The illegal outflow of money is related to the export of high-value goods such as gold Africa lost $836bn (£650bn) in illegal movement of money out of the continent in the 15 years to 2015, a new report by the UN agency for trade and development (UNCTAD) estimates. Compared with
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Uganda will begin human trials of a Covid-19 vaccine in November, the Daily Monitor newspaper reports quoting ministry of health officials. The vaccine, called Self Replicating RNA, has been developed through a partnership between Uganda Virus Research Institute (UVRI) and Imperial College in the UK. The head of a presidential
Read MoreSchools in Uganda are set to open for finalists on October12, 2020 In the wake of the coronavirus pandemic, governments worldwide, Uganda included, declared extensive lockdowns in a bid to control the spread of the virus that saw many sectors of the economy including the education sector come to a
Read MoreAlcohol consumption weakens the immune system, health experts say Pubs in Kenya will reopen on Tuesday, six months after they were shut to curb the spread of coronavirus. Trading hours, however, have been restricted - they have to close at 22:00 local time. The announcement was made by President Uhuru
Read MoreFinance Minister Matia Kasaija (C) declaring interest rate for FY 2019/20. Looking on is NSSF Managing Director, Richard Byarugaba (R) and the Fund’s Board Chairperson Patrick Kaberenge By Peter Nyanzi As Finance Minister Matia Kasaija was making the most-awaited report for National Social Security Fund (NSSF) members this morning, the
Read MoreThe World Health Organisation (WHO) needs not less than UShs129.8 trillion to eradicate the COVID-19 pandemic, a new funding appeal has revealed. In a special communication shared with global media on Friday, WHO said the sacrifice needed is small compared to what world governments have spent or lost while trying
Read MoreThe OPEC Fund for International Development (the OPEC Fund) has signed a US$20 million term loan in favor of East African Development Bank (EADB). EADB will use the loan to support small- and medium-size enterprises (SMEs) and infrastructure projects in East Africa. EADB is an important regional development institution for
Read MoreUnconfirmed news reports Thursday said Israel Prime Minister Benjamin Netanyahu will fly to Uganda in the coming days to meet the Sudanese leader, General Abdel Fattah al-Burhan, to discuss the establishment of diplomatic relations. Speculation has run rampant about the deal over the past weeks and gained momentum after U.S.
Read MoreKyambogo University Vice Chancellor, Prof. Elly Katunguka Kyambogo University final year students will resume their studies in October 2020, but students will be required to buy masks and sanitizers for themselves. Addressing the press at the University this morning, Kyambogo University Vice Chancellor, Prof. Elly Katunguka said that the University
Read MoreSamantha Niyonsaba and CK Japheth, The Innovation Village Team Lead at a meeting The Innovation Village, through its EdTech Lab in partnership with Mastercard Foundation Young Africa Works and the Arizona State University Education for Humanity, has launched a business development programme dubbed ‘Future of Education’, a challenge with the
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