Paris, France | AFP | Billionaire French tycoon Vincent Bollore was detained Tuesday as part of a corruption investigation involving his group’s acquisition of contracts to operate ports in West Africa, legal sources told AFP. The 66-year-old head of the Bollore Group, was taken into custody in the Paris suburb …
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Dubai, United Arab Emirates | AFP | Dubai is splashing tens of billions of dollars on infrastructure and hospitality projects related to the international trade fair Expo 2020, Dubai-based BNC Network said in a report published Sunday. The value of Expo-related projects underway hit $42.5 billion in March, according to …
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Kampala, Uganda | ISAAC KHISA | The Insurance Regulatory Authority of Uganda (IRA-U) has started the construction of a Shs 28.4billion tower office and commercial block in Kampala. The 16,500 square meter project known as Insurance Towerswith 11 floors and two basements, is situated along Lumumba Avenue near the Rwenzori Courts. …
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London, United Kingdom | AFP | The British government on Tuesday defended its decision not to bail out imploding construction-to-catering group Carillion, as criticism grew of its handling of the giant firm’s demise. Carillion, which has a variety of private and public service contracts in Britain and employs 43,000 staff …
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London, United Kingdom | AFP | The average price of a home in London dropped in 2017 for the first time in eight years on fallout from Brexit, data showed on Thursday. While prices were up nationwide, they were down in London for the first time since 2009, mortgage lender …
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Kampala, Uganda | THE INDEPENDENT | Real estate developers will have to apply for construction permits from Kampala Capital City Authority on online effective 2018. Moses Kanuniira, the Director of Physical Planning at KCCA said online permit processing has been tested in other sectors such as transport and it is time …
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Kampala, Uganda | INDEPENDENT REPORTER | The Ministry of Lands, Housing and Urban Development has come out to explain the land acquisition challenges that have necessitated The Constitution (Amendment) Bill, 2017. The proposed amendment of Article 26 of the 1995 Constitution aims to make it possible for government to take possession of or acquire property upon payment of the …
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The Inga 3 dam is expected to generate 4,800 megawatts of power, equivalent to the output of three third-generation nuclear reactors. Kinshasa, DR Congo | AFP | The Democratic Republic of Congo said Tuesday it has asked Chinese and Spanish bidders of a colossal dam project to join forces and …
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President Museveni: Procurement chaos is for making money not helping country Wakiso, Uganda| PPU| President Yoweri Museveni has warned that the whole country is facing procurement chaos because the process benefits those bent on making money and not the country. He said huge resources are wasted in claims of procurement. …
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Paris, France | AFP | French-Swiss cement maker LafargeHolcim said Monday its chief executive Eric Olsen is stepping down following an internal investigation into the company’s activities in Syria. His resignation, which has been accepted by the group’s board, will be effective on July 15, LafargeHolcim said in a statement. …
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The Independent Uganda: You get the Truth we Pay the Price