Kenya Airways and Ethiopian Airlines planes at Kamuzu International airport in Malawi. PHOTO | COURTESY African airlines are expected to record $4.1 billion (UShs15.2 trillion) loss this year on the back of expensive fuel that is eroding the gains made by a recovering business. Africa Airlines Association (AFRAA)
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Primary six learners at Chadwick Namate Primary School (Photo by Joan Akello) Teachers who took part in the nationwide strike are not happy with their Uganda National Teachers Union (UNATU) representatives' decision to go back to class. The strike which would have entered the third week was called
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Minister of Health Jane Ruth Aceng Government through the Ministry of Health has proposed to Parliament to ensure that anyone who participates in the removal of human organs outside a health facility be imprisoned for life and a fine of Shs2bn for illegal removal of an organ within a health
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Chris Baryomunsi, the Minister of Information and National Guidance Cabinet has adopted the proposed changes in the Microfinance Deposit-Taking Institutions (MDIs) Act 2003. According to the proposed changes, MDIs will now offer all services offered by other banks, which has not been the case. The Minister of Information and
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BoU Deputy Governor, Dr. Michael Atingi-Ego The Bank of Uganda (BoU), the country’s Central Bank Tuesday afternoon announced an increase in the Central Bank Rate (CBR) by 1 basis points to 8.5 percent so as to stablise inflation around the [5%] target. The CBR is a benchmark lending rate for
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R: Jude Kansiime, the Head of Products and Marketing at Dfcu bank, Mathias Katamba, the dfcu bank Managing Director, Kabaka Ronald Mwenda Mutebi, Nnabagereka Sylvia Nagginda and Katikkiro of Buganda . Charles Peter Mayiga The Katikkiro of Buganda Owek. Charles Peter Mayiga has commended dfcu Bank for its continued support and
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The Stanbic Headline Purchasing Managers’ Index (PMI) dropped to 50.9 in June, from 51.5 in May on account of further deterioration of business conditions in the Ugandan private sector. Readings above 50.0 signal an improvement in business conditions on the previous month, while readings below 50.0 show a deterioration. David
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Uganda Wildlife Authority (UWA) is facing a new threat as many animal species are being quickly eaten up by hungry Karimojong. UWA officials say they are currently experiencing a big challenge of the wild animals in the north east of the country coming under assault of the massive poaching
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UBOS, BoU and World Bank officials during the meeting The Uganda Bureau of Statistics (UBOS) and the World Bank have disagreed on the methodology used while determining the Ugandan economy's status. In his State of the Nation Address on June 7, President Yoweri Museveni said that Uganda would achieve the economic indicators
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Paul Kagame at the Commonwealth summit last month. His comments come a fortnight after hosting international leaders/ AFP The president of Rwanda, Paul Kagame, has called for a political solution to the crisis in the eastern Democratic Republic of Congo. In an interview with the state broadcaster, he said
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