Business, Foreign News, Markets, Travel & Tourism

African tourism rakes in $58bn as Cape Town marketing fete looms

March 26

March 26—Tourists spent $58.5 billion in Africa last year. Africa is expected to attract 81.3 million […]

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Business, Communications, Companies, Technology & Telecoms

Increased data sales help drive MTN Uganda 2018 revenues

March 25

March 25—MTN Uganda reported that revenues grew by 8.6 percent during 2018, with sales for data […]

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Business, Companies, Transport, Travel & Tourism

Ethiopian Airlines sticks with Boeing despite tragedy

March 25

March 25—Ethiopian Airlines management on Monday said US-based Boeing remains their first choice for equipment and […]

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Business, Companies, Energy, Infrastructure

Electricity distributor profits go up nearly fourfold to $35m

March 25

March 25—There is good news for Umeme. Announcing its financial results today, the electricity distributor posted […]

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Business, Companies, Trade & Industry

Kiira Motors assembly plant sets benchmark for local content

March 23

The ongoing construction of a motor vehicle assembly plant by Uganda’s automotive value chain pioneer, Kiira […]

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Business, Finance, Foreign News, Infrastructure, Investment, Policy

US renews caution against taking on Chinese debt

March 21

March 21—John J. Sullivan, the United States Deputy Secretary of State, was in Angola. Sullivan was […]

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Business, Transport, Travel & Tourism

African carriers see traffic rise amidst zero profits

March 21

March 21—African airlines saw January traffic rise 5.1 percent, up from 3.8 percent in December, but […]

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Business, Energy, Foreign News, Hydrocarbons, Policy

South Sudan wants competitive bidding to raise oil revenues

March 21

March 21—-South Sudan wants to sell its crude via a competitive and transparent tender process for […]

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Energy, Finance, Financial Services, Hydrocarbons, Investment

Petroleum Fund revenues drop by $30m in 2017/18

March 20

March 20—Uganda’s Petroleum Fund, the depository for all revenues accruing to the government from petroleum and […]

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Business, Energy, Hydro

Uganda’s Isimba power station to be commissioned March 21

March 20

President Museveni is expected to preside over the commissioning of Uganda’s 183MW Isimba hydro-power station, on […]

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