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Stop the Brexit ‘circus’, pleads UK business

London, United Kingdom | AFP | Britain’s business community on Wednesday urged politicians to avoid a “no deal” Brexit after another crushing parliamentary defeat for Prime Minister Theresa May over her EU-divorce deal with Brussels. MPs will Wednesday vote on whether the country should leave the European Union without a deal in just over two weeks, …

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Macron visits E.Africa in effort to counter China expansion

Lalibela, Ethiopia | AFP | President Emmanuel Macron visited Djibouti and Ethiopia on Tuesday, promising “respectful” partnerships in the face of growing regional indebtedness to China, which is fast expanding its foothold in the continent. Looking to strengthen economic, military and cultural ties in East Africa, Macron announced a new defence …

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Total confident momentum for Uganda’s oil is building

  Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni’s meeting with the chief executive officer Total E&P could unlock stalled investments oil and gas sector. President Museveni and Total chairman Patrick Pouyanne met in mid-January to resolve issues that have delayed international oil companies from taking a Final Investment …

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Engineer gets Ugandans walking on egg shells

Sengonzi Godfrey creates niche with egg-spiced concrete floor tiles Kampala, Uganda | PATRICIA AKANKWATSA | With Chinese tiles, Italian tiles, Turkish tile, Egyptian tiles and recently Ugandan tiles flooding the market, what chances would a budding entrepreneur have of finding success with a local tile? For Godfrey Sengonzi, the answer …

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KASAIJA: Islamic Banking an opportunity for Ugandans

  Kampala, Uganda | THE INDEPENDENT | The Minister of Finance, Planning and Economic Development, Matia Kasaija has said the zero interest system in Islamic Banking should attract a good number of Ugandan entrepreneurs. According to Kasaija, Ugandans have been reluctant to borrow from banks due to the high interest rates …

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