Uganda’s cabinet has approved a task force to spearhead the revival of a Uganda National Airline. This is contained in a statement issued by Frank K Tumwebaze, Cabinet Spokesman and Minister of ICT & National Guidance following Cabinet sitting on 15th Friday September 2017. However, members on the task force
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President Uhuru Kenyatta has fulfilled a promise he assured to Igembe South Member of Parliament (MP) John Paul Mwirigi at the Sagana State Lodge in Nyeri. President Uhuru handed over a brand new vehicle to Mr Mwirigi on Friday, a gift he had promised the young MP when he (Mwirigi)
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The International Finance Corporation (IFC), the World Bank’s private arm, has completed buying a 10.3% stake in Nairobi-based insurance firm Britam. Britam announced the completion of the transaction set in motion in January in a notice on Friday, reports the Daily Nation. The shareholding guarantees IFC a board seat. “...Britam
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Uganda's President Yoweri Museveni has dismissed claims that government wants to grab land through the proposed Land Amendment Bill. He said that those detractors of Government’s development programmes allege that the President and the NRM Government want to steal people's land in the proposed Land Amendment Bill. The President was
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Observers found some technical problems but no evidence of vote-rigging in Kenya's presidential election last month, the European Union said on Thursday, based on random checks of tallies from polling stations. The finding was announced as Kenya gears up for a re-run of the contest between President Uhuru Kenyatta and
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The Deputy Speaker of Parliament Jacob Oulanyah has said he will suspend ministers who absent themselves from the House and yet they appear on the order paper. Oulanyah's statement came at a time when a Member of Parliament was supposed to ask a Minister, but he was absent. According to
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The First Lady and Minister for Education and Sports, Janet Museveni has called on students and Ugandans at large to embrace valuable skills outside classroom. Janet revealed this while launching the 2017 Africa Debate Championships hosted by Mengo Senior Secondary School in Kampala Thursday. “African countries have succeeded in increasing
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The Uganda Shilling was relatively stable supported by buoyant inflows on account of portfolio flows targeting the government securities market amid weak demand during the week ending 15th September 2017 Bank of Uganda open market operations also rendered some support. Trading was in the range of 3595/3605. In the fixed
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North Korea has fired a ballistic missile across Japan, creating new tension in the region after its nuclear bomb test less than two weeks ago. The missile reached an altitude of about 770km (478 miles), travelling 3,700km before landing in the sea off Hokkaido, South Korea's military says. It flew
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One of China's biggest Bitcoin exchanges has said it will stop trading, after a government warning over virtual currencies, BBC reports. BTCC said it would stop buying and selling on 30 September in response to tightening regulation. It comes after authorities banned initial coin offerings on 5 September. The country
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