Ri Son Gwon, Minister of Foreign Affairs of DPRK, made public the following press statement on Friday which reads: Two annual rings were run since the historic June 12 summit talks between the Democratic People’s Republic of Korea and the United States of America. We need to see what the
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With Uganda easing the lockdown restriction on the hospitality sector, Sheraton Kampala hotel which opened its doors early this week has tightened and elevated its operation standard procedures to ensure that their guests and staff are protected from any viral contamination in the current pandemic environment. Apart from the practice
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Property magnate Dr Sudhir Ruparelia has pardoned employees of radion Sanyu FM who had all been sacked after they staged a sit-down strike to protest a Management decision to reduce their salaries due to the COVID-19 lock down. The radio station's management on Wednesday decided to fire all the employees and
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The energy giant Total will start to build a pipeline to export oil from Uganda in March next year. The French company, which is developing reserves of oil discovered around Lake Albert, in a consortium with CNOOC of China, has finalised talks about the pipeline with Tanzania and Uganda Total
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Remarks by Miguel M. Díaz-Canel Bermúdez, President of the Republic of Cuba, during the high-level online conference of the Bolivarian Alliance for the Peoples of Our America (ALBA-TCP) to discuss the post-pandemic economy, June 10, 2020, Year 62 of the Revolution. Dear President Nicolas Maduro Moros; Distinguished heads of state
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Tugende has announced the launch of its new Client App developed specifically for the company’s 23,000+ clients and 10,000+ alumni in Uganda and Kenya. Tugende provides hire purchase finance, technology, and a customer-centric model to help informal sector MSMEs own their key income generating assets. Most of its current clients
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Uganda's Civil Aviation Authority (CAA) has clarified on reports that it is seeking shs150bn to reopen Entebbe International Airport. Two days ago, a local publication reported that the CAA needs the money to prepare the airport as the country eases restrictions imposed to stop the spread of COVID-19. According to
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The Executive Board of the International Monetary Fund (IMF) on Thursday approved the disbursement of an additional $111.06 million (SDR80.1 million) to Rwanda under the Rapid Credit Facility (RCF). This is the second emergency disbursement since the onset of the pandemic and will help finance the country’s urgent balance of
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Today 11th June 2020, Matia Kasaija (pictured), the Minister of Finance Planning and Economic Development presented the 2020/21 national budget to Parliament and the nation under the theme: Stimulating the Economy to safeguard Livelihoods, Jobs, Businesses and Industrial Recovery. Following the outbreak of the COVID-19 Pandemic in January 2020, Government
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Uganda Revenue Authority (URA) has been tasked to collect revenue amounting to Shs21.81 trillion in 2020/21 budget, comprised of tax revenue amounting to Shs20.219 trillion and non-tax revenue of Shs1.591 trillion. Finance Minister Matia Kasaija made the revelation today while delivering the 2020/21 budget speech at the fifth and final
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