Cotonou, Benin | AFP | South African mobile phone giant MTN is in talks with Benin’s telecoms regulator after its subsidiary was slapped with a bill of more than $200 million. The regulator (Arcep) wants MTN Benin to pay 134.4 billion CFA francs — the equivalent of $213 million (205 million …
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Chicago, United States | AFP | It has stood alone, closed to visitors, for a decade — a historic replica built on the site of the first McDonald’s franchise restaurant in the Chicago suburb of Des Plaines. The fast food giant on Tuesday said it will demolish the time capsule from …
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Shanghai, China | AFP | Top Chinese oil company CEFC China Energy on Tuesday denied any involvement in an alleged multi-million dollar bribery scandal that US investigators say helped the giant win business advantages in Africa. US officials announced Monday that they had arrested Hong Kong’s former home affairs secretary and …
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Washington, United States | AFP | US authorities have arrested Hong Kong’s former home affairs secretary and the ex-foreign minister of Senegal for leading a multimillion dollar bribery scheme in Africa on behalf of a top Chinese energy company, with some deals arranged in the halls of the United Nations. …
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Kampala, Uganda | THE INDEPENDENT | Mabale Growers Tea Factory Limited is a key player in Uganda’s tea sector. Rogers Siima, the company’s general manager spoke to The Independent’s Julius Businge about its operations and the country’s tea sector What is your general assessment of the tea sector in Uganda at …
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TradeMark East Africa invests US$117 bn in customs facilities Kampala, Uganda | JULIUS BUSINGE | Doing business in East Africa has improved in the recent years with the operationalization of the One Stop Border Points (OSBP). TradeMark East Africa (TMEA), through funding from UK’s Department for International Development (DFID) and Global …
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Kampala, Uganda | PPU | President Yoweri Museveni has advised prospective investors to target investing in areas of agro-processing and value addition to minerals like phosphates, in Uganda. The President was addressing a business conference of the Confederation of Indian Industry (CII)-Exim Bank Regional Conclave on India-East Africa Partners in …
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UTL: Managers say revenue is up 7% monthly Kampala, Uganda | ISAAC KHISA | It has been turbulent times for the Uganda Telecom Ltd in the past few years but there are signs that it is finally turning things around since government placed it under provisional administration six months ago. Once …
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How US$7bn deals are reshaping relations in the region Kampala, Uganda | HAGGAI MATSIKO | If President Yoweri Museveni has a best buddy amongst his East African counterparts, it might as well be Tanzania’s John Pombe Magufuli. When they are not sharing a hearty laugh at an African Union meeting in …
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Kampala, Uganda | THE INDEPENDENT | Are you a user of Uber in Uganda? Show up on time or pay a penalty. Ride-hailing service, Uber, now says it has begun charging passengers a late fee per minute dubbed Paid Wait Feature, if their drivers are kept waiting for more than five …
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