Leaked e-mails of former International Criminal Court Chief Prosecutor Louis Moreno Ocampo reveal how the Argentinean proposed to allow Uhuru Kenyatta to have “an honourable exit” in his case at The Hague. These disclosures are part of Ocampo’s hacked e-mails to former UN secretary general Kofi Annan, who mediated the
Read MoreBusinessFocus Reporter
A new report has confirmed that Solar is now the fastest growing energy source in the world, and is making a major impact in Africa. The International Energy Agency’s 2017 report on renewables forecasts that off-grid solar capacity in Africa is set to almost triple in the next five years,
Read MorePRESIDENT MUSEVENI RESPONDS TO HON. BOBI WINE Article By H.E. Yoweri Kaguta Museveni PRESIDENT OF THE REPUBLIC OF UGANDA On Hon. Kyagulanyi‘s (Bobie Wine) statement 1st October, 2017 Again, I congratulate our young friend, the Hon. Kyagulanyi, Bobie Wine, for his recent elections in Kyaddondo North. I also notice that
Read MoreNew Vision Printing and Publishing Company Ltd has registered a 99.7% drop in net profit for the year ended 30th June 2017 compared to the same period a year earlier. The company's net profit for the first six months of 2017 were recorded at Shs14.6m, down from Shs4.9bn recorded in
Read MoreUganda's President Yoweri Museveni has established a comission to review the salary discrepancies for the country's civil servants. The president revealed a day after officiating at the International Teachers' Day in Moroto town. "I have set up the Salary Review Commission to address the discrepancies in pay for civil servants. Teachers,
Read MoreThe National Resistance Movement (NRM) rebel Members of Parliament (MPs) have written to President Yoweri Museveni over plans to remove Presidential age cap of 75 years. The rebel MPs are Theodore Ssekikubo, Monicah Amoding, Barnabas Tinkansiimire, Patrick Nsamba, Felix Okot, Sam Lyomoki, Gaffa Mbwatekamwa, John Baptist Nambeshe and Alex Ruhanda.
Read MoreThe Kampala City Carnival is to cost Shillings 1.31billion, the Organizing Committee Chairperson, John Ddumba has told the City Authority Council. The three day carnival kicks off this Friday with a charity concert to raise money for the refurbishment of KCCA primary schools. KCCA manage s 79 primary schools on
Read MoreGlobal ratings agency Moodys has warned of a likely downgrade of credit and deposit scores of three Kenyan banks, citing the country’s deteriorating debt situation. The agency said it had placed on review for downgrade the B1 global scale long-term local-currency deposit ratings and the b1 baseline credit assessment (BCA)
Read MoreThe International Campaign to Abolish Nuclear Weapons has won the Nobel Peace Prize. The Norwegian Nobel Committee honored the Geneva-based group “for its work to draw attention to the catastrophic humanitarian consequences of any use of nuclear weapons and for its ground-breaking efforts to achieve a treaty-based prohibition of such
Read MoreTony Elumelu Foundation To Host Largest Gathering Of African Entrepreneurs
The Tony Elumelu Foundation (TEF), Africa’s largest philanthropy focused on supporting entrepreneurship, Thursday announced that the 3rd annual TEF Entrepreneurship Forum – the most inclusive gathering of African SMEs – will take place on October 13-14 in Lagos. This is the first year the invitation-only Forum is open to non-TEF
Read More