Kenyan logistics and shipping companies are facing up to double freight costs, higher premiums and delays following the attacks at the Red Sea channel. Shippers and importers say the disruptions have resulted in expensive changes to them and clients. Freight charges have gone up by between 70 percent to 100
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Dfcu bank headquarters On 8 January 2024, the UK Supreme Court ruled that it had decided not to grant dfcu bank permission to appeal in Claim No. CL-2020-000859 involving Crane Bank Limited (CBL). It should be noted that in December 2020, CBL filed a claim in the English courts challenging the transaction relating
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Luwero Chief Administrative Officer has directed five head teachers to refund over 24 million Shillings allocated under the Universal Primary Education (UPE) program. The implicated head teachers are from Kyampisi Primary School (unaccounted for 6.02 million Shillings), Kaswa Primary School (5.08 million Shillings), Kibanyi Primary School (5 million Shillings), Sambwe
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The Uganda Shilling ended the year 2023 on a stronger note having stabilized against the US Dollar, and did better than its peers in the East African Community, according to analysts. The currency strength has fluctuated between 3,767 and 3,815 to the US dollar over the last month, with the
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Street children in Kampala/Courtesy photo The Minister for Kampala Capital City Authority (KCCA), Minsa Kabanda, has called on Parliament to enact a law banning the public from giving out money to street children saying, Government is wasting a lot of money relocating the vulnerable children, who end up returning to
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The government has announced it will discontinue payments for deemed power as the Achwa and Karuma Hydroelectric power stations are expected to commence operations this year. Deemed energy, often unused electricity available from independent power producers (IPPs) due to non-existent or weak grid infrastructure, has been a financial burden. John
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IGG, Beti Kamya The Inspector General of Government (IGG), Beti Kamya Turomwe has summoned embattled Karamoja Affairs Minister, Mary Gorreti Kitutu over the controversial iron sheet saga. URN has seen a letter written by Kamya on December 6th, 2023 ordering Kitutu to appear before her office on Thursday, January 11th,
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The Minister of Energy, Ruth Nankabirwa It is now clear that the concession for the power distributor, Umeme shall not be extended beyond March 2025. Umeme has for the last 19 years become a household name and is known for introducing the now-popular Yaka prepaid meters. The Minister of Energy,
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A 58-year-old German tourist has died and two others injured after getting involved in a motor vehicle accident in Kaharo sub-county, Kabale district, along the Kabale-Mbarara Highway. The accident happened on Saturday at around 09:00 am. Assistant Commissioner of Police (ACP), Saiga Ibrahim, Kigezi Region Police Commander says that the
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Musinguzi left, Zhanga in blue shirt, and Jincheng after signing the MOU The translation of Uganda’s tax laws and policies into Chinese is expected to ease doing business between the Uganda Revenue Authority and the Chinese investors. The translated tax policies were on Friday launched by the URA Commissioner General,
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