The United States of America (USA) government has released new guidlines on Uganda's relationship with the powerhouse under the AGOA arrangement. AGOA provides incentives for African countries to become more globally competitive by making economic and commercial reforms. The main incentive is the opportunity to export goods, from a list of
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Congolese President Joseph Kabila on Saturday said he had never "promised anything" about whether to hold elections in the Democratic Republic of Congo, seeming to back away from a deal to hold a vote this year. "I have not promised anything at all," Kabila told the German weekly Der Spiegel
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Oil prices have risen after a political rift in the Middle East escalated with Saudi Arabia, Egypt, Bahrain and the United Arab Emirates severing ties with Qatar. As a result Brent crude, which is a global benchmark for oil value, climbed 1.24% in early trading in Asia on Monday to
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Uganda's President Yoweri Museveni has grilled the country's Inspector General of Police (IGP) over the transfers of certain police bosses. [caption id="attachment_1596" align="alignnone" width="595"] IGP Kale Kayihura[/caption] According to a local daily, Museveni who last week held a meeting with the IGP, General Kale Kayihura was furious over the transfer
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Saudi Arabia, Egypt, Bahrain, the United Arab Emirates and Yemen have cut diplomatic ties with Qatar, accusing it of destabilising the region. They say Qatar backs militant groups including so-called Islamic State (IS) and al-Qaeda, which Qatar has denied. The Saudi state news agency SPA said Riyadh had closed its
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Parliament wants NRM request of getting Shs2bn out the 2017/18 budget to support its Manifesto Delivery Unit be granted despite being rejected by Ministry of Finance. According to a report by the Parliament Budget Committee on the 2017/18 national budget estimates obtained by Business Focus, the legislators have demanded that
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Uganda's President Yoweri Kaguta Museveni has said that once revived, the Uganda Airlines will succeed mainly because of the direct travel opportunities that it will offer its Ugandans in the diaspora, business community, tourists and the vast domestic travel opportunities. The President was on Saturday speaking during a meeting with Monsieur
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The Bank of Uganda (BoU), the regulator of Uganda’s financial sector has spoken out for the first time on the ongoing public debate about the recent burial of socialite Ivan Ssemwanga where lots of money (Uganda Shilling notes) where thrown into his grave. The public has come out to demand
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On June8, 2017 (next Thursday), Matia Kasaija, the Minister of Finance, Planning and Economic Development will take to the podium at the Kampala, Serena Conference Centre to present to the nation the 2017/2018 National Budget. This important event will be preceded by state of the nation address that will be
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China on Thursday rejected allegations that two of its diplomats working in Uganda were involved in the trafficking of ivory from the African country. The Chinese embassy officials are suspected of helping move ivory from the Democratic Republic of Congo, the Central African Republic and South Sudan, using Uganda as
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