Business

Luanda, Angola | AFP |  Angolan President Jose Eduardo dos Santos’s daughter, reportedly Africa’s richest woman, has been cleared to head the national oil company Sonangol, after a court rejected a legal challenge. Isabel dos Santos was put in charge of Sonangol in June in a move some analysts said …

Libreville, Gabon | AFP | Its lower cost has made it popular in commercial food production, but after being blamed for deforestation in Asia, palm oil plantations are now getting a similar rap in Africa. The sheer scale of land required is having an impact in Gabon, Cameroon and the …

  Washington, United States | AFP |  The Washington Post, purchased three years ago by Amazon founder Jeff Bezos, will turn a profit in 2016 and expand its newsroom, defying the downward trend in the newspaper industry. A memo to staff this month from Post publisher Fred Ryan, obtained by …

Smartphone-obsessed Finns rank tops in screen time Helsinki, Finland | AFP | On the crowded morning metro in Helsinki, silence prevails. Everyone is hunched over their smartphone screens, reading the news, checking emails or watching videos. A loud “yeah!” breaks the quiet, along with delighted screech from a toddler whose …

Following the withdraw of the Russian-led consortium RT Global Resources, from the oil refinery construction in July, the government is looking for a new investor to partner in the project by mid-2017 This year marked a decade since the government announced the discovery of commercially viable oil and gas resources …

Banana is like the tale about seven blind people and the elephant. To some people, it’s food, for a farmer it is fodder for animals, and for alcohol manufacturers; it is a raw material for some gins and beer like Urwagwa. But for one youth in Gasabo district in Kigali …

VIDEO: Uganda has become the latest country in the region to experience the wave of easy taxi services following an influx of several service providers. After the entry of Uber, a technology company that connects riders and drivers at the touch of a button in Uganda early this year, followed …

Harare, Zimbabwe | AFP |  A Zimbabwean court has ordered President Robert Mugabe’s wife to return three properties she seized from a local businessman in a messy dispute over a $1.35-million diamond ring, a lawyer said Thursday. Grace Mugabe was taken to court by Jamal Ahmed after she took over …

VIDEO: President Paul Kagame of Rwanda explains his country’s path to development and the challenges plus regional, world and continental politics in an interview with NBS.     Share on:

Uganda and South Sudan have finally agreed on a mode of payment for Ugandan traders who supplied South Sudan with food items between 2008-2010. The agreement was struck at a sideline meeting during today’s one-day visit to Juba by President Yoweri Museveni. David Bahati, the Ugandan State Minister for Finance in …