The Middle East Africa (MEA) region has become increasingly important for the majority of global Fortune 500 companies, according to a new report released by Infomineo, a global business research company specialising in Africa and the Middle East. The report focuses on multinationals looking at entering, or already present, in
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Uganda's army says it has begun pulling its forces out of the Central African Republic where they have been fighting members of the Ugandan rebel group the Lord's Resistance Army (LRA). The LRA, led by Joseph Kony, were notorious for terrorising the population of northern Uganda in the 1990s and
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dfcu Limited has announced Arise B.V as its majority shareholder, Business Focus reports. According to a statement issued by the Board of Directors of dfcu Ltd on April19, 2017, the transfer of shares into Arise B.V by NorFinance A.S and Rabo Development has been successfully completed. “Arise B.V. consequently holds
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Authorities at Uganda's Maximum Prison, Luzira, have reportedly blocked visitors from accessing jailed Don Stella Nyanzi. According to reports from Luzira, the Makerere University doctored who is on remand over charges of cyber harassment has also been denied access to her children. "JUST IN: Luzira Prison authorities are blocking all
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The world economy seems to be gaining momentum, according the chief economist of the International Monetary Fund. Writing in the IMF's new World Economic Outlook, Maurice Obstfeldt said "we could be at a turning point". The report forecasts global growth this year of 3.5%, up from 3.1% predicted in 2016.
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Details have emerged of why Uganda's President Yoweri Museveni is visiting Qatar. President Museveni is in Qatar on a 3-day State visit at the invitation of the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani. The President, is accompanied by the 1st Lady and Minister of Education and Sports,
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A latest study has indicated that Africa’s elephant population has fallen by a massive 30% since 2007. The shocking revelation is contained in a country-by-country analysis conducted by SafariBookings.com to gain a better understanding of the rapid decline in Africa’s elephant population. Since 2007, elephants have been in severe decline,
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Uganda's Premier, Ruhakana Rugunda on Tuesday held a high level meeting with Uganda Communications Commission (UCC) boss, Godfrey Mutabazi over the controversial SIM CARD registration exercise. According to Pamela Ankunda, head of public and international relations at UCC, they held discussions on the progress of the campaign. "He said at the
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The Bishop of Ruwenzori Diocese, Reuben Kisembo has cautioned Members of Parliament against accepting bribes to change the age limit the constitution to allow President, Yoweri Museveni to stand for re-election. Speaking during the Easter Service this morning at St John's Cathedral Kabarole, Kisembo said should the MPs accept to
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A Ugandan Bishop has praised the country's President Yoweri Museveni for his intensified fight against the evil of corruption. Bishop Patrick Gidudu of Mbale Diocese in eastern Uganda thanked the President for fighting the vice in the country. While delivering his Easter sermon to hundreds of Christians at St. Andrew's Cathedral
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