Kampala, Uganda | THE INDEPENDENT | Emerging Africa Infrastructure Fund (EAIF) and the Dutch Development Bank (FMO), will provide US $29.3 million to refinance the 13 MW Bugoye hydro-electric power station in Kasese, western Uganda. Bugoye has been generating electricity since 2008 and this power is being feed into the …
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Kampala, Uganda | THE INDEPENDENT | Milk processing firm, Fresh Dairy, grew its export earnings by 60% to US$16million (Shs92.5bn) last year on the back of improved quality of products. Fresh Dairy’s Director of Milk Procurement ,John Gethi, said the company is working with over 80 farmers’ groups countrywide and …
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Kampala, Uganda |JULIUS BUSINGE | Justice and Constitutional Affairs Minister Gen. Kahinda Otafiire on Thursday appeared before the land commission of inquiry to defend his role in the illegal giveaway of government property in Jinja, Eastern Uganda. According to information available before the commission, Otafiire, who was in 2011 the Minister …
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Kampala, Uganda | JULIUS BUSINGE | Sadolin Paints Uganda Limited has been acquired by Kansai Plascon Africa Limited; a subsidiary of Japan based Kansai Paint Company, officials representing the two companies told journalists at the company’s US$10 million plant at Namanve Industrial Hub – outside Kampala city on Aug. 03. Officials …
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Neymar signs five-year contract with Paris Saint-Germain Paris, France | AFP | Neymar completed his world record transfer to Paris Saint-Germain on Thursday when he signed a five-year contract, the French club announced. The 25-year-old Brazilian earlier broke his contract with Barcelona by paying a 222 million-euro ($264 million, £201 …
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New York, United States | AFP | The Dow hit another milestone Wednesday, ending above 22,000 points for the first time following another round of strong earnings that have overshadowed the lack of progress on President Donald Trump’s agenda. Trump himself claimed credit for the surge, noting on Twitter Tuesday that …
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Barcelona, Spain | AFP | Spain’s football league refused to accept a 222 million euro ($260 million) cheque on Friday in a new twist to Neymar’s ‘transfer of the century’ from Barcelona to Paris Saint-Germain. Representatives of the 25-year-old Brazilian were turned away from the Madrid headquarters of La Liga …
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Doha, Qatar | AFP | Qatar announced on Wednesday a five-billion-euro order for seven warships from Italy in the midst of a nearly two-month diplomatic crisis with neighbouring Saudi Arabia and its allies. “We have signed a contract on behalf of the Qatari navy to acquire seven warships from Italy for …
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Messi to Neymar: I wish you lots of luck in this new stage in your life Paris, France | AFP | Neymar is expected to arrive in Paris on Thursday to finalise his world record 222 million euro ($260 million) move from Barcelona to Paris Saint-Germain, which will earn him around …
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San Francisco, United States | AFP | Apple on Tuesday reported stronger-than-expected results for the past quarter, with higher revenues and profits, delivering a boost to its share price. Profit climbed 12 percent to $8.7 billion, and revenue rose percent to $45.4 billion, with the California-based company selling 41 million iPhones …
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The Independent Uganda: You get the Truth we Pay the Price
