Tag Archives: Business

Paris, France | AFP | The French league (LFP) has reached a “major agreement” with two networks to broadcast Ligue 1 games in Sub-Saharan Africa, it announced Monday, a clear sign of the impact made by the arrival of Neymar. The deal means French-language network Canal+ and Kwese, in English and …

Washington, United States | AFP | US job creation accelerated in January, as the labor market continued to absorb workers at a robust pace, unemployment clung to a record low and wages moved higher, the government said in a key report Friday. And with a near 10-year record in wage …

Theunissen, South Africa | AFP | All 955 gold miners trapped underground for more than a day in South Africa after a power cut were rescued unharmed on Friday, to the joy of waiting relatives. “Everybody’s out,” mine spokesman James Wellsted told AFP, adding that there were no deaths or …

Cooperative banks worldwide were financed by cooperatives societies  Kampala, Uganda | ISAAC KHISA | For some time now, Uganda’s cooperatives societies have expressed the need to re-establish the Cooperative Bank as their main source of capital for production, processing, diversification and value addition. Whereas they seem to have made a …

Kampala, Uganda | THE INDEPENDENT | Despite increased allocations by government, private players and the donor community towards Uganda’s agriculture financing, the sector has remained underserved. A 2017 report by the Uganda Agribusiness Alliance on agriculture financing notes that whereas several government and donor facilities have been established to provide …

Lagos, Nigeria | AFP | A gigantic oil tanker arrived in Nigeria as part of a multi-billion dollar project that should allow one of Africa’s biggest crude producers to pump out an additional 200,000 barrels a day. The floating production storage and offloading vessel is docked in Lagos after spending …

Ugandan traders fear losses but Coca-Cola offers hope Kampala, Uganda | RONALD MUSOKE | A trader without a market now; that is Peter Musiige, the manager of a small plant that has been exporting recycled plastics to China. He lost his market when the Chinese government on Jan.01 started implementing a …

How do we ensure that new dams do not add risk to power supplies down the line? Kampala, Uganda | DECLAN CONWAY | In the 1980s and 1990s parts of Africa saw a surge in dam building for energy production. After a brief hiatus, there has been renewed interest. Many new …

Longest-serving central bank boss feted at inaugural lecture Kampala, Uganda | IAN KATUSIIME | The launch on Jan.11 of the Tumusiime Mutebile Centre of Excellence was the perfect moment to fete the long-serving governor of the central bank.  At the helm since 2001, Mutebile is the longest serving governor the …

London, United Kingdom | AFP | Manchester United narrowly pipped Real Madrid to remain the top revenue-generating club in the world as Premier League sides underlined their growing financial clout, Deloitte’s “Money League” report said Tuesday. It is the 10th time United have topped Deloitte’s list, with a revenue in 2016/17 …