The ban on plastic bags by Kenyan Government in August has driven their manufacture and sale underground as black market racketeers find avenues to rake in huge profits. Investigations by The Standard have revealed that some traders are flirting with jail terms and heavy fines by secretly stocking and selling
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It is exactly two weeks since robbers entered the strong room of a Kenya Commercial Bank branch in Thika, Kenya and stole over UShs1.8bn. However, the circumstances under which the heist was executed still remain a mystery. Three people — two brothers and a friend — have been charged with
Read MoreTOUCHING STORY: ‘I Was Sold Three Times By Slave Traders’
Harun Ahmed is one of thousands of young Ethiopians who have attempted the journey across the Sahara to Libya - and from there to Europe. He eventually made it to Germany, but only after surviving months of torture and starvation at the hands of three separate slave traders who bought
Read MoreBank of Uganda (BoU) Deputy Governor, Dr. Louis Kasekende has said the Central Bank regulations can’t stop banks from collapsing. Kasekende made the remarks on Wednesday while giving a key note address at the 7th Annual International Leadership Conference organized by Makerere University Business School (MUBS). His address centered on
Read MoreExpert Opinion: Keep Your Word; It’s The Strongest Currency You Will Ever Own
By Livingstone Mukasa Sometimes we wonder why things never happen for us. We wonder that no one is capable of trusting us. But can you keep your word; can you be trusted with something valuable? Now I have helped many get funding outside Uganda, but when it comes to pay
Read MoreControversial veteran journalist and political pundit, Andrew Mwenda has likened Uganda's biggest opposition party, the Forum for Democratic Change (FDC) to Adolf Hitler's NAZIs. Mwenda made these remarks on Sunday on social media after writing an analysis of the the FDC Presidential elections held on Friday that saw Patrick Amuriat
Read MoreMany African countries have made significant progress towards creating an Internet sector, with broad reforms that focus on increasing broadband availability. There have been further successes within countries in developing online platforms, fostering growth of local companies and increasing the incentive to go online-- says a new report launched Thursday
Read MoreWith the latest iteration of South Africa’s Mineral and Petroleum Resources Development Act expected to be completed by the end of 2017and the Integrated Energy Resource Plan nearing completion, South Africa is set to leverage itslargely unexplored and underdeveloped oil and gas sector to re-ignite growth able to drive broad
Read MoreBy Livingstone Mukasa Every one of us is driven by something. Some of us know what drives us and others are yet to pin it down. The life you live is essentially a product of your push and pull factors. In my case, one of my push factors is to
Read MoreUgandans Tipped On How To Benefit From Shs73 Trillion Oil Cash
Many Ugandans are excited about the oil money that is expected when oil starts flowing come 2020. However, many will not physically touch the oil money that many believe will transform Uganda economically. According to experts, US$15bn (Shs54.7 trillion)-US$20bn (Shs73 trillion) is expected to be invested in Uganda’s oil and
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