have leaked onto the web, highlighting regulatory problems in the fast-growing peer-to-peer marketplace. A 10-gigabyte file posted on the internet exposed the personal details of more …
Read More »Investment boom at Namanve
Frank Sebbowa is the outgoing Executive Director of Uganda Investment Authority. He spoke to Ian Katusiime about his accomplishments and investment issues. What are some of the achievements you registered at UIA? For the four years I was at UIA, I brought calm to the organisation. There was a lot …
Read More »Poison at Dutch flower farm
Royal Van Zanten chemical poisoning common, say workers’ rights groups “That one flower, for a new girlfriend or a father, a colleague’s birthday or a grandmother, often means more than all the bunches put together. It’s not about the numbers, the colours or sizes. It’s about the love and passion …
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