Kampala – Reports indicate that some city landlords disagreed with the government and tenants on the proposal to waive off rent arrears for the three
Category: Business
Kenya’s budget expected to diversify the economy
The Kenyan government faces tough decisions in opening up the economy while keeping Covid-19 under control and avoiding a collapse of its health system. This
Businesses watch closely as East Africa prepares budgets
The governments of Kenya, Rwanda, Tanzania and Uganda are making final adjustments to their budget plans, which will be unveiled next Thursday. The East African
Nigeria to reopen airports for domestic flights
Nigeria’s aviation authority has announced plans to reopen five airports across the country for domestic flights only, as part of easing of coronavirus restrictions. The
URA Confirms Resignation of 4 Top Officials
Uganda Revenue Authority has finally broken silence on the resignation of four senior members, saying the chose to quit. The Commissioner Domestic Taxes Dicksons Kateshumbwa
Why the US is targeting a flamboyant Nigerian banker
The US and the African Development Bank have fallen out over allegations of corruption against the bank’s Nigerian head, writes former BBC Africa Business editor
All Clear for Tullow Deal as CNOOC Waives Preempting Rights
Chinese Oil Company CNOOC has announced it will not be exercising its right to preempt the sale of Tullow Oil’s entire interest in Uganda’s oil
Freight charges fall in East Africa
The cost of exporting goods by air freight from East Africa has fallen as the number of flights from the region has increased. It is
Banks to close at 2 pm to allow staff beat curfew
Several commercial banks have announced that they will revise their time of closure to allow staff enough time to get home so as not to
African oil firms join the gender equality campaign
Seven African oil and gas companies have adopted a global campaign to ensure women are treated equally with men in the energy industry by 2030.