New York, United States | AFP | The Dow hit another milestone Wednesday, ending above 22,000 points for the first time following another round of strong earnings that have overshadowed the lack of progress on President Donald Trump’s agenda. Trump himself claimed credit for the surge, noting on Twitter Tuesday that …
Read More »
Barcelona, Spain | AFP | Spain’s football league refused to accept a 222 million euro ($260 million) cheque on Friday in a new twist to Neymar’s ‘transfer of the century’ from Barcelona to Paris Saint-Germain. Representatives of the 25-year-old Brazilian were turned away from the Madrid headquarters of La Liga …
Read More »
Doha, Qatar | AFP | Qatar announced on Wednesday a five-billion-euro order for seven warships from Italy in the midst of a nearly two-month diplomatic crisis with neighbouring Saudi Arabia and its allies. “We have signed a contract on behalf of the Qatari navy to acquire seven warships from Italy for …
Read More »
Messi to Neymar: I wish you lots of luck in this new stage in your life Paris, France | AFP | Neymar is expected to arrive in Paris on Thursday to finalise his world record 222 million euro ($260 million) move from Barcelona to Paris Saint-Germain, which will earn him around …
Read More »
San Francisco, United States | AFP | Apple on Tuesday reported stronger-than-expected results for the past quarter, with higher revenues and profits, delivering a boost to its share price. Profit climbed 12 percent to $8.7 billion, and revenue rose percent to $45.4 billion, with the California-based company selling 41 million iPhones …
Read More »
London, United Kingdom | AFP | Rolls-Royce powered back into profit during the first half, propelled by strong deliveries for its Trent aircraft engines, lifting its share price almost ten percent Tuesday. Net profit stood at £1.58 billion ($2.1 billion, 1.77 billion euros) in the six months to June 30 compared …
Read More »
Land probe: Key government file goes missing at Uganda Land Commission Kampala, Uganda | JULIUS BUSINGE | The Chairman of the Uganda Land Commission Baguma Isoke has this afternoon told the ongoing Commission of Inquiry into land matters that a file containing lease documents for government property in Jinja has gone missing. …
Read More »
Hoedspruit, South Africa | AFP | It was a hard-fought victory for South Africa’s black community seeking to reclaim land, and for the Moletele ethnic group it has become a surprising model of wider racial cooperation. After a 10-year legal battle, the Moletele have taken back the land from which …
Read More »
Johannesburg, South Africa | AFP | One of South Africa’s largest retailers Pick n Pay on Monday said it had cut around 3,500 jobs — 10 percent of its workforce — in a bid to curb costs in an economy battling a recession. “The voluntary severance programme is one of several …
Read More »
Kampala, Uganda | GODFREY SSALI | The Deputy Speaker Jacob Oulanyah has halted a proposed parliament investigation of Bank of Uganda (BOU) in relation to circumstances leading to the closure of Crane Bank. He cited sub judice. Oulanyah made his ruling Tuesday afternoon after Budadiri East MP Nathan Nandala Mafabi …
Read More »
The Independent Uganda: You get the Truth we Pay the Price