Tanzania’s Government signed a $154 million (Shs552.5bn) contract on Saturday with the State-run China Harbour Engineering Company (CHEC) to expand the main port in the commercial capital, Dar es Salaam. Tanzania is seeking financing for infrastructure projects as part of its plans to transform the country into a regional transport
Read More
Prime Minister Theresa May was fighting to hold on to her job on Friday as British voters dealt her a punishing blow, denying her the stronger mandate she had sought to conduct Brexit talks and instead weakening her party's grip on power. With no clear winner emerging from Thursday's parliamentary
Read More
When Kenya sneezes, Uganda catches a cold, for what affects Kenya, directly affects Uganda and the East African region at large. And as the East Africa’s largest economy goes to the polls in August this year, the stakes are high considering the 2007-2008 bloody and divisive elections. Accusations of vote-rigging,
Read More
Corruption, mismanagement and political influence are undermining investment in Uganda’s mining sector and threatening people and environment, Business Focus reveals. The Global Witness report released on Monday (June5, 2017) indicates that pervasive corruption in Uganda’s mining sector allows crooked officials and the investors they partner with to profit at the expense
Read More
People are drinking fewer alcoholic drinks, according to a new industry report tracking consumption worldwide. Beer sales continued to slide last year and the trend towards cider sipping stalled. The global market for all alcoholic drinks contracted 1.3% in 2016, driven by a 1.8% fall in beer sales, the International
Read More
Congolese President Joseph Kabila on Saturday said he had never "promised anything" about whether to hold elections in the Democratic Republic of Congo, seeming to back away from a deal to hold a vote this year. "I have not promised anything at all," Kabila told the German weekly Der Spiegel
Read More
Oil prices have risen after a political rift in the Middle East escalated with Saudi Arabia, Egypt, Bahrain and the United Arab Emirates severing ties with Qatar. As a result Brent crude, which is a global benchmark for oil value, climbed 1.24% in early trading in Asia on Monday to
Read More
Saudi Arabia, Egypt, Bahrain, the United Arab Emirates and Yemen have cut diplomatic ties with Qatar, accusing it of destabilising the region. They say Qatar backs militant groups including so-called Islamic State (IS) and al-Qaeda, which Qatar has denied. The Saudi state news agency SPA said Riyadh had closed its
Read More
China on Thursday rejected allegations that two of its diplomats working in Uganda were involved in the trafficking of ivory from the African country. The Chinese embassy officials are suspected of helping move ivory from the Democratic Republic of Congo, the Central African Republic and South Sudan, using Uganda as
Read More
The authorities in the US are still considering banning laptops from cabin baggage on all international flights, the head of Homeland Security says. John Kelly said there was a real threat and terrorists were "obsessed" with the idea of knocking down a US plane. The US already has a ban
Read More
