With European soccer’s annual transfer window drawing to a close and star players from Alexis Sanchez to Virgil van Dijk changing hands at values higher than ever, Nike Inc. has a boots-on-the-ground advantage over rival Adidas AG, Bloomberg reports. The combined value of the 100 most expensive players in the
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Remarks by His Excellency, Prof. Yemi Osinbajo, SAN, GCON, The Vice President of The Federal Republic of Nigeria, at an Interactive Session Titled “Stabilizing The Mediterranean” at the World Economic Forum in Davos, Switzerland, on Wednesday, 24 January, 2018: [caption id="attachment_8061" align="aligncenter" width="573"] Prof. Yemi Osinbajo, The Vice President of
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US President Donald Trump is to meet Rwanda's President Paul Kagame at the World Economic Forum in Davos, Switzerland. It is the final day of the annual summit, which brings together global political leaders, businesspeople and economists. Some African attendees have threatened to boycott President Trump's speech later today over
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Tourism state minister Godfrey Ssuubi Kiwanda has unveiled plans of using sports to promote domestic tourism. Speaking to the press on Wednesday during the unveiling of a sports only content company, Sports Broadcasting, Kiwanda said that Uganda targets 4 million tourists next year but sports has been benchmarked as one
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Police has recovered the body of Captain Aluma Ariko, the Assistant Private Secretary to the President on Security from a guest house in Kampala. Aluma's lifeless body was found lying in Kaguje Guest House near Usafi market where he checked in last night. Luke Owoyesigyire, the Kampala Metropolitan Police spokesperson,
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Bill Gates, Chief Executive Officer (CEO) of Microsoft and one of the world’s richest men has cautioned the U.S. president Donald John Trump against damaging the country’s relations with Africa. Speaking at the annual World Economic Forum summit in Davos, Switzerland, Gates said the U.S. could lose Africa to China
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Kenyan tycoon Narendra Raval, who runs the Devki Group, East Africa’s largest building materials company, is constructing two new cement factories in the country worth millions of dollars, Forbes reports. According to a report by Construction Kenya, the first plant will have the capacity to produce 750 million tonnes of
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Fuel pump prices are increasing in Uganda, a development that has seen transport fares go up in some parts of the country. Currently, a litre of petrol in Kampala is averaging Shs3, 800, up from an average of Shs3, 600 a fortnight ago. In Western parts of Uganda, a litre
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Uganda’s National Drug Authority (NDA) has been named in shoddy deals that are threatening the heath sector. In their petition to the Speaker of Parliament, Rebecca Kadaga on Thursday at Parliament, pharmacy owners under their umbrella body, Uganda Pharmacy Owners Association (UPOA) want Parliament to have an immediate investigation and
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Nakumatt’s court-appointed administrator Peter Obondo Kahi has taken over management of the struggling retailer, which will now be shielded from its creditors in the short term as it tries to recover, the Daily Nation reports. Mr Kahi has organised a suppliers’ meeting on Wednesday next week, aiming to document their
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