Umeme secures Shs259b loan for grid expansion
Uganda’s electricity distributor Umeme Ltd has secured US$70 million (about Shs259 billion) in a syndicated loan to finance infrastructure upgrades and national grid expansion.
The...
Global airline industry expected to improve in 2020
The International Air Transport Association (IATA) says the global airline industry will produce a net profit of $29.3 billion in 2020, improved over a net profit...
Tech giants Facebook, Google drop out of top 10 ‘best places to work’ list
Big tech companies like Facebook Inc. and Alphabet Inc.’s Google, long seen as some of the world’s most desirable workplaces offering countless perks and...
Turkish Airlines flies 5.7 million passengers in November 2019
Turkish Airlines, which has recently announced the passenger and cargo traffic results for November 2019, recorded 82.3 percent load factor in that month.
According to...
Tullow Oil CEO resigns after production goes low in Ghana
Tullow Oil CEO Paul McDade and Angus McCoss, Exploration Director, have resigned from the Board of Tullow by mutual agreement after the company posted...
