Business

San Francisco, U.S. | THE INDEPENDENT | The Twitter, Inc. will take an offer of $44billion from billionaire, Tesla CEO Elon Musk. He will buy the social media company and make it private, it was confirmed on Monday. “Free speech is the bedrock of a functioning democracy, and Twitter is the …

  Gulu, Uganda | THE INDEPENDENT |  A symbolic elephant monument was unveiled Friday in Gulu City in honour of the cultural significance of the creature to the Acholi people. The monument, installed with funding from Uganda Breweries was unveiled by the Chief Justice of Uganda,  Justice Alfonse Owiny-Dollo and His …

Kampala, Uganda | THE INDEPENDENT | The World Savings and Retail Banking Institute (WSBI) through its financial inclusion programme, Scale2Save, is holding a 2-day conference on 27 – 28th April 2022, at the Kampala Serena Hotel. The conference will discuss the importance of inclusive financial services for Ugandan women, youths and …

  Entebbe, Uganda | THE INDEPENDENT | Uganda Airlines made about Sh7.6 billion in the first three months of the year.  The money was collected from ten chartered flights. Six flights were paid for by mainly private clients to Mogadishu, Somalia while three were hired for the First Son Gen …

  Brussels, Belgium | Xinhua |  The European Council said Saturday that it has reached a provisional political agreement with the European Parliament on a new legislation to combat hate speech, disinformation and other harmful content online. The legislation, named the Digital Services Act (DSA), “aims to protect the digital …

Kampala, Uganda | THE INDEPENDENT | The Parliamentary Committee on Physical Infrastructure wants the government to release Sh440 billion for the second phase of upgrading and expansion of Entebbe International Airport. The committee Chairperson David Karubanga says the Uganda Civil Aviation Authority-UCAA has completed close to 80 percent of the …

Kampala, Uganda | THE INDEPENDENT | The Committee on Agriculture, Animal Industry and Fisheries has called for the revamp of the National Seed Company to curb counterfeit agricultural products on the market. Chairperson Janet Okori Moe, who presented the committee report on the Ministerial Policy Statement and Budget Estimates for …

Abuja, Nigeria | Xinhua | Nigeria’s film industry produced 541 movies in the first quarter of 2022, a 41.6 percent surge from the previous quarter’s 382 titles, the National Film and Video Censors Board (NFVCB) said on Friday. The NFVCB is a government agency responsible for the regulation of the …

Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda hosted its Muslim customers and staff who are observing the holy month of Ramadan to a dinner last evening to break their fast at Sheraton Hotel in Kampala. The annual observance of Ramadan is one of the five pillars of Islam. The …

PSFU hosts a High-Level Public-Private Policy Dialogue on the status of the East Africa Community integration process on investments and job creation Kampala, Uganda | THE INDEPENDENT |  First Deputy Prime Minister Rebecca Kadaga has urged the Uganda government and the private sector to focus on tapping into the DRC …