In several news reports, World Bank President David Malpass was recently quoted as saying some Multilateral Development Banks, including the African Development Bank, have a tendency to lend too quickly and in the process, add to the continent’s debt problems. “This statement is inaccurate and not fact based. It impugns
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The Oil and Gas Trainers Association of Uganda that brings together all individuals, academic training institutions and the training service providers in the Oil and Gas sector from the Government and private sectors has been launched. While launching the association on Thursday at Protea Hotel, Alex Kakooza, the Permanent Secretary
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Uganda’s Health Minister, Jane Ruth Aceng has revealed that the East African Country has no capacity to handle cases of COVID-2019 commonly known as coronavirus despite Government setting aside Shs25bn to fight the virus within three months. The Minister says Uganda is already strained with outbreak of yellow fever and
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The Pan African Movement, Uganda chapter on Thursday issued a statement condemning the failure by South Sudan leaders to agree on a peace plan. According to a statement issued by Newton Balenzi on behalf of the chairman, 'regress, instead of progress, is being made' in Africa's youngest nation. "The members
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The African Union has called on the US to end the unjustified economic embargo aka blockade on Cuba. AU’s voice of solidarity was raised at the organization’s headquarters in Addis Ababa, to reiterate condemnation of the economic, commercial and financial blockade imposed on Cuba by the United States. A resolution
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The Speaker of Parliament, Rebecca Kadaga has directed the Minister of Finance, Matia Kasaija to explain why the position of Deputy Governor, Bank of Uganda has not been filled. The position fell vacant after the tenure of former Deputy Governor, Louis Kasekende came to an end recently. The Speaker issued
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Uganda’s central bank held its key lending rate at 9.0% on Thursday, saying an accommodative monetary policy stance was still needed to support economic growth, whose performance may suffer from weak exports. Bank of Uganda Governor Emmanuel Tumusiime-Mutebile told a news conference that the recent outbreak of coronavirus in China,
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With Valentine’s Day approaching, singles and couples alike are under intensifying pressure to solidify their plans for this Friday. While choosing a right partner is a matter of paramount importance, there is another matter that should be treated with care. Kaspersky’s analysis has shown that within 2019 the region saw
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The hustle and bustle of Mbarara Central market came to a standstill on Tuesday afternoon as the digital literacy campaign got off to a promising start in South-Western Uganda. It was the same story in Soroti town, Eastern Uganda, as Uganda Communications Commission through the Rural Communications Development Fund (RCDF)
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The construction of a bridge connecting Kayunga to Kamuli districts may take longer after it emerged that 28 engineers who were meant to work on it have been barred from China following the outbreak of COVID-19 commonly known as coronavirus. The revelation was made by Xia Nenghai, the project Manager
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