Merck Foundation, a non-profit organization, and a subsidiary of Merck KGaA underscored their commitment to long term partnership with Government of Uganda to build healthcare capacity with special focus on diabetes, cardiovascular diseases, infertility and cancer, the organization said in a statement dated September5, 2017. During the high-level meeting between
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A new survey reveals that Uganda’s economy is increasingly recovering from hard economic times despite export orders reducing due to political uncertainty in key export markets. The Headline Stanbic Bank Uganda Purchase Manager’s index for August signaled a further improvement in the health of the Ugandan private sector. At 54.1
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Oil prices marched higher on Tuesday following reports indicating that Russia and Saudi Arabia are considering extending the oil production cut deal agreed between both OPEC and non-OPEC members once it expires in March 2018. Russia's Energy Minister Alexander Novak was a key architect of the output cut deal that
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US aircraft manufacturer Boeing has won a victory in a long-running dispute with European rival Airbus. The World Trade Organization has reversed on appeal a ruling that Boeing received some state aid to help build its newest aircraft, the 777X. "The WTO has rejected yet another of the baseless claims
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Kenya's opposition leader Raila Odinga has just announced that he's not "ready" to take part in a planned re-run of the country's presidential election. Mr Odinga said he wanted "legal and constitutional guarantees" in place before agreeing to take part. He also called for changes to the country's electoral commission,
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The Ugandan Government is considering revising fees charged on Ugandans in the Diaspora to make it easy for them to acquire dual citizenship. Speaker of Parliament, Rebecca Kadaga, while addressing the political forum of the Ugandan North American Association (UNAA) on Sunday, 03rd September 2017 in Miami, Florida, said that
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Police in Rwanda have confirmed they have arrested a prominent opposition leader, Diane Rwigara. Her mother and sister have also been detained. The police previously denied they had been arrested. Ms Rwigara and members of her family have not been seen since Tuesday last week. She has been accused of
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By Godfrey Kenneth Gobba What if you could borrow a hundred million bucks from your bank, invest it in the Stock Market and double your money in two months? What if you could borrow a billion bucks from your bank, invest it in Bonds or Treasury Bills and earn hundreds
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Bitcoin has crossed the $5,000 (£3,862) threshold for the first time. The virtual currency peaked at $5,103.91 in the early hours of Saturday, according to CoinDesk's price index. BBC reports that the record high helped push the total value of publicly traded crypto-currencies - including Ethereum and the Bitcoin-offshoot Bitcoin
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All eyes will be on the financial markets that opened today for the first full trading session after Friday’s Supreme Court ruling that annulled the August 8 presidential election. The Friday pronouncement by the highest court in Kenya immediately triggered a bloodbath at the stock market that saw Nairobi Securities
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