THIS WEEK: China offers $30million to support Uganda customs modernization Kampala, Uganda | THE INDEPENDENT | The Government of China has agreed to support a customs modernization project in Uganda with a grant worth RMB 200,000,000 (US$30m). The grant agreement was signed in the Chinese capital, Beijing on Nov.03 by Matia …
Read More »Foundation stone for 1,445km oil pipeline laid in Hoima
Hoima, Uganda | THE INDEPENDENT | President Yoweri Museveni and Tanzania foreign minister Dr. Augustine Mahiga have laid a foundation stone at the start point of the 1,445km-long East Africa Crude Oil Pipeline (EACOP) in Hoima, Uganda. Saturday’s function marked the climax of the visit by Tanzania’s president John Magufuli, who …
Read More »First pineapple farm opens in Gaza
Khan Yunis, Palestinian Territories | AFP | Pineapples are being harvested in the Gaza Strip for the first time as part of efforts to help the impoverished Palestinian territory work towards food self-sufficiency. The fruit, for domestic sale, is grown in a 1,000 square metre greenhouse in the southern Gaza …
Read More »Uber loses employment rights case in Britain
London, United Kingdom | AFP | US ride-hailing company Uber on Friday lost its appeal against a landmark court ruling in Britain that would give drivers the right to paid holidays and the national minimum wage. The London employment tribunal upheld an October 2016 judgment in a case that is …
Read More »Emirates airline profit rebounds on cost savings
Dubai, United Arab Emirates | AFP | Leading Middle East airline Emirates said Thursday its half year net profit rebounded strongly from a slump last year due to cost saving measures and favourable exchange rates. The Dubai flag carrier said it posted a net profit of $452 million in the period …
Read More »Museveni and Magufuli launch Mutukula One Stop Border Post
Mutukula, Uganda | THE INDEPENDENT | President Yoweri Museveni of Uganda and John Pombe Magufuli of Tanzania have today inaugurated the Mutukula One Stop Border Post and also laid the cross-border marker for the construction of the East Africa Crude Oil Pipeline (EACOP). The One Stop Border Posts (OSBP) launched …
Read More »Adidas leaps to higher profits on strong own-brand sales
Frankfurt am Main, Germany | AFP | German sports gear group Adidas on Thursday reported a jump in third-quarter profits, lifted by strong demand for its own-brand trainers and apparel in China and North America. The Bavarian company, which sponsors English Premier League giants Manchester United, said net profit soared to …
Read More »China signs $37 billion deal to buy 300 Boeing planes
Beijing, China | AFP | China signed an agreement Thursday to buy 300 airplanes from US aerospace giant Boeing valued over $37 billion, as part of a multi-billion dollar raft of deals announced during President Donald Trump’s visit to Beijing. The agreement for China Aviation Suppliers Holding Co (CASC) to buy …
Read More »COMMENT: Economic growth no longer enough
Changes to how wealth is generated and distributed require new social contract for a digital age COMMENT| Manuel Muñiz | Macroeconomic data from the world’s advanced economies can be mystifying when viewed in isolation. But when analysed collectively, the data reveal a troubling truth: without changes to how wealth is …
Read More »WHO: Stop using antibiotics in animals to prevent spread of resistance in humans
Geneva, Switzerland | AFP | The World Health Organization on Tuesday urged farmers to stop using antibiotics in healthy animals to help ensure the drugs remain effective in fighting life-threatening diseases in humans. Overuse and misuse of antibiotics in animals and humans is contributing to the growing threat of “superbugs”, …
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