EA banks cash in on forex crisis, govt securities to increase earnings
The five lenders — KCB, Equity, NCBA, I&M and Co-operative Bank — according to their respective financial reports to September 30, increased their combined net profit by 34 percent from ($204.91 million) to Ksh100.65 billion ($825 million) from Ksh75.56 billion ($619.34 million) in the same...
US piles pressure on Rwanda over M23 rebels in DR Congo conflict
In a phone call with President Paul Kagame, US Secretary of State Antony Blinken called for an end to “any external support to non-state armed groups in the DRC, including Rwanda’s assistance to M23".
Qatar an emerging wonder of the world
The author at his media tribune seat To win the right to host the quadrennial Fifa World Cup, an economy must be strong enough to meet the highest demands possible for the biggest event in world sport. But until Qatar competed and won the bid...
Elon Musk kicks Kanye West off Twitter after swastika post
Elon Musk kicked Kanye West off Twitter on Friday "for incitement to violence," after the rapper posted a picture that appeared to show a swastika interlaced with a Star of David.
UBL unveils 2022 environmental impact report
UBL unveils 2022 environmental impact report Andrew Kilonzo – UBL MD (center) hands a copy of the Sustainability Report to Eng. David Luyimbazi as Damon Ansell – Diageo Africa Corporate Relations Director looks on (PHOTO/Courtesy) Uganda Breweries Limited (UBL) has revealed its environmental impact under...
Congolese rebels storm out of Nairobi Peace talks over unpaid allowances
The Congolese rebels stormed out of Nairobi Peace talks Drama ensued on Monday evening after representatives of armed groups in the eastern Democratic Republic of Congo (DRC) stormed out of the closing ceremony of the Nairobi Peace talks citing unpaid allowances. The seven days dialogue...
40 cases in 40 days: Regional court settles EAC treaty violations suits
The president of the regional court, Nestor Kayobera, said the 40 days that the court held its session in Kampala at the Commercial Division of the High Court, saw a total of 40 cases disposed of.
Uhuru warns planners over delayed closure of DRC peace meeting
Without mentioning their names, a visibly angry Mr Kenyatta called out the organisers for delaying the closure of the meeting which he extended to Tuesday to give room for the funds to be made available as earlier planned.
Kenya’s Meru National Polytechnic shines in Africa Tech Challenge
Meru National Polytechnic students, who represented Kenya in this year’s competition, emerged third after Luyanzi Institute of Technology from Zambia, which took the first position, and Zambia’s Northern Technical College which was ranked second.
Postponing retirement is an exercise in futility
Elderly men having a good time Many years ago, if you graduated from university or even a technical school in some cases, you automatically landed a job in the public sector. A house in one of Kampala’s leafy suburbs was a given. If you worked...
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