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International News

IMF Approves Shs638bn Emergency Assistance for South Sudan to Address COVID-19 Pandemic

Mitsuhiro Furusawa, IMF Deputy Managing Director  The Executive Board of the International Monetary Fund (IMF) today approved a disbursement of SDR 123 million (50 percent of quota or about US$174.2 million or Shs638.3bn) to South Sudan under the Rapid Credit Facility (RCF). This is the second IMF financial assistance to South Sudan

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Analysis & OpinionsNews

Reuben Tumwebaze: New Uganda Clays Boss Tasked To Turnaround Troubled Company

Reuben B. Tumwebaze, the new UCL Managing Director/ Courtesy photo Uganda Clays Limited (UCL),  one of the oldest building materials manufacturers in Uganda, has  appointed  Reuben B. Tumwebaze as its new Managing Director with effect from March 2021. Before joining Uganda Clays Ltd,  Tumwebaze was the Director of Road Infrastructure

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