The International Monetary Fund (IMF) has approved a financing package for Somalia In a statement, Kristalina Georgieva (pictured), Managing Director of IMF said: “Today, the IMF Executive Board approved a financing plan that will help mobilize the resources needed for the IMF to cover its share of debt relief to
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“But blessed is the one who trusts in the Lord, whose confidence is in Him. They will be like a tree planted by the water that sends out its roots by the stream. It does not fear when heat comes; its leaves are always green. It has no worries in
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US President Donald Trump has been impeached by the country's House of Representatives. Trump becomes the 3rd president in US history to be impeached. He was impeached on charges of; Abuse of power and obstruction of Congress. His case emanates from a call with new Ukrainian President Volodymyr Zelensky in
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Eggs in Kenya have gone up KSh70 (UShsK2,529) a tray following the government’s tightening surveillance on illegal imports from Uganda, which had flooded the market. A tray is now selling at KSh350 (12,705) at the wholesale level up from KSh280 with projections of a further rise in prices ahead of
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Kenya Airways (KQ) has announced that it anticipates 25 per cent or more lower earnings for the period ending December 31, 2019 when compared to 2018, pointing to wider losses this year despite several cost cutting measures by the carrier. In a notice signed by Kenya Airways Board Chair Michael
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President Yoweri Museveni has said that he values the East African Community and the integration process. Speaking after watching a ladies volleyball match between national parliaments of Uganda and Tanzania at the ongoing EAC inter-parliamentary games in Lugogo, Museveni said that the Community is critical for the survival of the
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The third edition of the Mastercard Index of Women Entrepreneurs (MIWE) has listed three African countries as global leaders in terms of women-owned businesses. Uganda, Ghana and Botswana are ranked as the top three countries with the highest percentages of women-owned businesses across the 58 markets evaluated around the world.
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Mityana Municipality MP, Francis Zaake has denied accusations that he threatened to beat up Makerere University Vice Chancellor, Prof. Barnabas Nawangwe within Parliament premises. He instead says it’s his life that was threatened for fighting for the rights of students. “As far as I remember I behaved in a very
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Imagine living in prison for 19 years and declining a rare opportunity for freedom. That was the case recently when a man surprisingly refused to match to freedom after Tanzania President John Magufuli pardoned him. The Tanzanian, Merad Abraham (pictured), instead chose to harm himself. President Magufuli set free 5,533
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The Danish Ambassador to Uganda, Nicolaj Hejberg Pedersen and Uganda’s Minister of Finance, Matia Kasaija Tuesday signed a grant agreement worth Shs19 billion that will contribute to the Government of Uganda’s efforts in ensuring more effective, efficient and accountable use of resources. For close to three decades, Denmark has partnered
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