Xsabo Group plans to invest US$200 million in solar project Kampala, Uganda | JULIUS BUSINGE | Xsabo Group plans to invest US$200million in the generation of solar power to supply to the national grid, according to its Managing Director and Chief Executive Officer, David Alobo. Alobo, who on Jan. 10, …
Read More »Entebbe Airport to get self-check-in service
Gemalto awarded contract for Uganda’s new e-Immigration solution Kampala, Uganda | THE INDEPENDENT | Gemalto, in cooperation with local partner SCINTL, has been awarded the contract for the supply of a Border Management System (BMS); including airport self-service eKiosks at Entebbe International Airport. The appetite for automated, self-service travel experiences …
Read More »AkzoNobel unveils paint challenge
Kampala, Uganda | THE INDEPENDENT | Calling all startups, scale-ups, entrepreneurs and innovators! The first edition of Paint the Future – the AkzoNobel startup challenge is now open and ready to discover new and revolutionary solutions that will accelerate innovation in the world of paints and coatings. Spearheaded by the …
Read More »Toyota, Panasonic announce electric car battery tie-up
Tokyo, Japan | AFP | Toyota announced on Tuesday it was creating a joint venture with Panasonic to develop batteries for electric cars, as the Japanese auto giant ramps up its ambitions for electric-powered vehicles. The firm will be set up by 2020 and controlled 51-49 percent by Toyota, the Prius …
Read More »Board approves Kenol Kobil sale to French firm
5 Kampala, Uganda | THE INDEPENDENT | The board of the regional oil marketer, Kenol Kobil, has approved the proposed takeover of the firm by the French based company, Rubis Energie. The shareholders, however, have until February 18 to accept or decline the offer, according to reports from Kenya’s local …
Read More »PR firm brainchild Burson-Marsteller rebrands
Kampala, Uganda | THE INDEPENDENT | Uganda’s public relations firm, brainchild Burson-Marsteller, has rebranded to brainchild BCW (Burson Cohn & Wolfe), embracing the identity of BCW, one of the world’s largest full-service communications agency and Africa’s largest PR network. The development comes on the back of the 2018 global …
Read More »Chinese, French firms top foreign oil-gas suppliers’ database
What Chinese, French domination of Uganda’s oil and gas supplier database means for Ugandan entrepreneurs Kampala, Uganda | RONALD MUSOKE | As pressure to develop key upstream infrastructure picks up with billions of dollars expected to pour into the Ugandan economy starting this year, focus is now turning onto who …
Read More »World’s 26 richest own same as poorest half of humanity: Oxfam
As the elites gather at #wef19, we reveal the true costs of under-taxation of the rich on the world's poorest. Download our latest inequality report, 'Public good or private wealth', here→ https://t.co/UHN0xcW1Fc #FightInequality #BeatPoverty pic.twitter.com/Txo0QoKc5S — Oxfam International (@Oxfam) January 21, 2019 Davos, Switzerland | AFP | The world’s 26 …
Read More »From Mao to Trump: China’s economic roller-coaster since 1949
Shanghai, China | AFP | After remarkable growth and change for decades, most economists believe China’s economy is entering a period of slower, steadier growth. The world’s second-largest economy grew 6.6 percent last year, government figures showed on Monday, the slowest rate since 1990. Here is a brief look at China’s …
Read More »EA oil pipeline impact assessment report finalized
Kampala, Uganda | THE INDEPENDENT | The Environmental Social Impact Assessment (Esia) report for the East Africa Crude Oil Pipeline (EACOP), has been finalized and handed over to the National Environmental Management Authority (NEMA). The move signals a major milestone in the impending approval of the project. The study conducted by …
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