Sunday , November 24 2024
Home / Tag Archives: Business (page 28)

Tag Archives: Business

Nakumatt wins accolade

Regional retailer stable in Kigali despite group turbulence Kigali, Rwanda | THE INDEPENDENT | When the Rwanda Revenue Authority (RRA) recently announced Nakumatt Rwanda as the winner of its Best Taxpayer Award of 2016, watchers in other markets where the regional retailer has a footprint took notice. Many of them, …

Read More »

Ireland approves massive Apple data centre

Dublin, Ireland | AFP | Ireland on Thursday gave the green light for tech giant Apple to build an 850-million-euro ($1.0-billion) data centre following a battle with conservationists who were seeking to preserve a forest. High Court judge Paul McDermott dismissed the appeals brought by three campaigners, who were concerned about …

Read More »

Rugasira on new Uganda Development Corporation board

Kampala, Uganda | GODFREY SSALI | The Uganda Development Corporation (UDC), the investment arm of government mandated to promote and facilitate industrial and economic development of the country, has finally got a first Board of Directors since its revival in 2008. The new board which will be chaired by Hamu Mugenyi, …

Read More »

World’s biggest uncut diamond sells for $53m

London, United Kingdom | AFP |British jeweller Graff said Tuesday it has purchased the world’s largest uncut diamond — roughly the size of a tennis ball — for $53 million (44.5 million euros). Canadian miner Lucara Diamond sold to Graff the 1,109-carat gem, the Lesedi La Rona, which was found …

Read More »

Manchester United post record profits

London, United Kingdom | AFP | Manchester United announced record revenues and operating profits on Thursday despite missing out on the riches of the Champions League last season. The Old Trafford club earned revenues of £581.2 million ($783 million, 659 million euros) in the 12 months to the end of June …

Read More »

UK investors irked by bureaucracy in Uganda

Kampala, Uganda | GODFREY SSALI | Investors from the United Kingdom face frustration due to bureaucracy and corruption as they seek to start up business in Uganda. This was revealed by Lord Dolar Popat from the House of Lords while hosting the Speaker of Parliament Rebecca Kadaga to a dinner in …

Read More »