New York, United States | AFP | Coca-Cola announced Friday that chief executive Muhtar Kent will step down next year as the beverage giant confronts a tougher demand environment for soda. James Quincey, Coca-Cola president and chief operating officer, will step into the top job in May, the company said. …
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Trade, Industry and Cooperatives minister Amelia Kyambadde maintains elections of Uganda National Chamber of Commerce (UNCC ) will not take place this month because of “national security threats”. She has issued a new statement confirming the cancellation. This follows a press briefing in which UNCC head Olive Kigongo said the elections …
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VIDEO: Just a week after the Trade, Industry and Cooperatives Minister Amelia Kyambadde put the election of the Uganda Chamber of Commerce on hold, the Chamber board has said they are going ahead with the election process. Chamber President Olive Kigongo says that in doing so, they are exercising the mandate …
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Geneva, Switzerland | AFP | The aviation industry is set to post record net earnings this year and is expected to remain profitable in 2017, despite rising oil prices and global political turbulence, its trade association said Thursday. “Airlines continue to deliver strong results. This year we expect a …
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VIDEO: Parliament has issued a 14 days ultimatum to Chinese investors dealing in petty business down-town Kampala to vacate their business for violating licensing procedures. But Trade, Industry and Cooperatives Minister Amelia Kyambadde said the committee’s decision is uncalled for, thus asking parliament to extend the deadline given to Chinese in …
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Beijing, China | AFP | Hundreds of photos and videos of naked women used as collateral for loans on a Chinese online lending service have leaked onto the web, highlighting regulatory problems in the fast-growing peer-to-peer marketplace. A 10-gigabyte file posted on the internet exposed the personal details of more …
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Frank Sebbowa is the outgoing Executive Director of Uganda Investment Authority. He spoke to Ian Katusiime about his accomplishments and investment issues. What are some of the achievements you registered at UIA? For the four years I was at UIA, I brought calm to the organisation. There was a lot …
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Royal Van Zanten chemical poisoning common, say workers’ rights groups “That one flower, for a new girlfriend or a father, a colleague’s birthday or a grandmother, often means more than all the bunches put together. It’s not about the numbers, the colours or sizes. It’s about the love and passion …
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Experts tell Museveni, Mutebile, Muhakanizi President Yoweri Museveni’s unchecked spending and the Ministry of Finance and Bank of Uganda efforts to clean have created a lope-sided economy that is hurting everyone. That is the view of several economists interviewed by The Independent. Dr. Lawrence Bategeka, formerly a researcher at the …
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Tanzanian based -lowcost carrier Fastjet has announced plans to cut flights in East Africa starting this month as part of a route rationalisation exercise meant to match frequencies and customer demand. Fastjet, which launched direct flights between Dar es Salaam and Entebbe International Airport in 2014, says “rationalisation” of its …
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The Independent Uganda: You get the Truth we Pay the Price
