Kampala, Uganda | THE INDEPENDENT | The rationalisation of the Non-Performing Assets Recovery Trust (NPART) and Departed Asians Property Custodian Board will only be concluded after an audit, Parliament has directed. On Tuesday, April 23, 2024, Parliament debated the Non-Performing Assets Recovery Trust (Amendment) Bill, 2024 that purposes to dissolve the …
Read More »Italy vows to renew economic presence in Uganda
Rome, Italy | THE INDEPENDENT | Italy is embarking on a new era in its trade and investment relations with Uganda, with officials promising new and bigger investments in different sectors, especially agriculture, health and other sectors. This comes as the Italian Agricultural Machinery Manufacturers Federation (FederUnacoma), is in the final …
Read More »Oil down in Asia after big gains last week
Singapore, Singapore | AFP | Oil prices were down in Asian trade Monday after big gains last week on signs of a demand revival as some governments ease coronavirus lockdown measures. US benchmark West Texas Intermediate (WTI) was down 2.95 percent to $24.01 a barrel in morning trade. International benchmark Brent was changing hands at …
Read More »The Asian economic miracle
Deepak Nayyar, the Emeritus Professor of Economics, Jawaharlal Nehru University and Honorary Fellow, Balliol College, University of Oxford, explains how Asia transformed from the poorest continent in the world into a global economic powerhouse In 1820, Asia accounted for two-thirds of the world’s population and more than one-half of …
Read More »A tale of two Delhis: Deadly air exposes rich-poor divide
New Delhi, India | AFP | Walls draped in lush vertical gardens and air filtered through purifiers insulate diners at a swanky New Delhi food court from the choking haze outside in one of the most polluted places on earth. But these eco-eateries, offering cleaner air as well as modern …
Read More »Canned air and water-spraying drones: Smog remedies
Hong Kong, China | AFP | As millions of people in Asia choke under polluted skies, authorities have turned to water-dispersing drones and outdoor air purifiers to improve air quality, while companies have tried to cash in by selling everything from canned air to lung-purifying teas. According to the World …
Read More »War on football? Chinese players get army drills, ‘thought education’
Shanghai, China | AFP | Chinese national squads and a top league team have packed young footballers off to military camps for drills and Marxist-style “thought education” as a campaign to promote Communist Party values spreads even into the sporting world. Chinese fans have watched the militarisation of football with a …
Read More »Bolt has ‘touch like a trampoline’ – A-League striker
Sydney, Australia | AFP | Former Ireland striker Andy Keogh blasted Usain Bolt as having “a touch like a trampoline” Friday as the coach of the Central Coast Mariners refused to say whether he believes the sprint star can make it as a footballer. Keogh, who plays for Perth Glory, …
Read More »Sprint legend Bolt hits first goals in football bid
Sydney, Australia | AFP | Sprint legend Usain Bolt made his case for becoming a professional footballer Friday when he scored his first goals after starting up front in a pre-season game for Australia’s Central Coast Mariners. The 100 metres world record-holder, who has been bidding for a professional contract …
Read More »Bolt looking to his first football start in Sydney
Sydney, Australia | AFP | Sprint superstar Usain Bolt looks set to make his first start as a professional footballer Friday, a challenge he said could determine if he has a future in the sport of his boyhood dreams. Bolt said the coach of his Central Coast Mariners, Mike Mulvey, had …
Read More »