Kenya's Daily Nation news site says that the country's government has resisted pressure from the US to seize assets and wealth belonging to South Sudan's elite. The newspaper quotes Foreign Affairs Principal Secretary Macharia Kamau as saying: Kenya knows its obligations in regards to corruption and money laundering, and is
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The Bank of Uganda (BoU) has revealed that interest rates continues to decline, but customers of small-sized loans are charged higher rates compared to big ones. According to the Monetary Policy Report for June 2018, the Weighted Average Lending Rate (WALR) has declined to 20% and 7.8% in April 2018
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ARTICLE ANALYZING THE PERFORMANCE OF THE NRM PARTY IN THE ELECTIONS AND BY-ELECTIONS HELD SINCE 2016 Since the General Elections in 2016, we have had 16 by-elections for Parliamentary seats. The NRM has won nine (9) by-elections and lost seven (7); five (5) to Independents, most of whom are NRM
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By Kenneth Agutamba The Twitter hash-tag #ICanConfirm, created in mockery ofjournalists’ frantic reporting on the arrest, early this week, of a top Ugandan military official, generated quite a discussion in various online editorial chatrooms; the question was, is it a reporter’s job to confirm? To answer that, one could start
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Uganda Police Professional Standards Unit has commenced on the countrywide man power audit as part of the exercise to enforce Police Standing Orders and Administrative Orders, creating tension among some unprofessional police officers. The exercise which started with units divisions and regions within Kampala has commenced today 18th June 2018
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The Rugby Cranes suffered a 55-6 defeat at Hage Geingob Stadium on Saturday during the Rugby Africa Gold Cup Uganda Rugby Cranes head coach John Duncan remains optimistic despite his sides embarrassing defeat to Namibia in Windhoek in the opening game of the Africa Gold Cup. The Rugby Cranes suffered
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Pizza Bond, a popular eatery in Kampala has received endorsement from singer Jose Chameleone, one of the most popular artists in Africa. In photos obtained by this website, Chameleone is seen happily sharing a photo moment with Pizza Bond's marketing chief Ronald Byaruhanga as he departed with two boxes of
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Poultry farming is one of the most lucrative businesses in Uganda and the world at large. The increasing demand for chicken (call it chicken meat) and eggs resulting from the growing population and townships across the country provides an opportunity for new and existing farmers to cash in on this
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OPEC members are discussing a compromise agreement that would see an oil production increase of between 300,000 and 600,000 barrels a day over the next few months, according to people briefed on the talks, Bloomberg reports. While Iran said on Sunday it’s opposed to any increase to current quotas, officials
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Uganda has 24 operating banks but the market is dominated by a few banks, a thing that could adversely hurt the economy in case one of them collapsed. Stanbic, dfcu, Centenary, Standard Chartered (StanChart) and Barclays control over 60% of the industry market share, according to an analysis carried out
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