Kampala, Uganda | THE INDEPENDENT | Enterprises and other organisations in Uganda are now able to build their data centres and reduce business costs, instead of relying on service providers. This development will enable companies, government agencies or any institutions to save as much as 45 per cent of the costs …
Read More »Japanese consortium to launch $14 bln Toshiba buyout on Aug. 8
Tokyo, Japan | (Xinhua | Japan Industrial Partners Inc., a Tokyo-based investment fund, announced Monday it will launch a 2 trillion yen (about 14 billion U.S. dollars) tender offer for Toshiba Corp. on Tuesday, a move that would end the company’s 74-year history as a public company. The tender offer …
Read More »Toshiba shares dive as questions swirl over huge losses
Tokyo, Japan | AFP | Toshiba shares plunged again Wednesday as it warned of a $6.2 billion writedown in its US nuclear power business and announced a probe into possible wrongdoing by the unit’s senior executives. One of Japan’s best-known firms, Toshiba shocked investors Tuesday when it failed to report …
Read More »Japanese give Uganda thermal power boost
Toshiba, Uganda sign geothermal power agreement as Japan announces plan to spend $30b on African energy When President Yoweri Museveni met a Japanese delegation led by Prime Minister Shinzo Abe in Nairobi August 28, he knew exactly what Uganda needed from Japan. At a brief meeting at the sixth Tokyo International …
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