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Parliament approves loans for infrastructure development

Views: 20       Hon. Musasizi Parliament has approved government requests to borrow US$15.22 million and US$73.15 million from the African Development Bank Group for the construction of Laropi-Moyo-Afoji Road and the Katuna-Muko-Kamuganguzi Road. The approval followed a motion presented by the Minister of State for Finance, Planning, and Economic Development (General Duties), Hon. […]

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Coca-Cola Beverages Africa recognised as a Top Employer in Africa

Views: 23Coca-Cola Beverages Africa recognised as a Top Employer in Africa PRESS RELEASE Coca-Cola Beverages Africa recognised as a Top Employer in Africa CCBA was certified as a Top Employer in Africa, and its operations in Ethiopia, South Africa, Tanzania and Uganda achieved this accolade at country level CCBA in Uganda Pic: l-r Flavia Kiconco,

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MPs push for reinstatement of funds in 2025/2026 Budget

Views: 27The Chairperson of the Budget Committee, Hon. Patrick Isiagi (L) interacting with members after the meeting Members of Parliament on the Budget Committee have called for the reinstatement of funds removed from the current financial year’s budget in the 2024/2025 financial plan. In the 2024/2025 budget, legislators allocated Shs750 billion to critical areas such

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Biden Bans Connected Vehicles From China, Russia Over Security Risks

Views: 11Biden Bans Connected Vehicles From China, Russia Over Security Risks   WASHINGTON, Jan 15 (Bernama-dpa) — Outgoing US President Joe Biden on Tuesday announced a ban on Chinese and Russian technology in vehicles, citing national security concerns, reported German news agency dpa. The new regulations will prevent the sale and import of connected vehicle hardware

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Thailand seeks negotiations with China to lift syrup imports ban

Views: 11Thailand seeks negotiations with China to lift syrup imports ban BANGKOK – Chinese authorities have asked Thailand to inspect dozens of factories before opening negotiations to lift a ban imposed last month on sugar syrup and premixed powder exports from the Southeast Asia nation, Thai officials said. Thailand, the world’s second-largest sugar exporter, was

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COL. NAKALEMA MEETS INDIAN BUSINESS FORUM OFFICIALS

Views: 16Col. Edith Nakalema shares a light moment with the director general of the Indian Business Forum Rajesh Kumar and his delegation during a meeting at Nakasero on Monday. PPU Photo The Head of the State House Investors Protection Unit (SHIPU), Col. Edith Nakalema has today met and held discussions with officials from the Indian

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LemFi, the trusted financial services platform designed for immigrants, has secured $53M in Series B funding led by Highland Europe

Views: 13 LemFi, the trusted financial services platform designed for immigrants, has secured $53M in Series B funding led by Highland Europe The new round brings LemFi’s total capital raised to $85 million to date LONDON, United Kingdom, January 14, 2025/ — LemFi is transforming how immigrant communities access financial services, starting with international remittance

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Novastar Ventures backs the growth of Sistema.bio in Africa

Views: 20 Novastar Ventures backs the growth of Sistema.bio in Africa Combined with Novastar’s investment, Sistema.bio has raised a total financing of USD 18.5 million in 2024, with a focus on regional geographic growth and adding new products NAIROBI, Kenya, January 14, 2025/ — Sistema.bio (https://Sistema.bio), a global leader in the delivery of biogas technology,

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Experts estimate Los Angeles Wildfires caused nearly $20B in damage

Views: 8Experts estimate Los Angeles Wildfires caused nearly $20B in damage   ALBABWABA – The Palisades fire, which started in the Pacific Palisades last Tuesday, has burned approximately 23,654 acres and 5,316 structures. As of now, it is 11% contained. Experts estimate the total damage will approach $20 billion. $20B total damage According to risk

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2nd announcement by Houthi group of targeting USS Harry Truman aircraft carrier in less than week

Views: 152nd announcement by Houthi group of targeting USS Harry Truman aircraft carrier in less than week   The Yemeni Houthi group announced another attack Friday against a US aircraft carrier in the Red Sea amid tensions between the group and the US, UK and Israel. The group’s military spokesman Yahya Saree said fighters targeted

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