Tag Archives: investments

Kampala, Uganda | THE INDEPENDENT | Economics’ Analysts have said it’s time for the government to start increasing budget allocated to the social sectors which have for years been dwarfed by works, transport and energy sector investments. Both experts from government, research institutions and international agencies spoke in unison during a …

Kampala, Uganda | THE INDEPENDENT | Kilembe Investments Limited-KIL has defied court orders restraining them from holding their Annual General Meeting. KIL held the Eighteenth Annual General Meeting on Thursday at Virina Gardens in Kasese town. Two shareholders were also voted to positions of directors of the board of the power …

Washington, United States | AFP | US Secretary of State Mike Pompeo on Friday accused China of seeking to build an “empire” by bribing leaders with investment and vowed to fight it “at every turn.” As tensions led by trade disputes soar between China and President Donald Trump’s administration, the …

Paris, France | AFP | Saudi Arabia’s global investment reach is impressive, stretching from stakes in Twitter and Uber to AccorHotels and Virgin Galactic — but the Khashoggi affair has thrown a harsh spotlight on its economic footprint. The following is a synopsis of the Kingdom’s investment portfolio. A 2017 …

Kampala, Uganda | JULIUS BUSINGE | Ziria Tibalwa Waako is the Chief Executive Officer of the Electricity Regulatory Authority (ERA). The Independent’s Julius Businge attended a media training workshop on March 6 where she responded to a number of questions. How would you describe Uganda’s electricity sector at the moment? Uganda’s …

Over 38,261 jobs to be created in eight sectors Kampala, Uganda | ISAAC KHISA | Rwanda recorded a 30.7% growth in investment to US$1.675bn last year compared with the previous year, data from the country’s promotion agency, Rwanda Development Board (RDB) shows. According to the data, three sectors – construction and …

Doha, Qatar | AFP | Qatar has approved legislation allowing 100-percent ownership for foreign investors in most sectors of the economy in a bid to boost non-energy revenues, the government said on Thursday. The move comes at a time of political crisis in the Gulf, with Qatar under an economic and …

Kampala, Uganda | ISAAC KHISA | Uganda’s balance of payment deficit has remained wide for some time now but there are signs that the gap will soon be reduced as the government issues licenses to developers in Free Zones. Free Zones are geographic areas where raw materials and goods may be …

Marrakesh, Morocco | AFP | A two-day investment forum opened in Morocco’s Marrakesh on Monday as China seeks to revive ancient Silk Road trade routes from Asia to Europe and Africa. “The question is how to accelerate cooperation in the field of investment,” said Wang Yong, vice president of the …

London, United Kingdom | AFP | Millions of pounds from the private estate of Britain’s Queen Elizabeth II have been invested in offshore tax haven funds, a huge new leak of financial documents revealed on Sunday. Around £10 million ($13 million, €11.3 million) of the Queen’s private money was placed in …