Business

Kampala, Uganda | THE INDEPENDENT | Maize flour prices in Kenya has increased by nearly third to Ksh 115 for the two kilogramme packet since the millers exhausted subsidised flour stocks. The country’s media reports indicate that the top retailers including Uchumi and Tuskys have exhausted the Ksh90 maize flour …

Kampala, Uganda | THE INDEPENDENT | Serena Hotels is set to expand into the Democratic Republic of Congo with the opening of a new property located on the shore of Lake Kivu in Goma. Reports indicate that the new property consists of 100 rooms and suits. At the same time, …

Kampala, Uganda | THE INDEPENDENT | The Uganda Blood Transfusion Service (UBTS) has received a huge boost after the National Social Security Fund in partnership with Equity Bank unveiled a week long blood donation drive on Jan.08. The initiative is expected to collect at least 4,500 units, according to the NSSF …

Kampala, Uganda | THE INDEPENDENT | Ethiopia’s national carrier, Ethiopian Airlines, has eased airt ticketing with the launch of a mobile application. The airline said passengers originating from Addis Ababa will now have the option to effect the payment either through mobile payment or internet banking. This new initiative will …

Johannesburg, South Africa | AFP | South African police Saturday intervened to clear protesters trashing outlets of Swedish clothing giant Hennes and Mauritz in Johannesburg over a controversial advertisement of a black child. A photo on the company’s online website of a black boy wearing a green hoodie with the …

Kampala, Uganda |THE INDEPENDENT | The Public Accountants Examinations Board (PAEB) of the Institute of Certified Public Accountants of Uganda (ICPAU) released the November 2017 examination results on Jan.05, showing a 1.4% improvement in performance compared with the June – 2017 results. ICPAU executives  said 6, 055 candidates sat the …

Nairobi, Kenya | THE INDEPENDENT | Kenya Airways is set to become the first airline to offer a non-stop flight between East Africa and the United States of America starting October 2018. This will enable Kenya Airways join a small club of African airlines that fly directly to the US …

Washington, United States | AFP | The White House on Friday welcomed news of a sharp drop in Chinese trade with North Korea, saying it would help put pressure on the regime of Kim Jong-Un. China reported earlier that its imports from North Korea plunged 33 percent last year — …

Washington, United States | AFP | Healthy retail sales in 2017 are another sign of the growing strength of the US economy, but inflation was slower than expected, according to the latest government data released Friday. This combination of solid economic growth and consumer spending, that has come with falling …

  Kampala, Uganda | THE INDEPENDENT | Makerere University has offered land and space where the proposed Tumusiime-Mutebile Centre of Excellence for Private Sector Development will be constructed and hosted. Council Chairperson of Makerere University Prof. Charles Wana Etyem confirmed the development at Thursday’s inaugural Tumusiime-Mutebile Center of Excellence (TMCE) business dialogue …