Kumi Municipality MP, Silas Aogon Thursday lost his cool over Government of Uganda’s s high appetite for loans, wondering whether this vice is sustainable. The lawmaker made the remarks during the plenary sitting, where he raised a procedural issue on whether it was right for Government to keep furnishing Parliament
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The Uganda shilling was on the back foot due to a surge in demand from the interbank, manufacturing and energy sectors, touching fresh lows of 3800/3810 during the week ending 14th September 2018. For the first time in weeks, the unit breached key level of 3800. In the interbank money
Read MoreThe high daily transaction limit for mobile money transactions is fuelling money laundering in the country, according to Sydney Asubo, the Executive Director of the Financial Intelligence Authority (FIA). The electronic mobile service allows users to store, send and receive money on their phones. In Uganda, the service allows customers
Read MoreKenya's President Uhuru Kenyatta has agreed to reduce an unpopular fuel tax which caused strikes and widespread anger when it came into force earlier in the month. In a speech to the nation, the president proposed to halve the levy to 8%, Mr Kenyatta said he had listened to Kenyans
Read More849 enterprises received financial support across all incentives of the department PRETORIA, South Africa, September 14, 2018,-/African Media Agency (AMA)/- The Director-General of the Department of Trade and Industry (the dti), Mr Lionel October, says the priority of the South African government is to promote intra-African trade. October was briefing
Read MoreThe Committee, which is composed of 18 independent experts, monitors how the 196 States that have ratified the Convention on the Rights of the Child (CRC) and/or its two Optional Protocols are complying with their obligations ABUJA, Nigeria, September 14, 2018,-/African Media Agency (AMA)/- The UN Committee on the Rights
Read MoreRed Cross volunteers are providing water treatment, tracking and referral services, and are going door-to-door to provide families in high risk areas with information about cholera prevention HARARE, Zimbabwe, September 14, 2018,-/African Media Agency (AMA)/- More than 1,000 Red Cross volunteers are fanning out through the suburbs of Zimbabwe’s capital
Read MoreThe committee also took a tour of the venue where the hard copies of the hundreds of thousands of written submissions are being kept at Parliament CAPE TOWN, South Africa, September 14, 2018,-/African Media Agency (AMA)/- The Joint Constitutional Review Committee (CRC) today resolved to discuss the report of the
Read MoreThe committee today embarked on an oversight programme in the Western Cape’s Worcester and De Doorns communities, assessing the performance of the early childhood, community development and nutrition and rehabilitation centres and substance and alchohol abuse victims shelters CAPE TOWN, South Africa, September 14, 2018,-/African Media Agency (AMA)/- The Portfolio
Read MoreThe Ethics and Integrity Minister, Rev Fr. Simon Lokodo, says a technical team from his office is compiling a report detailing what transpired at the just conclude Nyege Nyege festival. The highly publicized Nyege Nyege festival took place at the Nile Discovery Resort beach in Njeru Municipality in Buikwe district
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