The 2017 version of Ecobank Group Research’s Fixed Income, Currency and Commodities (FICC) Guidebook, which provides expert knowledge and analysis on African markets for investors and businesses, was launched today at AfricaFICC. Indicating a positive outlook for the continent, three key trends are forecast to take hold during the next
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Striking doctors have refused to vacate government housing units as ordered by Ministry of Health, noting that they will not succumb to intimidation. This follows fresh orders from the Ministry of Health in which Government revealed plans to embark on a recruitment exercise to hire new doctors who can work
Read MoreThe Bank of Uganda (BoU) has spent a whopping Shs6.5bn on external lawyers, Business Focus reveals. BoU mainly uses Timothy Masembe Kanyerezi of MMAKS Advocates and David Mpanga from AF Mpanga and Company Advocates as external lawyers to handle its legal cases. [caption id="attachment_4189" align="aligncenter" width="300"] Timothy Masembe[/caption] Business Focus
Read MorePresident 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 MoreThe ministerial committee convened to negotiate with doctors to call off their strike has failed to yield results. Government officials led by the Health Minister, Jane Ruth Aceng met the top leadership of Uganda Medical Association-UMA in a tense meeting held at Statistics House in Kampala. In her remarks, Aceng
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 MoreUnconfirmed reports from Zimbabwe indicate that President Robert Mugabe and his family are under house arrest The military has seized control in Zimbabwe but has said President Robert Mugabe, in power since 1980, is safe. After seizing state TV, an army spokesman announced it was targeting people close to Mr
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 MoreThe armed forces 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, reports Bloomberg. The Zimbabwe Defense Forces will guarantee the safety of Mugabe,
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