Uganda’s President Yoweri Kaguta Museveni has said that multi-lateral agencies such as the World Bank and the International Monetary Fund don’t work to advance developing countries, revealing that they are agents of colonialists. Museveni made the remarks on Friday during the 25th Joseph Mubiru Memorial Lecture held at Serena Hotel,
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A US court has rejected bail for former Hong Kong home affairs secretary Patrick Ho Chi-ping, saying there was a high risk he would attempt to flee the country and prosecution lawyers had “strong evidence” he had colluded with African officials. The prosecution said Ho faced more than a decade
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Zimbabwean President Emmerson Mnangagwa has made changes to his cabinet a day after announcing his executive team, Chief Secretary to Cabinet Mischeck Sibanda said. “Adjustments have been made to ensure compliance with the constitution and considerations of gender, demography and special needs,” Sibanda, said Saturday in a statement to reporters
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Celebrated 'elite farmer,' Bettina Tumuhaise aka Praising has come out to explain rumors surrounding her 'Open Letter' to Kyadondo East lawmaker, Robert Kyagulanyi aka Bobi Wine. Following her letter to the legislator seeking his support for Mapeera Bakateyamba's Home, Blogs have been awash with reports that she is a desperate
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Kenya Airways has made good its threat to fire 140 engineers and technicians who had been on a go-slow, threatening to ground the national carrier’s operations, reports The Standard. The airline on Wednesday evening issued dismissal letters to the employees. It said they had ignored three warning letters to explain
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Barclays will sell a 7 percent stake in Johannesburg-based Barclays Africa Group on December 5, the British bank said on Friday, the latest and likely last in a series of such sales as it ends more than 90 years as a major presence on the continent. Barclays said after the
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Liquid Telecom Uganda, part of the leading pan-African telecoms group Liquid Telecom, has announced a partnership with The Innovation Village, a hub and co-working space in Kampala, to support Ugandan start-ups with high-speed internet and cloud-based services. Liquid Telecom Uganda, formerly known as Infocom, will work alongside The Innovation
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Uganda's young emerging entrepreneur, Maxima Nsimenta could soon make it to Forbes list of young enterprising Africans if her recent success is something to go by. The Livara Cosmetics boss on Thursday received the Award for Uganda Women Entrepreneurs Association Limited (UWEAL) Rising Star award in recognition for her efforts in
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The Uganda Shilling was relatively stable bolstered by end month conversions amid low market demand the week ending 1st December 2017. Trading was in the range of 3620/3630. In the interbank, liquidity remained high with overnight rate dropping to 7.5% while one week traded at 9.5%. In other economic news, Inflation continued
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Uganda’s President Yoweri Museveni, 73, has revealed the secret behind his fitness and good health despite his advancing age. “I have managed to make it to 73 years of age because I do not drink alcohol. I have been here for the last 30 years and all this time you
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