Istanbul, Turkey | AFP | Turkish President Recep Tayyip Erdogan will this month visit Qatar and Saudi Arabia, which are locked in a deep diplomatic crisis, his office announced Tuesday. Erdogan will also visit Kuwait, the main mediator in the Qatar crisis, during his July 23-24 tour. Turkish Prime Minister Binali …
Read More »VIDEO: Isimba dam commissioning could delay due to engineering flaws
VIDEO: Isimba dam commissioning could delay due to engineering flaws Kampala, Uganda | NTV UGANDA | UGANDA Government has set December 2018 as the first working date to officially open the 183 Mega Watt Isimba Hydro Power Dam. The announcement made during on a working visit of the dam by …
Read More »US fines BNP Paribas $246 mn over forex oversight
Washington, United States | AFP | US regulators on Monday fined French banking giant BNP Paribas $246 million for poor oversight of its foreign exchange traders who manipulated trading prices. The move came six months after the Federal Reserve permanently barred former BNP trader Jason Katz from the banking industry, …
Read More »Cardinal unhappy over copyright of Mother Teresa’s sari
Rome, Italy | AFP | The famous white sari with three blue borders worn by saint Mother Teresa has been copyrighted by nuns, and one of the Vatican’s top cardinals is not pleased. “Holy Mother Teresa of Calcutta is a universal symbol, beloved by believers (and) unbelievers,” said Cardinal Jose Saraiva …
Read More »INTERVIEW: Uganda giving fast food firms a new spin
James Ouma is the operations manager Pizza Hut Uganda. He spoke to The Independent’s Agnes E Nantaba about the country’s fast food industry and the future prospects. What are the key elements in your management philosophy as a manager? Pizza Hut as an international brand is driven by key …
Read More »AGOA at risk in East African war over used clothes
USED CLOTHES: What panic in Kenya and Rwanda’s firm stand mean for Uganda? Kampala, Uganda | ISAAC KHISA | Among optimists, the proposal by East African Community (EAC) member states to ban the importation of used clothes by 2019 is great because it could spark the growth of …
Read More »OIL & GAS: Uganda unveils 2017 National Suppliers’ Database
More than 290 firms approved to participate in Uganda oil industry this year Kampala, Uganda | RONALD MUSOKE | Uganda has unveiled its first National Suppliers Database with more than 290 firms approved to supply goods and services in the fledging oil and gas industry this year. The companies can …
Read More »Netflix shares jump as subscriptions top 100 million
San Francisco, United States | AFP | Netflix on Monday reported that its number of subscribers climbed more than expected, topping 100 million worldwide and sending shares in the leading on-demand television service soaring. Netflix shares leapt more than 10 percent to $178.48 in after-market trades that followed release of …
Read More »Uber driver dies after car torched in South Africa
Johannesburg, South Africa | AFP | A South African Uber driver whose car was torched five weeks ago died of his injuries on Monday, the company said, after an attack allegedly involving rival metre-taxi drivers. The man was parked on a street in the capital Pretoria at night when …
Read More »Fresh Brexit talks begin with ‘clock ticking’
Brussels, Belgium | AFP |Britain and the European Union launch a new round of fraught Brexit negotiations Monday with Brussels pressing weakened British Prime Minister Theresa May to quickly set out her divorce strategy. Brexit minister David Davis travels to Brussels to meet Michel Barnier, the EU’s chief negotiator, for …
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