Tag Archives: Business

London, United Kingdom | AFP | The Premier League is set to announce a record annual pre-tax loss of £312 million because of the declining value of the sterling and new accounting rules, the Financial Times reported on Friday. English football’s top flight is the wealthiest major domestic football competition …

Entebbe’s popular quick-casual and coffee-themed restaurant Café Javas at Victoria Mall will be closed for repairs after part of the ceiling board collapsed late on Wednesday night. No one was injured and the management of the chain issued a statement re-assuring customers. KnightFrank Uganda, the managers of Victoria Mall, also …

COMMENT: Trump’s rejection of international trade rules by executive order and renegotiation foreshadow likely trade tensions By Oonagh Fitzgerald and Hector R. Torres Donald Trump’s presidency is posing fundamental challenges to the rule-based international trading system that has buttressed global growth for decades. But while America’s protectionist maneuverings threaten a …

VIDEO: Kampala minister Beti Olive Namisango Kamya has clarified government’s decision to throw out the park yard vendors, days before the expiry of the time given to them. According to Kamya, the planned developer was giving vendors lucrative terms which they did not want to miss. Share on: WhatsApp

VIDEO: The late Bonny Katatumba was an asset for Uganda in the eyes of Prime Minister Dr Ruhakana Rugunda. The premier described the late Katatumba as enterprising, and patriotic who greatly contributed to building peace and the economy. The premier was speaking at a requiem mass at Rubaga Cathedral. Share on: WhatsApp

VIDEO: Uganda is mourning the passing on of celebrated businessman and diplomat Boney katatumba, who succumbed to post surgery effects of pneumonia and asthma at IHK Namuwongo. The family has already laid out burial arrangements with burial planned for Sunday 26th February 2017.   Share on: WhatsApp

Washington, United States | AFP | A coalition led by some of the world’s biggest tech firms is taking on President Donald Trump’s travel ban, signaling the contentious relationship between the sector and the White House could be about to get worse. Scores of technology giants — including Apple, Facebook, …

Shareholders of the regional beer maker, East African Breweries Limited (eabl) are set to receive a dividend of Kshs 2 (Shs 68) per share even as the company recorded a 2% growth in profit after tax to Shs 188bn in the second half of the year ending December 31, 2016 …

President Museveni, Magufuli to discuss EPA, Burundi Uganda’s President Yoweri Museveni and Tanzania’s President Dr. John Magufuli will meet February to agree on East Africa’s way forward on the controversial Economic Partnership Agreement (EPA). The EPA is supposed to be negotiated between the EU and member states of the East African Community (EAC). Kenya …

Harare, Zimbabwe | AFP |  A Zimbabwean court has ordered President Robert Mugabe’s wife to return three properties she seized from a local businessman in a messy dispute over a $1.35-million diamond ring, a lawyer said Thursday. Grace Mugabe was taken to court by Jamal Ahmed after she took over …