A report by the World Bank has estimated that Africa needs about $12bn (UShs43.9 trillion) to buy and distribute enough coronavirus vaccines to interrupt transmission of the virus. A paper written with the International Monetary Fund also argues that G-20 countries should extend their moratorium on debt repayments offered to
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Kenyans have began signing an online petition asking the International Monetary Fund (IMF) not to give the government any more loans citing corruption. Through the hashtag #StopLoaningKenya, Kenyans have circulated the online petition link while also giving more reasons why no more lending should occur. The discussion started days after
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The late Archbishop of Kampala Dr Cyprian Kizito Lwanga The late Archbishop of Kampala Dr Cyprian Kizito Lwanga succumbed to Ischemic heart disease following coronary heart thrombosis, according to a post-mortem report from Mulago national referral hospital. “This means a heart attack that is due to a blood clot that
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IMF Managing Director Kristalina Georgieva The Executive Board of the International Monetary Fund (IMF) approved on April 1, 2021 a third tranche of grants for debt service relief for 28 member countries under the Catastrophe Containment and Relief Trust (CCRT). This approval follows two prior tranches approved on April 13,
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CCTV footage grab of the the thugs Police are hunting four impostors who posed as National Water Sewerage Corporation (NWSC) staff to execute a robbery in which $4,500 and other currencies amounting to 85 million Shillings was stolen from a private residence in Kyambogo, eastern Kampala. A video that was captured
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Kampala Lord Mayor, Erias Lukwago The Kampala Lord Mayor, Erias Lukwago has been evacuated from Lubaga Cathedral after collapsing during the mass to commemorate the life of His Grace Dr. Cyprian Lwanga, the former Archbishop of Kampala Archdiocese. Lukwago, who was seated in the area reserved for VIPs, was lifted by
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Local Government Minister Raphael Magyezi Newly created sub-counties and Town Councils will get funding for their operations in 2021/2022 financial year, the Local Government Minister, Raphael Magyezi has disclosed.At least 364 sub-counties and 352 town councils created by the government across the country has been non-functional for close to a
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As farmers begin to plant in most parts of the country, many gardens in Bududa district are still idle as the owners desperately wait for Operation Wealth Creation seeds. Farmers say a few of them who have managed to plant suffered the high prices of the seeds which have shot
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Finance Minister Matia Kasaija The Ministry of Finance is set to withdraw Shs200bn from the Petroleum Fund to finance the 2021/2022 national budget, according to documents tabled before Parliament. The proposal is contained in the Appropriation Bill tabled by Minister of Finance Matia Kasaija and the money is set to contribute to the
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Government through Ministry of Finance, Planning and Economic Development has proposed a new tax on each kilogram of gold exported. The proposal is among the tax bills tabled last week by Minister of Finance Matia Kasaija in which Government is seeking to amend the Mining Act, 2003 to impose an export levy
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