By Reuters Abdullah Hamduk, named as finance minister in Sudan’s new administration, has formally declined the appointment, state news agency SUNA reported on Saturday. Hamduk was the former executive secretary of the United Nations Economic Commission for Africa. President Omar al-Bashir instead tasked Prime Minister Moataz Moussa Abdullah with managing
Read MoreBusinessFocus Reporter
World marathoner Eliud Kipchoge has won the 45th edition of the BMW Berlin Marathon in Germany, breaking the world record at just 2:01:39. The world record has now officially been broken for the sixth time. Kipchoge blazed his way to the finish line in 2 hours, one minute and 39 seconds,
Read MoreKagame Pardons 2,000 Prisoners Including Opposition Figure Victoire Ingabire
Rwanda has pardoned more than 2,000 prisoners, including a top opposition figure, Victoire Ingabire (in featured photo). Ingabire of the FDU-Inkingi party, has been serving a 15-year jail term for threatening state security and "belittling" the 1994 genocide. She has been a leading critic of President Paul Kagame and says
Read MorePresident Yoweri Museveni has said that Kampala will be a safe city within nine months as government moves to implement the elements of a smart and safe city solution for Uganda. This was part of President Museveni's national address on the state of security from state house Entebbe this evening.
Read MoreThe Bank of Uganda (BoU), the regulator of Uganda’s banking sector didn’t carryout evaluation of assets and liabilities of Crane Bank Limited (CBL) before selling the defunct bank to dfcu, the leaked Auditor General’s report has revealed. “On 10th April 2018, I requested for the P&A agreement indicating details of
Read MoreThe European Union (EU) Parliament has called on the Ugandan government to drop charges against Kyadondo East MP, Robert Kyagulanyi aka Bobi Wine. The European Parliament on Thursday resolved and urged Ugandan authorities to "stop what appear to be trumped-up charges against Bobi Win and to stop the crackdown against
Read MoreThe Minister of Justice and Constitutional Affairs, General Kahinda Otafiire has explained the major reasons behind government’s decision to merge various agencies, revealing that the ‘mushrooming’ agencies had created a parallel Government. “The agencies bloated up to 153 and we realized many were doing more or less the same thing.
Read MoreKumi Municipality MP, Silas Aogon Thursday lost his cool over Government of Uganda’s s high appetite for loans, wondering whether this vice is sustainable. The lawmaker made the remarks during the plenary sitting, where he raised a procedural issue on whether it was right for Government to keep furnishing Parliament
Read MoreThe high daily transaction limit for mobile money transactions is fuelling money laundering in the country, according to Sydney Asubo, the Executive Director of the Financial Intelligence Authority (FIA). The electronic mobile service allows users to store, send and receive money on their phones. In Uganda, the service allows customers
Read MoreKenya's President Uhuru Kenyatta has agreed to reduce an unpopular fuel tax which caused strikes and widespread anger when it came into force earlier in the month. In a speech to the nation, the president proposed to halve the levy to 8%, Mr Kenyatta said he had listened to Kenyans
Read More