Kigali, Rwanda | AFP | An accident at an eastern Rwanda mine on Monday killed 14 people, including seven women, a local government official said. “This is an unfortunate event that nobody expected. The accident happened when falling debris at the mining site buried all the 14 people and killed …
Read More »Telcos to list 30% stake on Uganda stock market
Kampala, Uganda | THE INDEPENDENT | Uganda will expect major telecommunication companies operating in the country to list 30% of their stock on the local bourse under a new policy intended to align operations in the sector with market realities. 256businessnews.com says the target is the two major mobile telephone …
Read More »Abracadabra! German executives turn to magic to up their game
Pullach im Isartal, Germany | AFP | Harold Voit takes out his wallet, extracts a wad of 50-euro bills and gazes at it calmly as the cash goes up in flames. Slamming the billfold shut, Voit puts out the fire and opens it again to reveal the money intact and …
Read More »Power tariffs drop
Kampala, Uganda | PATRICIA AKANKWATSA | Uganda’s Electricity Regulatory Authority has slightly reduced the electricity tariffs for the first quarter of 2019 compared with preceding quarter but not enough to stimulate industrial growth. The latest consumer tariff schedule shows that domestic consumers will now pay Shs718.9, down from Shs …
Read More »France nears implementation of digital tax
Paris, France | AFP | France will push ahead with its own tax on large internet and technology companies by introducing a bill that would be retroactive to January 1, its finance minister said Sunday. The move comes as the European Union tries to finalise an EU-wide levy. “We are …
Read More »African support grows for Tshisekedi as DR Congo president
Arrived in Addis Ababa, Ethiopia, this afternoon to attend the Africa Union heads of state high level consultation meeting on the situation in the Democratic Republic of Congo. pic.twitter.com/g8bWbGbLau — Yoweri K Museveni (@KagutaMuseveni) January 17, 2019 Kinshasa, DR Congo | AFP | African nations on Sunday began recognising Felix …
Read More »China’s economy grew at slowest pace in 28 years in 2018
Beijing, China | AFP | China’s economy grew at its slowest pace in almost three decades in 2018, losing more steam in the last quarter as it battles to quell massive debt and a US trade war, official data showed Monday. The 6.6 percent growth comes in above the official …
Read More »MUASA chairman declines to hand over office
Kampala, Uganda | THE INDEPENDENT | The Chairperson of Makerere University Academic Staff Association-MUASA Dr Deus Kamunyu has declined to hand over office, stating that his suspension was baseless. Dr Kamunyu was last week suspended by Makerere University Vice Chancellor Professor Barnabas Nawangwe for allegedly inciting staff …
Read More »Govt halts issuance of betting licenses
Kampala, Uganda | THE INDEPENDENT | The government is suspending issuance of licenses to gambling and gaming companies. This was announced by State Minister for Finance David Bahati, at the closure of the 2019 Brethren Conference of the Diocese of Kigezi this afternoon. Bahati, who was representing President Yoweri Museveni …
Read More »Five things we learned from the Premier League weekend
Important 3 points today! Well done 🔵🔵 pic.twitter.com/PHIK4psjCD — Bernardo Silva (@BernardoCSilva) January 20, 2019 London, United Kingdom | AFP | Liverpool are one step closer to a long-awaited Premier League title, but only just after a seven-goal thriller against Crystal Palace at Anfield, while Chelsea imploded in losing 2-0 …
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