LAST Week Energy minister Hillary Onek lambasted the Bujagali Hydro-power project as "A bad project".

Embattled diamond junior, DiamonEx Limited has announced that it had entered into an agreement to sell 80 percent of its Botswana subsidiary to its bondholders in return for acquiring all of its liabilities.

IN THE aftermath of the failed tie-up between MTN and India's Bharti Airtel, one fact has emerged -- nobody was enamoured with the deal except the protagonists themselves.

STEEL fabricator Cosira Group will take its first step outside southern Africa next month when it opens an office in Santiago, Chile, and starts looking for a partner to launch a steel business serving South American countries.

LISTED property company Bonatla Property Holdings said yesterday its proposed acquisition of a R444m property portfolio would boost its asset base and help to create a more substantial company.

According to a World Bank report, Uganda led other East African countries last year in foreign direct investment. Uganda, it was reported, attracted Foreign Direct Investment (FDI) worth $787m, Tanzania $744m and Rwanda $103m. This reminded me of the debates

Bank profits continued to fall in the third quarter of the year, but confidence is rising in the industry, according to a survey by auditing firm Ernst & Young.