Brussels, Belgium |AFP | EU leaders on Friday poured cold water on a proposal by French President Emmanuel Macron to hand Brussels more powers to control Chinese investments in strategic European industries. European leaders discussed the divisive topic on the second day of an EU summit in Brussels, as Europe …
Read More »Jury awards $218 mn to farmers in Syngenta GMO corn lawsuit
Chicago, United States | AFP | A US federal jury on Friday ordered Swiss agribusiness giant Syngenta to pay nearly $218 million to 7,000 Kansas farmers after selling them genetically-modified corn seeds not approved for export to China. The farmers suffered profound economic damage in 2013 when Chinese authorities refused …
Read More »NCIP: Uganda and Kenya meet in Kampala to discuss SGR
The Northern Corridor Integration Projects (NCIP) joint technical committee for the development of the Standard Gauge Railway (SGR) is meeting in Kampala to review progress. The meeting, attended by Ministers in charge of Works and Transport from all partner states, comes in the wake of Kenya’s successful completion and launch …
Read More »Civil Society groups demands budget spending efficiency
Uganda’s 2017/2018 budget: Civil Society group speaks out Kampala, Uganda | JULIUS BUSINGE | A group of civil society organisations under their umbrella body – Civil Society Advocacy Budget Group (CSBAG) is calling on government agencies and departments responsible for budget implementation to efficiently implement the budget to benefit the common man. …
Read More »Fears BOU could fail to hit private sector credit target for last quarter
Kampala, Uganda | JULIUS BUSINGE | Bank of Uganda is pessimistic about growth in private sector credit for the last quarter of this financial year. This is the latest bad news suggesting the country is yet to achieve desired economic growth of over 7%. “We are not likely to achieve …
Read More »Youth can help achieve SDGs
In 2015, Samuel Malinga, at age 26, founded Sanitation Africa—a company engaged in turning human waste into briquettes for cooking and agricultural manure. For his innovative approach to waste management, he has been recognized by several organizations, including the Tony Elumelu Foundation, a philanthropy that awarded him a grant …
Read More »Embattled Uber CEO Kalanick steps down
New York, United States | AFP | Uber chief executive Travis Kalanick has stepped down from his job after a shareholder revolt made it untenable for him to stay, the New York Times reported on Wednesday. Kalanick had already been on a leave of absence aimed at restoring confidence in …
Read More »Angola’s Luanda pips Hong Kong as costliest city
Paris, France | AFP | Angola’s capital Luanda has overtaken Hong Kong to become the costliest city in the world for expats, Mercer’s annual survey said Wednesday. Dethroned last year by the Chinese city, Luanda regained the dubious honour despite the depreciation of the local kwanza currency against the dollar, …
Read More »DAIRY: Uganda’s un-milked sector
COMMENT: Why does the Uganda government not list the dairy sector as a priority in spite of the exponential export growth achieved? Mbarara, Uganda | RINUS van Klinken | As the world celebrates June dairy month, Uganda has more reason than most countries to put the dairy sector in the limelight. A …
Read More »Magufuli has 2 Tanzanian energy tycoons charged over graft scandal
Zitto Kabwe: The arrest of Rugemalira and Seth is the ‘single most bold step by President Magufuli against corruption’ Nairobi, Kenya | AFP | Two Tanzanian energy magnates on Monday became the first big industrialists to be charged over a multi-million-dollar graft scandal that led to the sacking of several …
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