Dr. Mary Goretti Kitutu (L), the Minister of Energy and Mineral Development launching UNOC's bulk trading business at Stabex in Nansana. Looking on are officials from UNOC and Stabex International Uganda through the Uganda National Oil Company (UNOC) has officially started bulk trading of petroleum products in a move aimed
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Nairobi Stock Exchange Halts Trading As Share Prices Collapse On Virus Scare
Trading on the Nairobi Securities Exchange (NSE) was Friday suspended towards the close of the market as panicky investors made indiscriminate sale of shares. Total market capitalisation dropped by Sh120 billion – one of the largest declines in a single day in the history of the bourse. The value of
Read MoreBy AFP US President Donald Trump (pictured) has tested negative for the novel coronavirus, the White House physician said Saturday. Trump submitted to the test after coming in contact with several members of a Brazilian presidential delegation visiting his Florida resort who have since tested positive for the virus. "This
Read MoreSudan says a man in his 50s who died on Thursday in the capital, Khartoum, had coronavirus, confirming the country's first case, BBC reports. The man had visited the UAE in the first week of March, health authorities said. Sudan has stopped issuing visas for, and flights to, eight countries,
Read MoreMicrosoft co-founder Bill Gates (pictured) is stepping down from the company's board to spend more time on philanthropic activities. He says he wants to focus on global health and development, education and tackling climate change. One of the world's richest men, Mr Gates, 65, has also left the board of
Read MoreCoronavirus: Premier League Suspended Until 3 April At Earliest
All elite football in England has been suspended until at least 3 April as a result of the spread of coronavirus. All Premier League games, EFL fixtures and matches in the FA Women's Super League and Women's Championship have been postponed. The Premier League said action would resume on 4
Read MoreHow Coronavirus Pandemic Will Impact Businesses, Economies
As the coronavirus pandemic ravages the globe after it emerged in China just a few months ago, day-to-day life for millions of people has changed. Latest data, according to an AFP tally, indicates that there are now more than 124,000 infections across the world with 4,500 deaths. According to the
Read MoreKenya has confirmed its first Coronavirus case. Health Cabinet Secretary Mutahi Kagwe on Friday said the patient is a Kenyan who travelled from US via London. He said that although the patient, a Kenyan, is stable and eating, she will not be released from hospital until she is confirmed negative.
Read MoreA new cabinet has been announced in South Sudan - a key step in the peace process following years of civil war. Three weeks ago President Salva Kiir and the former rebel leader Riek Machar agreed to form a government - and there had been some concern that disagreements over
Read MoreBy AFP Stock markets plunged around Asia on Monday, as panic selling set in with traders fretting over the economic impact of the new coronavirus and digesting a free-fall in the oil price. By mid-morning, the benchmark Nikkei 225 index had dropped 5.10 per cent or 1,058.06 points to 19,691.69,
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