Kampala, Uganda | JULIUS BUSINGE | The Institute of Certified Public Accountants of Uganda has Thursday (Jan.03) released results for examinations administered between November 26-30 at examination centres of Arua, Fort Portal, Gulu, Kampala, Mbale, Mbarara and Nkozi. The results released by ICPAU’s President Frederick Kibeddi (CPA), the Chairperson of the …
Read More »Apple rival paves way for ban on some iPhones in Germany
Berlin, Germany | AFP | US chipmaker Qualcomm said Thursday it had fulfilled the requirements set out by a court in a patent dispute case against Apple to ban the sale of older iPhone models in Germany. The court in the German city of Munich had ruled in favour of …
Read More »Apple’s bombshell raises trillion-dollar question
Washington, United States | AFP | Apple’s bombshell news — a sharply weaker revenue outlook and lower iPhone sales — has raised questions over the future of the California giant, which until recently had been seen as the undisputed innovation leader in the tech sector. Apple’s rare admission on Wednesday …
Read More »US car sales falter in 2018 as consumers abandon small cars
Chicago, United States | AFP | Major auto makers announced their end-of-year US sales totals Thursday, showing a slowing market even as Americans’ demand for more expensive SUVs and trucks drove up priaces. US consumers continued the trend away from small cars and sedans, but appeared increasingly squeezed by higher …
Read More »372,000 German drivers join legal action against Volkswagen
Frankfurt am Main, Germany | AFP | Some 372,000 German owners of Volkswagen cars fitted with motors that cheated emissions tests have joined a collective legal action against the auto giant, official figures showed Thursday. Hundreds of thousands of people signed up to the collective action between late November and …
Read More »‘Aquaman’ stays afloat atop N. American box office
Los Angeles, United States | AFP | “Aquaman” displayed a powerful kick in North American theaters over the weekend, taking in an estimated $52.1 million to help close a record year for the movie sector, final figures showed Wednesday. With hunky and heavily tattooed Jason Momoa in the lead role, …
Read More »Apple cuts outlook, sees ‘challenges’ in China, emerging markets
San Francisco, United States | AFP | Apple cut its revenue outlook for the latest quarter Wednesday, citing steeper-than-expected “economic deceleration” in China and emerging markets. The rare revenue warnings from Apple suggested weaker-than-anticipated sales of iPhones and other gadgetry, in part because of trade frictions between Washington and Beijing. …
Read More »Disney hauls in $7.325 billion at box office in 2018
Los Angeles, United States | AFP | Disney posted its second best year at the box office ever, raking in $7.325 billion worldwide for everything from “Black Panther” and “Avengers: Infinity War” to hit animated sequel “Incredibles 2” and the latest “Star Wars” film. Disney remains the only studio to …
Read More »Kasolwe stock farm to boost farmers’ fortunes
Jinja, Uganda | THE INDEPENDENT | The Speaker of Parliament, Rebecca Kadaga, has urged farmers to consider intensive commercial agriculture in a bid to grow household incomes and improve Uganda’s economy. Kadaga also asked farmers in Busoga sub-region to take advantage of the several partnerships made with the Government …
Read More »Behind URA’s Digital Tax Stamps controversy
SICPA embroiled in fraud cases in various countries Kampala, Uganda | PATRICIA AKANKWATSA | Ugandan government has bowed to pressure from manufacturers and decided to put on hold the introduction of Digital Stamps intended to plug revenue leakages. This follows a series of meeting between the Minister of Finance, Planning and …
Read More »