DPA In the Ugandan capital Kampala, a pot-holed dirt road weaves through a cluster of shacks along a stinking stream until a helicopter made from scrap metal emerges into view. “Welcome to Wakaliwood,” movie director Isaac Nabwana says, stepping out of a group of actors dressed as soldiers or gangsters. Nabwana’s company, Ramon Productions — known as Wakaliwood — ...

  TNS If you’re planning to launch a mobile app to generate revenue, you won’t like the look of these figures. Research from Gartner estimates that fewer than 0.01% of apps will be considered a financial success through to 2018. With an average investment of $270,000 to design, build and launch an app, it’s not a small project by anyone’s ...

  Bloomberg Abu Dhabi sovereign investment fund Mubadala Development Co. will acquire a 20 percent stake in alternative investment firm Investcorp Bank BSC, which has backed companies including Tiffany & Co. and Gucci Ltd. under founder Nemir Kirdar. Mubadala will secure a 9.99 percent stake immediately and a further 10.01 percent after gaining regulatory approval, Investcorp said in a statement ...