Business, Companies, Investment, Markets

NIC sounds profit warning

April 28

Listed underwriter NIC Holdings Limited has issued an advisory to stockholders warning of a negative balance […]

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Business, Companies, Energy, Hydrocarbons, Investment

Oil majors consider holding off FID until after 2021 elections

April 27

Anxious about the trajectory the country’s politics is taking, oil majors Total E&P and Chinese counterpart […]

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Business, Infrastructure, Trade & Industry, Transport

Double jeopardy for Uganda as Kenya halts SGR development

April 27

Uganda faces diminishing options for its SGR development after Kenya, on whom it had banked for […]

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Business, Companies, Energy, Hydrocarbons, Investment

Tullow Oil says close to tax deal with Uganda government

April 26

April 26—London-based Tullow Oil told shareholders on Thursday, a Final Investment Decision (FID) on a joint […]

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Business, Foreign News, Travel & Tourism

New air routes could add $29bn to Africa’s revenue

April 25

New intra-African air routes could yield $29 billion in direct revenue, delegates to the fourth edition […]

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Business, Companies, Foreign News, Travel & Tourism

Uganda Airlines CRJ makes surprise appearance in Cape Town

April 25

One of Uganda Airlines new CRJ-900 jets has embarked on an African tour under a partnership […]

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Business, Finance, Financial Services, Foreign News, Investment

Kenyan fintechs take bulk of $1 billion invested in African start-ups

April 24

April 24–Kenyans took the lion’s share of the over $1 billion that went into African start-ups […]

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Business, Finance, Infrastructure, Investment, Transport

Chinese financing decision for Uganda railway may come within days

April 24

April 24—The Uganda government will know by this weekend whether China is lending the bulk of […]

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Business, Companies, Opinion

Dissecting Uganda Airlines fleet strategy

April 22

Michael Wakabi As the first pair of Uganda Airlines Bombardier CRJ-900 jets embarked on the last […]

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Business, Companies, Transport, Travel & Tourism

Air Mauritius becomes first A330neo operator in southern hemisphere

April 18

Air Mauritius has become the second African operator of the A330-900, after taking the first of […]

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