BUSINESS NEWS WITH CONSOLATE NAMYALO POWERED BY STANBIC BANK: The China National Offshore Oil Corporation (CNOOC) has sponsored five Ugandan students to pursue undergraduate and masters’ degree courses in petroleum engineering and oil and gas field development engineering. Over 250 workers of Renold Construction Company (RCC) which is working on Mbarara – Katuna road section yesterday laid down their tools demonstrating against the nonpayment of their contract benefits. The National Social Security board chairman Mr Ivan Kyayonka has acknowledged he has a strategic interest in Umeme. Carat white diamond that experts said could be worth up to $15 million has been found in South Africa. ELSEWHERE: China was the worlds third largest investor for the second year in 2013, according to state news agency Xinhua. TECHNOLOGY: New York is about to get a new taxi app service – with cabs driven by women for women, according to a report in the New York Times. FOREX RATES: Currency Buying Selling USD 2,603 - 2,613 GBP 4,193 - 4,209 EUR 3,362 - 3,375 KSH 29.37 - 29.48 TSH 1.56 - 1.57
Posted on: Wed, 10 Sep 2014 11:57:04 +0000
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