Netflix expands password sharing crackdown around the world

By Lisa Richwine Netflix Inc on Tuesday expanded its crackdown on password sharing to the United States and more than 100 other countries, alerting users that their accounts cannot be shared for free outside of their households. The streaming video pioneer has been looking for new ways to make money as it faces signs of…

Milk prices increase by 50% in Kasese.

Updated by Faith Barbara Namagembe at 2327 Faith Barbara Namagembe on Friday 10th March 2023. Milk prices in Kasese district, western Uganda have increased by 50 per cent from Shs 2,000 to Shs 3,000 per litre. The pastoralists in the area say the lack of water and pasture brought about by a hard hitting drought…

Cost of living: How onions became a luxury in the Philippines

By Annabelle Liang Business reporter “No onion toppings. Every restaurant is facing a shortage of onions. You see the signs everywhere.” According to official statistics, the price of onions surged in the Philippines to around 700 pesos ($12.80; £10.40) per kg last month. Although prices have eased in recent weeks, onions are still a luxury…

The world marks International Day of Banks

By Halligan Agade & E K Benj Updated at 2241 EAT on Tuesday 06th Dec 2022 December 4 is the official International Day of Banks, marked globally to recognize the significant potential of multilateral development banks and other international development banks in financing sustainable development. This is in addition to providing know-how, and the vital…

What it will cost to get NSSF house

Follow us on Twitter, Facebook & Instagram “HICGI News Agency” The National Social Security Fund (NSSF) has released new prices for its housing projects in and around Kampala.The new rates that were disclosed at the weekend are in three categories. The first category is for high income earners whose houses are in the range of…

Business Tycoon Sudhir wins court case against Uganda’s central bank

Updated at 1729 EAT on FEB 11th 2022 The supreme court has dismissed with costs an appeal by Bank of Uganda against Business tycoon Sudhir and his company, Meera Investment Limited The court Ruling ordering the Central Bank of Uganda to pay the costs of the appeal at all court levels, right from the Commercial…

World Bank chief calls for ‘comprehensive’ debt relief for poor countries

HICGI News Agency updated at 1020 EAT on Tuesday 12th October 2021 Washington, D.C USA. Debt loads in low-income countries surged 12 percent to a record $860 billion in 2020 amid the pandemic, prompting World Bank President David Malpass to call for a “comprehensive plan” to deal with the issue. “Sustainable debt levels are vital…

Why Africell is exiting Uganda’s telecom market

By XINHUA -Updated at 0956 GMT on Wednesday 08th September 2021 Africell, one of the mobile network operators in Africa, on Tuesday announced that it will stop operations in Uganda early next month. The operator in a statement posted on its website said it will exit the Ugandan market on Oct. 7, where it has been since…

M7 Aide to Launch Book on War Lord Joseph Kony.

Kampala, Uganda By Solomon Tibaremwa 14 days’ with Kony “The hidden heroes” is the talk of town due to be launched at Serena Hotel Kampala on Friday 15th November 2019. Judith Obina Okumu, Private Secretary to H.E The President of the Republic of Uganda in Charge of Political Affairs shares a true life story experience…