Kampala, Uganda | MOFA | Uganda has formally accepted a request from Hungary to open a Diplomatic Mission at the level of Charge D’Affaires in Kampala in the near future. The Minister of Foreign Affairs Sam Kutesa confirmed the new relationship with Hungary when he received the visiting Deputy Minister for …
Read More »Huge sums in mining revenue off the books in DR Congo
Kinshasa, DR Congo | AFP | Some $750 million (644 million euros) in revenue from Democratic Republic of Congo’s mines between 2011 and 2014 “cannot be reliably tracked” in the records of the state-owned Gecamines, the Carter Center said Friday. The US foundation, in a report, suggested Gecamines used “its …
Read More »Mourinho testifies in Madrid court over tax fraud allegations
Madrid, Spain | AFP | Manchester United manager Jose Mourinho was grilled by a judge in Spain on Friday over accusations of a 3.3 million euro ($3.8 million) tax fraud during his time in charge of Real Madrid in 2011 and 2012. After leaving the brief closed-door hearing, the 54-year-old …
Read More »Long queues, protests as Apple’s iPhone X hits stores
Paris, France | AFP | Apple’s iPhone X hit stores around the world Friday, drawing crowds in many locations and protests in others as the new flagship device hit stores in some 50 markets worldwide. Apple enthusiasts around the globe were lining up to get their hands on the new device …
Read More »Apple’s iPhone X hits Asia stores as profits soar
Hong Kong, China | AFP | Apple profits soared by a fifth as its flagship iPhone X hit stores in Asia Friday, with the company predicting bumper sales despite its eye-watering price tag. Net profit rose 19 percent from a year ago to $10.7 billion in the fiscal fourth quarter to …
Read More »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 …
Read More »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 …
Read More »Museveni to set out African priorities at Global Business Forum
Dubai, UAE | THE INDEPENDENT | President Yoweri Museveni will today share lessons of his years of experience at the ongoing 4th gobal Business Forum on Africa (AGBF) in Dubai, United Arab Emirates, and highlight what he sees as priorities for the upcoming generation of African leaders. Museveni will speak at the …
Read More »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, …
Read More »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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