October, 2014. Patrick Ho Chi-ping was planning a trip from Hong Kong to the central African country of Chad, where he was scheduled to meet the long-time president, Idriss Déby. But Ho got a warning: he should skip the capital and, instead, take a flight to Ethiopia where he would then fly
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Another Forum For Democratic Change (FDC) Presidential candidate has conceded defeat to the newly elected party leader, Patrick Oboi Amuriat. Moses Byamugisha in his concession speech says he looks forward to working with Amuriat to bring back party members who had deserted. Below is his statement Soon after Hon Amuriat
Read MoreTwo senior police officers who were side-stepped in the recent appointment of police spokesperson Emilian Kayima have finally handed over their offices as they await new deployment. The two officers include Commissioner of Police (CP) Fred Enanga who has been working as part of the administration team Assistant Commissioner of
Read MoreAfrican telecommunications group Econet is considering selling shares on the London Stock Exchange at a valuation of about $8 billion (UShs29.1 Trillion) next year after combining new and existing assets, according to people familiar with the matter, reports Bloomberg. That valuation would be based on an enlarged company, partly forged through
Read MoreAfrica’s largest cement Company, Dangote Cement Plc Wednesday added fillip to the on-going efforts at economic emancipation of Africa when it formally opened its 1.5mtpa capacity cement plant in Mfila, Congo Brazzaville, amid ecstasy by the government and the indigenes of the Country. The new plant estimated at $300 million
Read MoreEmmerson Mnangagwa has been sworn in as Zimbabwe's president in a ceremony at a packed stadium in the country's capital, Harare, reports BBC. It follows the dramatic departure of Robert Mugabe after 37 years of authoritarian rule. The former vice-president's dismissal earlier this month led the ruling Zanu-PF party and
Read MoreDuring the week ending 24th November 2017, the Uganda Shilling maintained a strong foothold despite pockets of demand that emerged from corporates and interbank towards the close of the week. In the early part of the week there were improved inflows in the market mainly from exports and NGO's that
Read MoreTo meet or not to meet President Yoweri Museveni over Constitutional Amendment Bill (No.2) 2017? That was the question that has left MPs on the Legal and Parliamentary Affairs Committee divided. During an internal Committee meeting held on Thursday at Parliament, Jacob Oboth, the Committee Chairperson rejected the proposal to
Read MoreBy Aloysious Kasoma National Social Security Fund (NSSF) has intensified efforts to cash in on 11 million workers in the informal sector. Speaking at the sidelines of the East and Central Africa Social Security Association (ECASSA) conference held at Serena Hotel in Kampala on Thursday, Richard Byarugaba, the Managing Director
Read MoreUganda's President Yoweri Museveni has warned residents of a village in eastern Uganda to vacate areas close to a mountain cliff. While condoling the people of Bufupa and Masaba sub county, President Museveni warned people to vacate settlements that are close to the mountain cliff, adding that government is going
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