Kampala City Lord Mayor, Erias Lukwago has lashed out at President Yoweri Museveni's appointment of singers Catherine Kusasira and Buschaman. Lukwago who was appearing on a local TV on Monday morning, said Museveni disregarded established institutions like the minister of Kampala and other leaders when he made the appointments. According
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Saudi Aramco has confirmed it is planning to list on the Riyadh stock exchange, in what could be the world's biggest initial public offering (IPO), BBC reports. The state-owned oil giant will determine the IPO launch price after registering interest from investors. Business sources say the Saudis are expected to
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The Africa Women Innovation and Entrepreneurship Forum (AWIEF), opened in Cape Town, South Africa, 29 October 2019, with stirring calls from speakers for women to move from having conversations about economic empowerment to radical action. Keynote speaker, Dr Vera Songwe, United Nations Undersecretary General and Executive Secretary, UN Economic Commission
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Khaled Babbou, President of Rugby Africa and all the African unions’ presidents gathered in Tokyo congratulate the South African Rugby Union (SARU) on their successful Rugby World Cup and highlights the importance of African success for the future development of the sport: “The Springboks have risen to the top of
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The annual inflation for the year ending October 2019 has increased to 2.5% compared to 1 .9% recorded in the year ending September 2019. The driver for the increase is attracted to the increase in the inflation of food crops particularly fruits and vegetables. During the monthly release of the
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We can exclusively reveal that a young people power leaning students Mobiliser Ms Natasha Nakinda, a former student of St Mary’s Kitende aged 20yrs, has reportedly gone missing. It is alleged that the budding young and vibrant opposition figure, who is affiliated to the new People Power pressure group that
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It is quite unbelievable for a budding businessman to dive into the murky waters of politics. This is because while some people make a career out of it (politics), it is quite a challenging calling that requires enormous resources. However, Keefa Nuwahereza, 34, seems to have the answer to the
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Uganda's army, the Uganda People's Defence Forces (UPDF) has arrested the officer who commanded soldiers that brutalized Makerere University students. Defence and Army Spokesperson, Brig Richard Karemire, on Friday said that Capt. Richard Lubeere is being held at Makindye Military Police headquarters. According to Karemire, an inquiry headed by Lt.
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Tony O. Elumelu, Founder of the Tony Elumelu Foundation (TEF) and Chairman, United Bank for Africa (UBA) and Heirs Holdings opened the "Ambition Africa" conference organised by the France Invest Africa Club in Paris, France. As Elumelu delivered the opening address, he urged French investors to look to Africa for
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They run the world’s most profitable company, oversee one-tenth of global oil output and their decisions help shape the fate of a nation. Their paychecks, however, are a little less grandiose. Saudi oil giant Aramco is a cash cow for the kingdom, allowing the royal family to wield power with
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