Kampala, Uganda | THE INDEPENDENT | Taxi hailing company Uber has introduced a 24-hour telephone support service on its app owed to increased demand. Previously, they had to rely on the US firm’s in-app messaging service for assistance or were forced to visit the Uber website for help. “Our new 24/7 …
Read More »Dfcu gets US$30m for SME
Kampala, Uganda | JULIUS BUSINGE | French Development Finance Institution, Proparco has arranged a US$30m senior debt facility to support dfcu bank in bridging the long-term financing gap for small businesses. Proparco extended financing of US$15m alongside US$15m from FMO (the Dutch Development Bank) to dfcu. The facility is primarily earmarked …
Read More »RwandAir seeks approval to run-Accra-New York Route
Kampala, Uganda | THE INDEPENDENT | Rwanda’s national carrier, RwandAir, hopes to use the West Africa hub of Accra to feed its direct flights to the US once it gets the final approval from the Ghana Civil Aviation Authority (GCAA) and the US Federal Aviation Agency (FAA). A statement from the …
Read More »Uganda shilling gains as festive season sets in
Kampala, Uganda | THE INDEPENDENT | The Uganda Shilling has strengthened against the dollar and other currencies as the festive season sets in. The Shilling has been trading in the range of 3,650/90 throughout the week, a marked gain compared to previous weeks. Money market watchers attribute the strengthening of the …
Read More »Oil giant Total fined in France for Iran corruption
Paris, France | AFP | A French court on Friday fined oil giant Total 500,000 euros ($575,000) for corruption over bribes it paid to secure a huge gas concession in Iran in 1997. The French company was accused of paying $30 million in bribes in return for help in securing …
Read More »Waste sorters daring disease in the search for money
Kampala, Uganda | THE INDEPENDENT | In a hustle to find a job, Peter Mubiru was introduced to the garbage world. Today Mubiru earns a living from collecting domestic waste across Kampala. Mubiru’s working day starts at 7 a.m., and unlike others, endures hours of standing at the back of a …
Read More »Ugandan printers reaping big from DRC campaigns
Kampala, Uganda | THE INDEPENDENT | Ongoing campaigns and preparations for the upcoming elections in the Democratic Republic of Congo (DRC) have given a boost to printing and graphics businesses in Kampala. Several traders operating along Nasser Road have secured numerous orders from DRC politicians in the run up to the …
Read More »MPs want UWEP groups to venture into export
Kampala, Uganda | FRANK MUGABI | Women Members of Parliament have called for the elevation of Uganda Women Entrepreneurship Programme (UWEP) groups to increase production with an eye on the export market. The MPs noted that many of the women groups they have visited are engaged in sectors whose products are …
Read More »Two arrests over Gatwick-London airport drone chaos as flights resume
Gatwick Airport, United Kingdom | AFP | Two people were arrested in connection with the “criminal use of drones” at London Gatwick Airport, police said Saturday, after three days of disruption affected tens of thousands of passengers during the pre-Christmas getaway. Drones were first sighted hovering around Britain’s second-busiest air …
Read More »Boeing lands jet deals with Nigeria, Saudi for $9.3 bn
Paris, France | AFP | US planemaker Boeing on Friday said it had agreed deals worth an overall $9.3 billion to sell 50 jets to Nigeria’s Green Air and 30 to Saudi carrier flyadeal. The company lauded the Nigeria accord, which includes a further 50 options, as the largest signed …
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