For 37 years, Robert Mugabe withstood challenges to his rule from former allies, from sanctions, from the opposition that nearly toppled him in the 2008 election. Today, it appears he has finally lost his grip on power, undone in part by the actions of his wife, first lady Grace Mugabe.
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President Robert Mugabe is insisting he remains Zimbabwe’s only legitimate ruler, an intelligence source said on Thursday, and is resisting mediation by a Catholic priest to allow the 93-year-old former guerrilla a graceful exit after a military coup. The priest, Fidelis Mukonori, is acting as a middle-man between Mugabe and
Read MoreNovartis, the American Society for Clinical Pathology (ASCP) and the American Cancer Society (ACS) announced Wednesday they will work together to devise a common approach to improve access to cancer treatment in Sub-Saharan Africa. Each partner brings unique expertise in cancer diagnosis and treatment. This complements the work the Clinton
Read MoreBy Aloysious Kasoma Equity Bank Uganda has unveiled city comedian and actor cum radio presenter Patriko Mujuuka as brand Ambassador. Addressing the press at the Bank’s Supreme branch along Buganda road in Kampala on Wednesday, Anthony Kituuka, the Equity Bank Uganda Executive Director, said that Mujuuka appeals to all types
Read MoreZimbabwe: A Poor Country With Abundant Natural Resources
The Zimbabwe Defense Forces Wednesday seized power in Zimbabwe after a week of confrontation with President Robert Mugabe’s government and said the action was needed to stave off violent conflict in the southern African nation that he’s ruled since 1980. But how has the country progressed since it got independence?
Read MoreStandard Chartered Bank Kenya Ltd (SCBKL) has issued a profit warning for the full year ending December 2017, citing the effects a cap on interest rates imposed a year ago and unpaid loans in a sluggish economy, reports Business Daily. “SCBKL projects that net earnings for the year ending December
Read MoreBank of Uganda (BoU) and the Central Bank of Sudan have agreed to explore all avenues to consolidate and expand trade and investment between Uganda and Sudan. This was during a meeting between Bank of Uganda Deputy Governor, Dr. Louis Kasekende, and the Governor of the Central Bank of Sudan,
Read MoreTanzania says that it will sell more than 10,000 cattle belonging to Ugandan and Rwandan herders. The cattle were reportedly seized after crossing the border into the country, a minister told Parliament Monday. Just like the cows belonging to Kenyan herders were sold last month, the cattle will be auctioned
Read MoreConstitutional lawyers Frederick Ssempebwa and Peter Mulira have said changing the constitution against the will of Ugandans may plunge the country into chaos. The senior legal brains in Uganda, who appeared separately on Tuesday before the Legal and Parliamentary Affairs Committee to give their views on the Constitutional Amendment Bill
Read MoreBy Livingstone Mukasa When it comes to issues of business and finance, I consider myself above average. Actually my friends, students and mentees coined a moniker “The People’s Professor” for me for sharing candidly about matters related to money and finance. But I have to admit that I have struggled
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