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Category "Economy"

    Pizza Express sold to Chinese firm Hony Capital for £900m

Pizza Express sold to Chinese firm Hony Capital for £900m

The restaurant chain Pizza Express has been sold to a Chinese firm for around £900m, following "considerable interest" in the business. The UK Gondola Group confirmed the sale to private equity firm Hony Capital. There are 436 Pizza Express restaurants in the UK along with 68 internationally - including 22 in China [...]

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    China gave $14.4 bn in foreign aid in three years

China gave $14.4 bn in foreign aid in three years

BEIJING - China, the world's second-largest economy after a decades-long boom, provided a total of 89.3 billion yuan (now $14.4 billion) in foreign aid in the three years to 2012, it said Thursday. The assistance, in the form of grants, interest-free loans and other lending on generous terms, went to 121 [...]

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    Emirates takes milestone delivery of 50th A380 aircraft

Emirates takes milestone delivery of 50th A380 aircraft

71% growth in capacity since 2010 cements Emirates position as world’s largest international airline Thursday 10 July, 2014 — Emirates has received its 50th A380 aircraft, strengthening its position as the world’s largest international airline. This latest delivery takes Emirates’ all wide-body fleet to 224 aircraft, representing the world’s largest fleet of [...]

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Uganda: Traditional healers petition court over advert ban

  Uganda: Traditional healers petition court over advert ban

Traditional healers under umbrella body Uganda N’obuwangwa Bwaffe Limited, have petitioned court, challenging the advertisement ban imposed by regulator Uganda Communications Commission (UCC). On June 27, they filed an application for [...]

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UNAFFE asks govt to revise taxes on farm inputs

  UNAFFE asks govt to revise taxes on farm inputs

JINJA - The president of the Uganda National Farmers Federation (UNAFFE) Charles Ogang has requested government to revise taxes on agricultural inputs. Ogang made the request through State Minister for Fisheries [...]

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Can Geoengineering save small holder farmers from adjuncts of climate change in Uganda?

  Can Geoengineering save small holder farmers from adjuncts of climate change in Uganda?

Farmers interact with the environment on a daily basis. Therefore, nobody will be affected by the hazards of climate change than smallholder farmers. Yet farmers, once empowered with both adaptative and [...]

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Business leaders denounce graft

  Business leaders denounce graft

Business leaders have underscored the need for promotion of accountability, transparency and efficiency in the public and private sectors for the country to beat poverty and succeed in all development [...]

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Editors Forum gets shot in the arm

Airtel Tanzania on Tuesday offered sports gear worth 1.1m/- to the Tanzania Editors Forum (TEF) soccer team, which will play a friendly match in Mtwara on Saturday. Speaking at a brief [...]

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Bank M maintains robust growth

Bank M Tanzania has maintained growth of earnings during the quarter ended June 2014, recording 5.05bn/- pre-tax profit, which is nine per cent higher compared to 4.63bn/- of the corresponding [...]

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