African Reinsurance Corporation ("Africa Re") announces its membership of Africa Finance Corporation ("AFC"), and becomes the first multi-lateral financial institution to invest in AFC. Africa Re, owned by 41 African states, approximately 107 insurance/reinsurance companies and non-African strategic investors, is the continent's premier reinsurance corporation, operating across 41 African countries.
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A man accused by rights groups of atrocities in the Central African Republic (CAR) has been voted onto African football's governing body. Patrice Edouard Ngaissona was elected to be the central zone's representative on the executive committee of the Confederation of African Football on Friday. However, just four years ago
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Pop star Rihanna is due to appear at a high-level summit in Senegal tomorrow but a religious association have declared her persona non grata, reports Jeune Afrique (in French). "No to Freemasonry and Homosexuality", an association of around 30 religious groups in Senegal, accuse the singer of using masonic symbolism
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Prof. Emmanuel Tumusiime-Mutebile, Governor, Bank of Uganda has said Ugandans will soon enjoy the advantages of Islamic Banking, noting that the regulations have been approved and will soon be gazetted. Mutebile made the remarks on January 31, 2018 at Uganda Bankers’ Association (UBA) Informal Dinner held in Kampala. Islamic banking
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The United States State Department has voiced its displeasure with actions in Kenya that saw opposition leader, Raila Odinga swear himself in as president in a symbolic inauguration. The US made its concerns clear on Thursday in a statement in which it asked that grievances be sorted in the courts
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The most significant of the Ugandan Parliament's functions is to pass laws which will provide good governance in the country. The government ministers are bound to answer to the people's representatives on the floor of the house. Through the various parliamentary committees, parliament scrutinises government programmes, particularly as outlined in
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The Uganda shilling was relatively stable on account of liquidity tightness and weak corporate demand during the week ending 2nd February 2018. Trading was in the range of 3620/3630. January inflation dipped to 3.0% from 3.3% at the same time Core, the closely watched indicator also dropped to 2.6% from 3.0%
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The beginning of the year is often accompanied by a sense of change. People try out new habits and new routines, and think about new directions for their careers. So if you are in the market for a new job this year, we want to help you put yourself in
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Tanzanian authorities are preparing to extradite a former Democratic Republic of Congo (DR Congo) army colonel who threatened an upsrising against President Joseph Kabila, news agency AFP reports. John Tshibangu, who deserted to rebel against Mr Kabila in 2012, said in a video posted on social media on two weeks
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It may sound bizarre but it’s true. Controversial radio personality Mary Luswata has compared the dead singer Mowzey Radio to the Biblical Jesus Christ. The popular singer succumbed to head injuries he sustained in a brawl 10 days ago at an Entebbe night spot, De Bar. He was pronounced dead
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