The Uganda Shilling maintained a stable stance, supported by end month inflows mainly from NGO's and commodities amid very low demand levels in the market during the trading week ending 31st August 2017. Trading was in the range of 3585/3595. Similarly, in the interbank money market, rates remained stable with
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Kenya’s shilling weakened 0.44 percent against the dollar on Friday after the country’s Supreme Court declared President Uhuru Kenyatta’s election win invalid due to irregularities committed by the electoral board. At 0918 GMT, less than an hour after the court’s ruling, commercial banks quoted the shilling at 103.20/40 per dollar,
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Kenya's Supreme Court has annulled the result of last month's presidential election and ordered a new one within 60 days. The ruling, citing irregularities, makes Kenya the first African country to invalidate a presidential poll. The election commission had declared incumbent Uhuru Kenyatta the winner by a margin of 1.4
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Mbarara district khadhi, Sheikh Ahmed Kwikiriza is dead. Reports indicate that Kwikiriza died in an accident along Mbarara high street near the Independence Park on Friday morning. He was reportedly traveling in his official car at the time of the accident and was heading to the Mosque, but his vehicle
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Ethiopian Airlines is in talks to take over management of Nigeria's troubled Arik Air. Nigeria’s government took over Arik Air early this year after it declared heavy losses. Ethiopian Airlines’ head for international services, Esayas Woldemariam, told the Associated Press news agency that the negotiations follow a request by Nigeria’s
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Uganda moved to the top of Group E in Africa's 2018 World Cup qualifying campaign with a 1-0 win over Egypt. Tanzania-based forward Emmanuel Okwi scored the only goal of the game six minutes after half-time. The 30-year-old cut into the area from the right and after some fancy footwork
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Telecoms service provider Airtel Kenya ended the 2016 financial year with a KSh45 billion (UShs1.5 trillion) debt load, a newly-released annual financial report says. The report, which was published on the Delhi-based parent company’s website, has for the very first time made public the inner details of the company’s financial
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A relative of Rwandan politician, Diane Rwigara, has challenged the police's account of her arrest and her whereabouts. An uncle, who is based in Canada, told BBC's Focus on Africa programme that he has been told by people present during the arrest and by neighbours that the police arrested, handcuffed
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Uganda National Roads Authority (UNRA) and Ministry of Works and Transport have come under fire over the poor state of the Mbale-Tirinyi road. MPs from the Eastern Region have threatened to demonstrate on Monday September4 if no efforts are taken to put the road in order. In a joint press
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A teenager shot dead in east London has been named by police. Former RAF cadet Abdul Mayanja, 19, was found by police after shots were fired in Well Street, Stratford, on Friday night. He died later in hospital. Detectives believe Mr Mayanja left his home in Plaistow at about 22:00
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