Rwanda’s Bank of Kigali income rises 18.4pc to $41.8 million
In particular, Rwanda’s hospitality and service sectors have recorded a strong rebound this year due to the hosting key global events including the Commonwealth Heads of Government Meeting in June, and most recently the Global System for Mobile Communications Association Mobile World Congress which attracted...
Air Tanzania plane held in the Netherlands in row over land title
A plane belonging to Air Tanzania Company Limited (ATCL) has been seized in the Netherlands after a Swedish firm won a $165 million award against Tanzania due to a revoked land title in the Bagamoyo sugar project.
In memory of our favourite Power Ranger
Some of you have spent the week frowning at all the ‘RIP Jason David Frank’ posts online and wondering what this man did to receive so much love. If you are older and know that he played the Green Ranger in Mighty Morphin Power Rangers,...
Rules committee recommends minister Namuganza censure
Persis Namuganza The parliamentary rules, privileges and discipline committee has found the minister of state for Housing, Persis Namuganza guilty of contempt of parliament and gross misbehaviour and recommended her censure. “The committee finds that the conduct and behaviour of Hon Namuganza constitutes gross misconduct...
$200M Mastercard Foundation Africa Growth Fund launched for investment vehicles to catalyze job opportunities
$200M Mastercard Foundation Africa Growth Fund launched for investment vehicles to catalyze job opportunities ACCRA — The Mastercard Foundation Africa Growth Fund (MFAGF), a Fund of Funds that works through African investment vehicles to support early-stage, growth-oriented SMEs on the continent, launched today with a...
Top organizations to tussle for honors at 2nd Uganda Marketing Awards
Top organizations to tussle for honors at 2nd Uganda Marketing Awards The second edition of the Uganda Marketing Excellence Awards (UMEAs) is slated for tomorrow, at the Kampala Serena Hotel. The UMEAs is organised by Marketing and media outfit- Evolve Africa. The red-carpet black tie...
Kenya Treasury says country has no room for fresh borrowing
This comes barely a week after it commenced a debt swap that will see Sh87.8 billion ($714.6 million) worth of short-term debt converted into long-term debt to ease the pressure it is experiencing from maturities. Last week, the Kenyan government floated its first switch bond...
World Aids Day: Driving on the road to an Aids-free Uganda
In the mid-1980s to early 1990s, the new NRA government of Uganda was grappling with the uphill task of reorganising a country ravaged by instability, economic adversity, and human capital inadequacies, among which a sick and unproductive population was a significant concern.
Kabuleta denied bail, remanded till Dec 14
Joseph Kabuleta in the dock Nakawa Chief Magistrate’s court has remanded former presidential candidate Joseph Kabuleta to Luzira prison on charges of promoting sectarianism. Kabuleta, also president of the National Economic Empowerment Dialogue (NEED) party, was on Wednesday arraigned before chief magistrate, Ritah Neumbe Kidasa and charged...
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