The World Health Organisation (WHO) needs not less than UShs129.8 trillion to eradicate the COVID-19 pandemic, a new funding appeal has revealed. In a special communication shared with global media on Friday, WHO said the sacrifice needed is small compared to what world governments have spent or lost while trying
Read MoreMonth: January 2025
The OPEC Fund for International Development (the OPEC Fund) has signed a US$20 million term loan in favor of East African Development Bank (EADB). EADB will use the loan to support small- and medium-size enterprises (SMEs) and infrastructure projects in East Africa. EADB is an important regional development institution for
Read MoreUnconfirmed news reports Thursday said Israel Prime Minister Benjamin Netanyahu will fly to Uganda in the coming days to meet the Sudanese leader, General Abdel Fattah al-Burhan, to discuss the establishment of diplomatic relations. Speculation has run rampant about the deal over the past weeks and gained momentum after U.S.
Read MoreKyambogo University Vice Chancellor, Prof. Elly Katunguka Kyambogo University final year students will resume their studies in October 2020, but students will be required to buy masks and sanitizers for themselves. Addressing the press at the University this morning, Kyambogo University Vice Chancellor, Prof. Elly Katunguka said that the University
Read MoreFinance Minister Matia Kasaija (C) declaring interest rate for FY 2019/20. Looking on is NSSF Managing Director, Richard Byarugaba (R) and the Fund's Board Chairperson Patrick Kaberenge The National Social Security Fund (NSSF) has today declared an interest rate of 10.75% for the financial year 2019/2020. This was announced by
Read MoreSamantha Niyonsaba and CK Japheth, The Innovation Village Team Lead at a meeting The Innovation Village, through its EdTech Lab in partnership with Mastercard Foundation Young Africa Works and the Arizona State University Education for Humanity, has launched a business development programme dubbed ‘Future of Education’, a challenge with the
Read MoreA team of 10 Chinese doctors have arrived in Zimbabwe to join the country's fight against the coronavirus pandemic. They will be stationed at Parirenyatwa Group of Hospitals for the next 12 months, the state-owned Herald newspaper reports. The head of the team, Dr Luo Weiqiang, is quoted as saying
Read MoreUS President Donald Trump (pictured) paid just $750 in U.S. income taxes in both 2016 and 2017, reported losing millions of dollars from his golf courses and has hundreds of millions in debt that will come due in the next few years, according to a report in the New York
Read MorePresident Museveni (L) shakes hands with Bobi Wine. They are set to face off in 2021 polls The Electoral Commission has set up a team to handle the verification of supporters for nomination of candidates for the 2021 Presidential Elections. The verification team will start its work on Monday 28th
Read MoreCONFLICT OF INTEREST: Why Stanbic Bank Is Headed for Tough Times After Controversially Selling Client’s Property to Its Employees
Stanbic Bank (U) Ltd is trending albeit for wrong reasons. The bank’s image is at stake, a thing that could affect the entire banking industry considering the fact that Stanbic Bank is Uganda’s biggest bank by assets and market share. Macdowel Ltd, a Ugandan company is accusing Stanbic Bank of
Read More