The conflict has forced thousands of civilians to cross the border into Sudan Forces in Ethiopia's northern Tigray region have fired rockets at airports in a neighbouring state, as their conflict with the government grows. The Tigray People's Liberation Front (TPLF), which controls Tigray, said it had targeted the two
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Tycoon Sudhir Ruparelia Details have emerged why the Bank of Uganda on Friday November 13, 2020 announced that it had placed Crane Bank Limited (CBL) in receivership under liquidation and ordered the winding up of its affairs. Winding up is the process where a company ceases operations, with liquidation being
Read MoreBank of Uganda Governor, Prof. Emmanuel Tumusiime Mutebile Bank of Uganda (BoU)’s plans to liquidate Crane Bank Limited (CBL) in receivership are illegal and could cost taxpayers more money, should it go ahead, several lawyers have said. Yesterday, the Central Bank put an announcement on its social media channels, purporting
Read MoreEquity Group Managing Director and CEO Dr James Mwangi Equity Group profit declined 13.9 per cent to KSh15 billion in the nine months to September from KSh17.4 billion last year after the lender increased its loan book provision 11-fold. The lender’s loan loss provision jumped from KSh1.3 billion to KSh14.3
Read MoreCoca-Cola Partners With Social Media Influencer Esther’s ‘Birungi Charities’ In the latest PadThruCovid Campaign outreach
Over 100 girls are set to benefit from an outreach organized by Birungi Charities a Non-profit organization involved in social advocacy through PadThruCovid campaign that was launched during the Covid-19 lockdown. The campaign seeks to boost menstrual hygiene of under privileged girls around the country. So far, the campaign has
Read MoreMinistry of Health has changed guidelines on burying COVID-19 victims, with families now allowed to bury relatives who have succumbed to the deadly disease. The government had initially taken up the burial arrangements to guarantee safe and dignified burials, commonly used when dealing with highly infectious diseases. Previously, the Uganda
Read MoreChairman of Bar Owners Association, Geratgu Tesfalem addressing the press Uganda Bar Owners Association has appealed to government to open bars and pledged to observe all Standard Operating Procedures (SOPs) put in place, saying that they have made losses in billions of shillings due to COVID-19 induced lockdown restrictions. Addressing
Read MoreZambia faces a crucial vote that could see it become the first African country to default on sovereign debt payments since the outbreak of the coronavirus was declared a global pandemic almost eight months ago. Holders of its $3 billion in Eurobonds attending meetings at a law company in London
Read MoreBy Victor Koyi, ChildFund International, Africa Regional Director COVID-19 presents a great challenge to the education sector. It forces us to explore new ways of educating our children. As schools have reopened, there is need to rethink learning as we adhere to the containment measures aimed at minimizing the spread
Read MoreUganda edged closer to a third successive Africa Cup of Nations finals with a late win over neighbours South Sudan on Thursday. The game in Kampala looked to be heading for a goalless draw until Halid Lwaliwa, who came on as a replacement for the injured Ronald Mukiibi, headed home
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