The Executive Board of the International Monetary Fund (IMF) today approved a grant under the IMF’s Catastrophe Containment and Relief Trust (CCRT) to cover Tanzania’s debt service falling due to the IMF from today to October 13, 2020, the equivalent of US$14.3 million (53.37bn). Additional relief covering the period from
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Uganda's President Yoweri Museveni has said the country is preparing to have 40,000 hospital beds to treat coronavirus patients. The president said the Ministry of Health was initially planning for 9,000 extra beds, some at Namboole Stadium in the capital, Kampala. But he said that he had told officials to
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Denise Nkurunziza, the widow of Burundi’s late president, returned home from receiving medical treatment in Kenya hours after the announcement of her husband’s death, the BBC has learnt. On Tuesday afternoon, the government announced that President Pierre Nkurunziza had died aged 55 after suffering a cardiac arrest. An official in
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Parliament’s National Economy Committee has rejected Shs150bn budget request by the Civil Aviation Authority (CAA) to respond to COVID-19 effects. CAA officials led by the Deputy Director, Fred Bamwesigye appeared before the Committee chaired by Syda Bbumba but MPs rejected the request. The CAA team tabled a budget of Shs150bn
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Uganda’s Minister of Health, Jane Ruth Aceng has revealed that face masks aimed at reducing the spread of COVID-19 will be distributed door-to-door via Government structures. FOR MORE INFO & LATEST UPDATES ABOUT COVID-19 SITUATION IN UGANDA CLICK HERE. She made the remarks today while launching the distribution of face
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Human Resource Managers have been urged to practice high levels of professionalism while executing their work in the different sectors. They have been urged to practice their ethical code of conduct, treat employees fairly and seek high levels of knowledge to save those at work to create better output of
Read MoreMPs on the Parliamentary Public Accounts Committee (PAC) Wednesday quizzed officials from Mbale Regional Referral hospital over delays to complete the construction of the Shs22bn surgical complex (pictured) at the hospital that has stalled for 2 years. Dr. Emmanuel Tugaineyo Ituuzo, the Director Mbale Regional Referral Hospital led the officials
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By Denis Jjuuko As the United States of America was engulfed in flames following the killing of an African American, George Floyd, in police custody, an interesting story surfaced online. In the story, African Americans were urging each other to support fellow African American or black businesses. The story says
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By Anne Juuko, Chief Executive of Stanbic Bank Uganda Africa’s progress in empowering women risks being undone if authorities’ responses to the Covid-19 crisis do not take gender issues into account. Most notably, access to funding will be critical for the survival of many small businesses; yet we know that
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Exciting details have emerged of an economic plan by Aya Investments to support Uganda's economy post the COVID-19 lock down. We have learnt that Aya Investments owned by money magnate, Chairman Mohammed Hamid intends to inject billions of shilling in a project that will see the creation of a vast
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