South Sudan offered to allow a rebel representative to join its government on Friday, but ruled out Riek Machar, saying they had “had enough” of the rebel leader after five years of civil war. “Machar cannot be part of government. We have had enough of him,” Information Minister Michael Makuei
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By Aloysious Kasoma Orient Bank Uganda has marked 25 years of banking business under the guardianship of a successful family. The bank which has since hit 23 branches and 25 ATMs across the country held its celebrations at Serena Hotel on the Tuesday. Speaking during the event, the founder and
Read MoreEthiopia’s new Prime Minister Abiy Ahmed escaped a grenade attack on Saturday at a rally in the capital that killed one person and left scores wounded, officials and witnesses said. The attack was launched by an unidentified assailant moments after 41-year-old prime minister, a former soldier who took office in
Read MoreAn explosion rocked a stadium in Zimbabwe where President Emmerson Mnangagwa was addressing a political rally on Saturday, his spokesman said, adding the head of state was unhurt and taken to safety. "There has been an incident at Bulawayo (White City Stadium) where the president was addressing a rally. This
Read MoreUganda Catholic Bishops have revealed that they have already secured license from Uganda Communications Commission (UCC) to start a national Catholic television called Uganda Catholic Television (UCT). This is contained in press statement released on June 8, 2018 by the bishops after their annual Plenary Assembly held from June 4-8,
Read MoreRomelu Lukaku and Eden Hazard both scored twice as Belgium strengthened their lead above England at the top of Group G by crushing Tunisia with a devastating attacking display. While Roberto Martinez's side are not through to the last 16 yet, a win for England over Panama in Nizhny Novgorod
Read MoreTen senior government officials have been arrested following days of uncertainty over the safety of sugar being imported into the country. Among them is the head of the national consumer protection agency. The arrests come a day after two senior ministers contradicted each other on whether impounded sacks of sugar
Read MoreUS President Donald Trump has renewed sanctions on North Korea, citing an "extraordinary threat" from its nuclear weapons - just 10 days after saying there was no risk from Pyongyang, BBC reports. "There is no longer a Nuclear Threat from North Korea," he tweeted on 13 June, a day after
Read MoreThe Speaker of Parliament, Rebecca Kadaga, has called for the review of the decentralisation policy and increase in funding for Local Governments if they are to be effective. Kadaga said that the decentralisation policy in its current state promotes individualism. She said that whilst decentralisation has created jobs, Ugandans have
Read MoreBoU Intervenes As Shilling Hits All-Time Low Of 3890/3900
The Uganda shilling weakened to an all time low on the back of strong interbank demand, energy and manufacturing sector during the week ending 22nd June 2018. Trading was in the range of 3890/3900. However, after watching from the sidelines for a while, Bank of Uganda (BoU) intervened on the
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