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Tag Archives: investors

Zimbabwe to grant citizenship to deserving investors

Harare, Zimbabwe | Xinhua | Friendly investors will be granted Zimbabwean citizenship as part of the government’s efforts to lure investment, a cabinet minister has said. “President Emmerson Mnangagwa is once again going to make history by making Zimbabwe one of the first African countries to offer a pathway to citizenship …

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Investors flee Karamoja as mining sites targeted

Moroto, Uganda | THE INDEPENDENT | Local governments in Karamoja districts are losing revenue accruing from the transportation of mineral transportation as miners withdraw from the fields citing the insecurity in the region. Karamoja region has experienced unrest for the past few months following the escalation of ambushes and raids …

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Museveni calls for more Turkish investments in Uganda

Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has called on Turkish investors to get more involved in Uganda’s nascent mineral sector for it to realise its full potential. Museveni made the remarks while meeting Turkish investors led by the Turkish Ambassador to Uganda, Fikret Kerem Alp at State House …

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Fires destroy 1,400 acres of sugarcane in Lamwo

Gulu, Uganda | THE INDEPENDENT | Wildfires have destroyed more than 1,400 acres of sugarcane in Ayuu Alali parish in Palabek Kal Sub County in Lamwo district.  The Chairperson Ayuu Alali Sugarcane Outgrowers Cooperatives Society, Francis Ojwiya, says that the fire broke out from sugar plantations that had already been …

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U.S. equities post weekly gains amid Fed minutes, earnings

New York, U.S. | Xinhua | U.S. stocks advanced for the week as investors sifted through minutes from the Federal Reserve’s recent meeting and a slew of earnings reports. For the week ending Friday, the Dow rose 1.6 percent, while the S&P 500 and the tech-heavy Nasdaq Composite climbed 1.8 percent …

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