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Local Business News

Energy Summit To Be Held In Uganda

Energy Summit To Be Held In Uganda

Uganda is to host the key energy and infrastructure summit next week, to explore private sector involvement. Kelly...

Kenyan Election Worries Ugandan Traders

Kenyan Election Worries Ugandan Traders

“KACITA is now advising the business community to look for alternative routes including, using the port of Dares salaam which...

High fuel prices hurt airlines’ profitability

High fuel prices hurt airlines’ profitability

Despite performance improvements posted by airlines including those that fly within Africa last year, the rising prices of...

Minister Complains that Investors are destroying wetlands

Minister Complains that Investors are destroying wetlands

Failure of investors to comply with environmental laws is largely to blame for the escalation of wetland degradation, environment...

East African Business News

Sudan and Southern Sudan Under Critism From USA for Oil Exportation Delay

Sudan and Southern Sudan Under Critism From USA for Oil Exportation Delay

The United States has criticized Sudan and South Sudan for failing to resume oil exports that are vital for...

Engen Oil In Shs12bn Tax Evasion Saga

Engen Oil In Shs12bn Tax Evasion Saga

Engen Uganda Limited has been implicated in tax evasion worth Shs 12bn by Uganda Revenue Authority. The tax body...

DEMO Announces Inaugural DEMO Africa, Oct 24-26, 2012

DEMO Announces Inaugural DEMO Africa, Oct 24-26, 2012

The newest addition to DEMO's Global Launch Program, DEMO Africa 2012 will provide the most innovative emerging and established companies...

Green handset shipments to reach almost 400 million by 2017

Green handset shipments to reach almost 400 million by 2017

A new report from analyst firm Juniper Research forecasts that green handset shipments will reach 392 million by 2017 –...

International Business News

Audi and BMW rule in emerging markets. Here’s why Mercedes is still stuck in neutral

Audi and BMW rule in emerging markets. Here’s why Mercedes is still stuck in neutral

For luxury car companies, limited European demand has made emerging markets the site of an increasingly aggressive turf war....

UK Inflation Rise Hits Commuters As Rail Fares Set To Increase By 6.2%

UK Inflation Rise Hits Commuters As Rail Fares Set To Increase By 6.2%

Hard-hit rail commuters face a greater-than-expected 6.2% hike in average fares in the new year after official figures revealed a...

Facebook Admits It Doesn’t Know How Mobile Works

Facebook Admits It Doesn’t Know How Mobile Works

As Facebook moves inexorably toward its much-anticipated initial public offering, attention has been focused on all kinds of things about the...

Globe to charge readers for online content

Globe to charge readers for online content

The Globe and Mail is moving to charge readers for its online content, following a trend established by theNewThe Globe...