Business

Washington, United States | AFP |  All of Iran’s oil exports and financial transactions will be targeted under US sanctions that take force Monday, six months after President Donald Trump bolted from a nuclear deal. The sanctions bring back the punitive measures that were imposed and then lifted by former …

Johannesburg, South Africa | AFP |  South Africa’s President Cyril Ramaphosa on Thursday sacked the head of the country’s tax collection agency, an ally of scandal-tainted former leader Jacob Zuma, said the presidency. The president dismissed Tom Moyane after a judiciary inquiry recommended his immediate removal “to forestall any further …

Kampala, Uganda | THE INDEPENDENT | The Independent Publications Ltd (IPL) seeks to fill the following vacant position: ADVERTISING MANAGER Job Title:     Advertising manager Organisation: The Independent Publications Ltd (IPL) Duty Station: Kampala Reports to: General Manager About IPL: Independent Publications Limited (IPL), Publishers of The Independent Magazine the leading …

Kampala, Uganda | THE INDEPENDENT | For the first time, Uganda registered USD 122 million trade surplus with Kenya, with exports worth USD 628 million to and imports worth USD 505 million. Uganda had in the previous year exported goods valued at USD 475 million and imported goods valued at USD …

Kampala, Uganda | ISAAC KHISA | Micro, Small and Medium Enterprises are the engines of many economies including Uganda and therefore need bank’s help to thrive and grow, according to Prof. Chris Ogbechie, a strategic management don at Lagos Business School and former Chairman of the Nigerian-based Diamond Bank Plc. Prof …

Doha, Qatar | AFP | The boss of Qatar Airways said Wednesday his company was considering “several options” for a potential sponsorship deal in the English Premier League. Speaking on the sidelines of a ceremony announcing a yet another sponsorship deal, this time with South America football federation, CONMEBOL, Akbar …

Doha, Qatar | AFP | Qatar Airways announced yet another football sponsorship deal on Wednesday by unveiling a four-and-a-half year agreement with CONMEBOL to become the South American football confederation’s “official global airline partner”. The sponsorship agreement will run until the end of the 2022 World Cup in Qatar. “Qatar …

a Lagos, Nigeria | AFP | When one of Africa’s richest men joined Twitter and posted his first tweet on May 11 this year, the fanfare in his native Nigeria was immediate. News that Femi Otedola had opened an account spread like wildfire and the billionaire head of Forte Oil …

Kampala, Uganda | ISAAC KHISA | At least 126 Ugandan entrepreneurs were among 5,000 African upcoming entrepreneurs, private and public sector leaders and the broader entrepreneurship ecosystem that convened in Lagos on October 25 for the annual Tony Elumelu Foundation (TEF) Entrepreneurship Forum. The event which is the largest gathering of …

Hong Kong, China | AFP | Asia-focused bank Standard Chartered on Wednesday said pre-tax profits rose 25 percent in the first nine months of the year, and warned it was keeping tabs on worsening China-US trade tensions. The results come as the world’s top two economies have imposed a series …