Thursday , November 14 2024

Business

Business news

Nigeria’s former oil minister blasted over court bid

Lagos, Nigeria | AFP | A Nigerian judge on Wednesday accused the country’s former oil minister of trying to “avoid justice” in Britain, as he dismissed an application for her to face corruption charges back home. Judge Rilwan Aikawa told the Federal High Court in Lagos that an attempt by Diezani …

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Dubai hosts summit, positions self as Africa investment hub

Dubai, United Arab Emirates | AFP |  African officials, including four heads of state, convened with international CEOs at a summit Wednesday in Dubai, part of its push to position itself as a link for huge potential investments on the continent. “We are looking at the fastest growing economy of …

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COMMENT: Promoting local industries

After reversing the deplorable state of the economy, the government needs to support local businesses COMMENT | Martin F. Kyeyune | Manufacturing existed in Africa before the colonial rule. Africa made a wide range of essential goods it consumed, including food (this involved food preservation), shelter (involved the use of timber, …

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Simcard registration dividends

Operators fear strict registration requirement will slow growth of subscribers Kampala, Uganda | JULIUS BUSINGE | Telecom firms now feel confident in carrying out their business following the conclusion of a mandatory Simcard registration and validation on August 31, 2017, according to Godfrey Mutabazi, the executive director at the Uganda Communications …

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