The story of 27-year-old Tom Junior Mako marrying his two wives at the same ceremony has captivated Kenyans in the past few days. The businessman from Kajiado County, south of the capital, Nairobi, married Elizabeth Simaloi, 25, and Joyce Tikoiyan, 23. The two young women are students at a local
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The Uganda shilling held steady with a bias towards mild appreciation on matched demand and supply amid tight liquidity conditions during the week ending 14th December 2018. In the interbank shilling market overnight funds traded at 6% while one week funds traded at 9%. The shilling trading range was in
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That is the message from African delegates as the world prepares to implement the Paris Agreement on climate change in Katowice, Poland, this week. Research shows that when women are involved in decision making, agreements on the environment are more likely to be ratified and projects around natural resources, such
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By Aloysious Kasoma dfcu Bank, in partnership with NTV Uganda and Price Waterhouse Coopers (PwC) have awarded the winners of the second edition of the nationwide Savings and Investment campaign dubbed ‘Battle for Cash’. Aimed at building a savings and investments culture in Uganda, the ‘Battle for Cash’ challenge in
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Uganda's Central Bank's former Executive Director in charge of Supervision, has asked the country's Parliament to speed up the Bank of Uganda (BoU) probe to allow her travel abroad for the Christmas holiday. In a letter addressed to the Chairperson, Commissions, Statutory Authorities and State Enterprises (COSASE) Justine Bagyenda who
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Former directors and shareholders of the defunct Global Trust Bank are seeking 315.7 billion shillings in compensation for the illegal closure of the Bank. They are demanding full compensation equal to the direct cash equity investments of US Dollars 35.3 million with interest at the rate of 10 per cent
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The United States is rethinking its role in U.N. peacekeeping missions across Africa, with White House National Security Adviser John Bolton and Defense Secretary Jim Mattis looking to place U.S. forces and resources elsewhere. When Bolton outlined the administration's new Africa policy Thursday, he announced the U.S. would no longer
Read MoreSWITZERLAND, Geneva, 13 December 2018,-African Media Agency-,The UNAIDS Programme Coordinating Board (PCB) has called on UNAIDS to fully implement the management response (UNAIDS agenda for change) to address harassment, including sexual harassment, bullying and abuse of power, at the UNAIDS Secretariat which was presented to Board members by the Executive
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Uganda has received a grant of sh16 billion to boost exports of coffee and cocoa to the European Union and other global markets. Finance minister Matia Kasaija and the EU head of delegation Attilio Pacifici signed the financing grant agreement this morning in Kampala. The grant for a project
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Jennifer Musisi Friday morning officially exited Kampala Capital City Authority (KCCA) as Executive Director. She handed over the office of KCCA Executive Director to The Minister for Kampala Beti Kamya at City Hall. Among documents given to Kamya included 13 bank accounts worth over Shs113bn. Musisi revealed that when she
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