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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. …

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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 …

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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 …

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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 …

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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 …

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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 …

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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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