Business

Petrofund Launches Flagship Scholarship to Empower Namibian Youth in Oil and Gas

Leave a Comment / Africa, Business, News / Ronald Kabuubi

WALVIS BAY, Namibia, July 31, 2025/ — Namibia’s Petroleum Training and Education Fund (Petrofund) officially launched its flagship scholarship program during the 2nd Youth in Oil and Gas Summit, reinforcing its commitment to building a highly skilled national workforce for the country’s burgeoning oil and gas sector. The new scholarship complements the Namibian government’s free tertiary […]

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Nabbanja launches EC headquarters construction as FDC president withdraws from race

Leave a Comment / Africa, Business, East Africa, International News, Politics, World / Ronald Kabuubi

The Electoral Commission has launched the construction of its new headquarters, which will cost 400 billion Shillings. The headquarters will be in Lweza B, Ndeje Division, Makindye Saabagabo, Wakiso district. The Prime Minister, Robinah Nabbanja and EC Chairperson, Justice Simon Byabakama during the groundbreaking of the EC Headquarters The Electoral Commission has launched the construction of its new

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PRESIDENT MUSEVENI AND PRESIDENT RUTO SIGN NEW BILATERAL AGREEMENTS

Leave a Comment / Africa, Business, East Africa, International News, Politics / Ronald Kabuubi

The new agreements cover diverse sectors, including tourism, property rights, fisheries, aquaculture, agriculture, and transport, emphasising a shared commitment to strengthen economic ties and promote regional cooperation. The Memoranda of Understanding include: Tourism Cooperation – Enhancing the tourism sectors in both countries to attract more visitors. Property Rights – Aiming to build resilience for local

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PRESIDENT MUSEVENI WANTS HOTEL TAXES RECONSIDERED TO BOOST TOURISM

Leave a Comment / Africa, Business, East Africa, News / Ronald Kabuubi

Uganda’s President Yoweri Kaguta Museveni on Tuesday 29th July 2025 came out strongly against the taxation of hotels, saying the tourism sector is an export industry that should not be burdened with domestic-style taxes. Meeting a delegation from the Uganda Tourism Association (UTA) at State House Entebbe, the President expressed concern upon learning that hotels

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Kenya leaders protest as Tanzania bans foreign businesses

Leave a Comment / Business, East Africa, News / Ronald Kabuubi

Kenya leaders protest as Tanzania bans foreign businesses. Kenya has protested Tanzania’s latest business licensing regulations and tax measures, describing them as discriminatory and a threat to regional economic integration within the East African Community (EAC). In a statement on Wednesday, the Ministry of Investments, Trade and Industry (MITI) expressed deep concern over Tanzania’s

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Global Investment in African Gold Surges Ahead of African Mining Week (AMW) 2025

Leave a Comment / Africa, Business, News / Ronald Kabuubi

CAPE TOWN, South Africa, July 30, 2025/ — Africa – the world’s second-largest gold-producing region after China – is seeing a marked increase in gold mining investment in 2025. Driven by strong global demand, favorable prices and vast untapped reserves, international financiers are stepping up support for gold projects across the continent. In June, Canadian

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NETSCOUT Delivers Double-Digit Energy Savings for Data Centre Observability Solutions

Leave a Comment / Africa, Business, East Africa, International News, Technology / Ronald Kabuubi

Solutions Optimised for Reduced Energy Consumption in the AI Era WESTFORD, Mass., July 29, 2025 – NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT), a leading provider of observability, AIOps, cybersecurity, and DDoS attack protection solutions, has announced how the intentionally efficient design and architecture of its InfiniStreamNG solution also enables incremental advances in product energy efficiency, thus reducing operational costs and

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Uganda to Scrap Shs1,000 and Shs2,000 Notes? BoU Weighs Coin Switch

Leave a Comment / Africa, Business, East Africa, International News, News / Ronald Kabuubi

The Bank of Uganda (BoU) has revealed it is conducting a comprehensive cost-benefit analysis on the potential replacement of low-denomination banknotes with coins. This development, which has been shared with officials from the International Monetary Fund (IMF), is part of a broader initiative by the central bank to enhance the efficiency of currency management in the

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Speech of the Vice President of Uganda H.E Jessica Alupo Epel representing President Yoweri Kaguta Museveni at the UN Food Summit in Addis

Leave a Comment / Africa, Business, East Africa, Security, World / Ronald Kabuubi

His Excellency, Abiy Ahmed Ali, Prime Minister of the Federal Democratic Republic of Ethiopia Your Excellencies, Distinguished Delegates, Ladies and Gentlemen Ethiopia, the United Nations, United Nations Economic Commission for Africa (UNECA), African Union Member States and all partners for convening the UN Food Systems Summit. Introduction The Food Systems Agenda sits at the nexus

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African Energy Week (AEW) 2025 to Host Regional Roundtable on Local Content Development

Leave a Comment / Africa, Business, News / Ronald Kabuubi

CAPE TOWN, South Africa, July 28, 2025/ — As Africa’s energy markets mature, the imperative to strengthen local capacity and deepen value creation is more pressing than ever. At the upcoming African Energy Week (AEW) 2025: Invest in African Energies in Cape Town, a high-level Local Content Roundtable on “Driving Local Value and Maximizing Stakeholder

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