Botswana based multi-national ecotourism company Wilderness Safaris, operating nearly 40 luxury safari camps across eight African countries, has raised US$35 million bilateral loan for the purchase of a new ecotourism company in Kenya and for further expansion across Africa. Keith Vincent, the Chief Executive at the Wilderness Safaris said ‘in …
Read More »Tesla expands its portfolio to produce solar roof tiles
Los Angeles, United States | AFP | Electric carmaker Tesla has diversified into the alternative energy business, on Friday unveiling solar roofs for environmentally friendly homes. “Global warming is a serious crisis and we need to do something about that,” company founder Elon Musk said during a news conference at …
Read More »Uganda’s National Oil wins African award
Less than three months since it launched formal operations, the Uganda National Oil Company has received Africa wide recognition after winning the best National Oil Company (NOC) presentation at a recent Oil and Gas forum held in South Africa. The event was organised by Standard Bank. The conference was held …
Read More »In The Independent: Inside story of Crane Bank fall
COVER STORY: How Crane Bank fell – Why President Yoweri Museveni’s behind – the-scenes-maneuvers and directives to Prime Minister Dr. Ruhakana Rugunda to save Sudhir’s bank hit a snag. Lessons for Uganda from the failure of Crane Bank and what should be done going forward. THE LAST WORD: Bringing …
Read More »Who will buy Amanda’s million dollar painting?
Western auction houses are famed for their recording-breaking sales of works of art that pit some of the world’s leading oligarchs keen on collecting art. In 2015 alone, the combined turnover of art auctions was a mind-boggling $986 million, shattering all previous records. Spanish master Pablo Picasso alone grossed a …
Read More »Mixed night at Kampala art auction
Peter Genza’s piece titled `Pumpkin II 2016’ was the big winner at the Second Kampala Art Auction on an otherwise grey Oct.14 night for the 35 local and international artists gathered at the Kampala Serena International Conference Centre, writes Ronny Kahuma. This was Uganda’s second major auction of modern and …
Read More »Milka on being Monica in `Deception’
INTERVIEW: At 25 years, rising actress Milka Irene Sobya took on a role of a married woman in the NTV drama series `Deception’. She plays a woman, Monica, who is torn between keeping her marriage and advancing her career amidst insults and abuses from a mother in law. Milka has …
Read More »Artist shows love for Museveni
Ian Tukundane is the young artist behind Tian-B Art Studio in Nkumba, the university suburb just outside of Entebbe town, who is not shy to show his love for President Yoweri Museveni, writes Sarah Ngororano. Occupying prime space in Tian-B Art Studio is a large portrait of Museveni titled `My President’. …
Read More »National carrier revival raises many questions
National carrier revival question: World Bank calls for more focus on high cost of doing business instead At the beginning of his fifth term in office, President Yoweri Museveni set tongues wagging when he included the revival of the national career among his 20 priority programmes in this term of office. …
Read More »SPE TAXI: Making city transport easier
INTERVIEW: Mark Karamira is the CEO of Spe Taxi Cab service. He spoke to Agnes E. Nantaba about his management philosophy and Uganda’s transport industry challenges. What are the key elements in your management philosophy as a manager? Leadership, people, responsibility, resources and their appropriation are key elements and backed …
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