Business

RwandAir launches new route to Central African Republic

RwandAir launches new route to Central African Republic

Rwanda’s national flag carrier, RwandAir, has announced the launch of a new route to Central African Republic’s capital, Bangui, on Feb. 3, as part of its efforts to recover from[Read More…]

by January 30, 2021 0 comments Business
Kenya drops, Rwanda shines in global corruption index

Kenya drops, Rwanda shines in global corruption index

Kenya dropped three places in the 2020 Corruption Perception Index (CPI) published on Thursday by Transparency International (TI). The country scored 31 points out of a 100 against last year’s[Read More…]

by January 29, 2021 0 comments Business, Lifestyle
UK bans direct flights from UAE, shutting world’s busiest international route

UK bans direct flights from UAE, shutting world’s busiest international route

LONDON/SYDNEY (Reuters) – Britain is banning direct passenger flights to and from the United Arab Emirates from Friday, shutting down the world’s busiest international airline route from Dubai to London.[Read More…]

by January 29, 2021 0 comments Business
Egypt imposes new taxes on cigarettes

Egypt imposes new taxes on cigarettes

Egypt will begin collecting an additional one Egyptian pound ($0.064) for every pack of cigarettes sold in the local market starting July, the state-run General Authority for Health Insurance announced[Read More…]

by January 21, 2021 0 comments Business
Africa’s richest man Aliko Dangote loses KSh 98 billion in just 24 hours

Africa’s richest man Aliko Dangote loses KSh 98 billion in just 24 hours

– The new year started with uncertainty as Africa’s richest man reportedly lost KSh 98 billion (US$900 million) – Dangote, as at December 13, 2020, was worth $17.8 billion (Ksh[Read More…]

by January 12, 2021 0 comments Business
Rapper Akon financing copper and cobalt mine in Congo for this reason

Rapper Akon financing copper and cobalt mine in Congo for this reason

A company led by American-Senegalese R&B singer Akon has signed a deal to finance a copper and cobalt mine in the Democratic Republic of Congo in a joint venture with[Read More…]

by January 7, 2021 0 comments Business, Entertainment
Police seize fake dollars that were allegedly stolen from Don Zella

Police seize fake dollars that were allegedly stolen from Don Zella

Police at Jinja Road are holding a man who allegedly stole $80,000 from Kampala socialite Sheila Nandege popularly known as Don Zella. Jeremiah Adome, 36, allegedly broke into Nandege’s Room[Read More…]

by January 6, 2021 0 comments Business, Lifestyle
African nations free trade zone opens for business amid Covid

African nations free trade zone opens for business amid Covid

African countries began officially trading under a new continent-wide free trade area yesterday, after months of delays caused by the global coronavirus pandemic. But experts view the New Year’s Day[Read More…]

by January 2, 2021 0 comments Business
Burundi Launches Airline Amid Similar Initiatives in East Africa

Burundi Launches Airline Amid Similar Initiatives in East Africa

Burundi will relaunch a state-owned airline next year, more than a decade after the failure of its erstwhile carrier, Air Burundi. The state will hold a 92% stake in Burundi[Read More…]

by December 28, 2020 0 comments Business, Lifestyle
Rwandan company making bread and biscuits from sweet potatoes

Rwandan company making bread and biscuits from sweet potatoes

We speak to Umugiraneza Regis, CEO of CARL Group, a Rwandan company that processes sweet potatoes to produce bread and biscuits under the Vita brand. 1. How did you come[Read More…]

by December 23, 2020 0 comments Business