Kenyan President Uhuru Kenyatta has said Migingo Island is in Kenya. Speaking in Mbita, Homa Bay County, on Wednesday, the President said officials are mapping out the island’s boundary. "Who does not know Migingo is ours….even if it is ours, we do not go making noise…we do our things with
Read MoreBusinessFocus Reporter
Stanbic Bank has been recognised as the country’s best financial institution at the 2017 Euromoney Awards, the world’s most recongised accolade in the Global Banking Industry. Accepting the award on behalf of the Bank, Cathy Adengo, Stanbic Bank’s Corporate Communications Manager noted that, “We owe this accomplishment to our esteemed
Read MoreThe Speaker of Parliament, Rebecca Kadaga, has barred legislators from discussing the proposed Constitutional (Amendment) Bill that seeks to remove the presidential age limit. In her communication during plenary, Kadaga said she doesn't know where the agitation and excitement on the proposed bill is coming from. The media has been
Read MoreShips carrying Chinese military personnel for Beijing's first overseas military base, in Djibouti in the Horn of Africa, have left China to begin setting up the facility, the state news agency Xinhua reported late Tuesday. Djibouti's position on the northwestern edge of the Indian Ocean has fueled worries in India
Read MoreZimbabwe's President Robert Mugabe is in Singapore for medical reasons, prompting opposition figures to question whether the 93-year-old still has the stamina to run the country. State media, quoting an information ministry statement, says the world's oldest head of state left Friday for "a routine medical check-up" and will be
Read MoreUnited States on Tuesday postponed for three months a decision on whether to permanently lift sanctions on Sudan over its human rights record and other issues, the U.S. State Department said. Former U.S. President Barack Obama temporarily lifted sanctions for six months in January, suspending a trade embargo, unfreezing assets
Read MoreThe newly elected Member of Parliament for Kyaddondo East Robert Kyagulanyi Ssentamu has been designated to the Presidential Affairs committee as he starts a new journey as a legislator. Kyagulanyi, also known as Bobi Wine, a stage name he has used throughout his music career, was appointed to the committee
Read MoreLeading digital money transfer service WorldRemit and Huawei have announced a partnership making WorldRemit’s international money transfer service available to all partners of Huawei’s mobile money service platform across Africa. The partnership, which was announced at the GSMA’s Mobile 360 conference in Dar es Salaam, enables Huawei to add a ready-made solution for remittances - a
Read MoreMeet John Collison, 26, The World’s Youngest Self-Made Billionaire
John Collison, the Irish cofounder of Stripe, the payments processing company now powering many in-app purchase systems, was a few months ago proclaimed the world's youngest self-made billionaire by Forbes in its new world's richest list. Collison, 26, is two months younger than Spiegel, the cofounder of Snapchat, which went
Read MoreThe Government of Uganda seems determined to away with unnecessary loans burdening Ugandans, Business Focus reveals. The latest is that President Yoweri Museveni has rejected 11 loans that he says will not add value to Uganda’s economy. “We are burdening the country with so many loans many of which don’t
Read More