A Ugandan inventor has won a major prize for a device which tests for malaria without drawing blood. Brian Gitta, 24, won the Royal Academy of Engineering's Africa Prize for a device that detects tell-tale signs of malaria by shining a red beam of light on the patient's finger. The
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Uganda’s public debt has hit USD10.53 billion (Shs40.4 trillion) as at March 2018. External debt comprise USD7.18 billion (Shs27.58 trillion), while domestic debt stands at USD3.35 billion (Shs12.8 trillion). This was revealed by the country's finance minister, Matia Kasaija on Thursday while presenting the Shs32.7 trillion 2018/19 budget at Kampala
Read MoreThe Africa Government Group led by Uganda has threatened to pull out of discussions of the International Labour Organization (ILO’s) Standard-Setting Committee on Ending Violence and Harassment in the World of Work Convention if Lesbians, Gays, Bisexuals, Transgender and Intersexes (LGBTIs) are given special attention. The 54 African member states
Read MorePolice in Kisoro district have blocked a rally organised in support of arrested former Inspector General of Police, General Kale Kayihura. Earlier, police deployed heavily in Kisoro town following news of a planned demonstration by locals and political leaders against the arrest of Kayihura. Kayihura is a son of the
Read MoreThe United States has urged Kenya to investigate properties and assets owned by elite families from South Sudan, including its president and his rival, who have enriched themselves in their country's civil war raging since 2013. Sigal Mandelker, the US Treasury's under-secretary for terrorism and financial intelligence on a tour
Read MoreBritish lawmakers are pressing the accounting regulator to divulge details of the misconduct that prompted it to slap unprecedented fines on accountants PwC and a former senior partner over a 2014 audit of now-collapsed retail chain BHS, Reuters reports. The Financial Reporting Council (FRC) overnight fined PricewaterhouseCoopers, one of Britain's
Read MoreSouth Sudan's rebel leader has agreed to meet with the country's president in Ethiopia next week. A spokesman for Riek Machar, who is under house arrest in South Africa, confirmed he had accepted Ethiopian Prime Minister Abiy Ahmed's invite to Addis Ababa on 20 June. The statement, which was emailed
Read MoreTwo would-be bank robbers almost had their escape scuppered by traffic in Ethiopia's capital Addis Ababa. The attempted bank heist happened late on Tuesday afternoon at the Bole branch of Abyssinia Bank. Two of the alleged robbers - one of whom is reported to be a security guard - fled
Read MoreThe Financial Intelligence Authority (FIA) has finalized its investigations into money laundering allegations against Justine Bagyenda, the former Bank of Uganda Executive Director in charge of Supervision. FIA Executive Director Sydney Asubo says they (FIA) have already handed over the report findings to police and the Inspector General of Government (IGG)
Read MoreUganda's tax body, the Uganda Revenue Authority (URA) has revealed that taxes on the Holy books have been scrapped. The revelation was made by Vincent Seruma, the authority's Assistant Commissioner Public and Corporate Affairs at the URA Headquarters in Kampala on Wednesday morning. "The taxes on Bibles and Qurans have
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