Business

China’s homemade passenger jet aces first flight Shanghai, China | AFP |  The first large made-in-China passenger plane successfully completed its maiden test flight Friday, marking a key milestone on the country’s ambitious journey to compete with the world’s leading aircraft makers. The narrow-body C919 jet — white with green …

Johannesburg, South Africa | AFP |  A South African High Court Thursday ordered President Jacob Zuma to reveal the documents he used to justify the controversial sacking of a widely respected finance minister, sparking economic turmoil. The main opposition Democratic Alliance (DA) went to court to force Zuma to explain …

 DURBAN, South Africa| PPU| Thursday | President Yoweri Museveni has asked German companies to invest in Uganda, saying the country offers a perfect investment environment. Museveni, who is attending the World Economic Forum in Durban, South Africa, made the call as he witnessed the signing of Memoranda of Understanding between …

Nairobi, Kenya | AFP | A lack of foreign currency means petrol pumps are running dry across Burundi, the government has admitted, as the country struggles with a serious two-year-old political crisis. Long queues have been quickly forming in the capital Bujumbura where petrol is only available at some of …

Lokichar, Kenya | AFP |  Kenya plans to export its first oil in June, but analysts say the test phase faces major challenges and appears motivated primarily by political considerations just months ahead of elections. British company Tullow announced the discovery of oil in Kenya in March 2012, when prices …

DURBAN, South Africa| PPU|  For Africa to develop, the political will of the leaders must be accompanied by the right strategy, Uganda’s President Yoweri Museveni has said. Museveni was speaking as the chief panelist on the subject “Agenda 2063: Infrastructure Update” at the World Economic Forum on Africa in Durban, …

  Brian Ahumuza is a known name in Uganda’s men’s fashion world.  In just seven years; starting in 2010, he has styled and groomed celebrities, modeled apparels, a launched an array of high end fashion shops. And he is just 27 years old and was not born anywhere near the …

All dealers in pirated and photocopied books are to face arrest and prosecution in line with the copyright and neighboring rights act as the Uganda Reproduction Rights Organization (URRO) teams up with the police to carry out an operation Under the copyright and neighboring rights act of 2006 and the …

Hakim Lugemwa is the CEO of Uganda Entrepreneurs Business Foundation. He spoke to The Independent’s Agnes E Nantaba about the challenges and opportunities of entrepreneurship in Uganda. What are the key elements in your management style as a CEO? My management style is not driven towards owning the foundation but …

The former Chairperson of the African Union Commission Nkosazana Dlamini-Zuma  has listed four key areas that will stimulate desired economic growth for Africa as embedded in agenda 2063. Agenda 2063 is a strategic framework under the African Union for the socio-economic transformation of the continent over the next 50 years. …