Doha, Qatar | AFP | Qatar announced on Wednesday a five-billion-euro order for seven warships from Italy in the midst of a nearly two-month diplomatic crisis with neighbouring Saudi Arabia and its allies. “We have signed a contract on behalf of the Qatari navy to acquire seven warships from Italy for …
Read More »Neymar jets into Paris today for world record move
Messi to Neymar: I wish you lots of luck in this new stage in your life Paris, France | AFP | Neymar is expected to arrive in Paris on Thursday to finalise his world record 222 million euro ($260 million) move from Barcelona to Paris Saint-Germain, which will earn him around …
Read More »Apple beats profit estimates, boosting shares
San Francisco, United States | AFP | Apple on Tuesday reported stronger-than-expected results for the past quarter, with higher revenues and profits, delivering a boost to its share price. Profit climbed 12 percent to $8.7 billion, and revenue rose percent to $45.4 billion, with the California-based company selling 41 million iPhones …
Read More »Rolls-Royce powers into profit; shares soar
London, United Kingdom | AFP | Rolls-Royce powered back into profit during the first half, propelled by strong deliveries for its Trent aircraft engines, lifting its share price almost ten percent Tuesday. Net profit stood at £1.58 billion ($2.1 billion, 1.77 billion euros) in the six months to June 30 compared …
Read More »LAND PROBE: Jinja land file goes missing
Land probe: Key government file goes missing at Uganda Land Commission Kampala, Uganda | JULIUS BUSINGE | The Chairman of the Uganda Land Commission Baguma Isoke has this afternoon told the ongoing Commission of Inquiry into land matters that a file containing lease documents for government property in Jinja has gone missing. …
Read More »S.Africa’s vexed land reform scores a rare success
Hoedspruit, South Africa | AFP | It was a hard-fought victory for South Africa’s black community seeking to reclaim land, and for the Moletele ethnic group it has become a surprising model of wider racial cooperation. After a 10-year legal battle, the Moletele have taken back the land from which …
Read More »Leading S.African retailer Pick n Pay sheds 3,500 jobs
Johannesburg, South Africa | AFP | One of South Africa’s largest retailers Pick n Pay on Monday said it had cut around 3,500 jobs — 10 percent of its workforce — in a bid to curb costs in an economy battling a recession. “The voluntary severance programme is one of several …
Read More »Oulanyah blocks BOU parliamentary investigation over sub judice
Kampala, Uganda | GODFREY SSALI | The Deputy Speaker Jacob Oulanyah has halted a proposed parliament investigation of Bank of Uganda (BOU) in relation to circumstances leading to the closure of Crane Bank. He cited sub judice. Oulanyah made his ruling Tuesday afternoon after Budadiri East MP Nathan Nandala Mafabi …
Read More »Uganda shows off business, tourism potential at Astana EXPO 2017
Uganda participaes in Astana EXPO 2017, takes trade potential to central Asia Kampala, Uganda | THE INDEPENDENT | Uganda last week showcased her business, tourism and national achievements at the ongoing Astana EXPO2017 in Kazakhstan. The highlights of the Uganda day on July 24th 2017 included a press conference, a presentation …
Read More »Serbian State Secretary Nemanja Steavnovic in Uganda
Kampala, Uganda| THE INDEPENDENT | The Minister of Foreign Affairs Sam Kuteesa on Tuesday August 1, 2017 met the visiting Serbian State Secretary Nemanja Steavnovic at the Ministry of Foreign Affairs headquarters in Kampala. The purpose of his visit is to deliver a message to President Yoweri Museveni from the new …
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