Kenya’s payment to Uganda for electricity imports more than tripled to KSh3.5 billion (UShs122.9bn) in the first eight months of the year, driven by a higher tariff and increased purchases from Kampala, reports the Daily Nation. Nairobi is now feeling the pain of a higher tariffs pact the two countries
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Zimbabwean President Robert Mugabe, 93, has a long history of making colourful or controversial remarks during a reign that has spanned nearly four decades. Among them: On staying in office "Some are saying 'Mr Mugabe is old, so he should step down'... No! When my time comes, I will tell
Read MorePresident Yoweri Museveni is unhappy with the striking doctors, noting that they betrayed him-for he had told them his plan to resolve their issues. Museveni made while addressed a rally at Karambi Sub-county Grounds in Burahya Constituency, Kabarole District on Thursday. “I thank the medical officers in Kabarole for not
Read MoreKenya’s protracted election dispute has spawned secession calls from opposition supporters who say their vote has no influence on how East Africa’s biggest economy is governed, reports Bloomberg. The increased agitation follows the declaration of President Uhuru Kenyatta as the winner of October’s election rerun that the main opposition alliance
Read MoreThe president of Angola, Joao Lourenco, has fired the daughter of his predecessor as head of the country's state oil company Sonangol. Isabel Dos Santos, the billionaire daughter of former President José Eduardo dos Santos, is Africa's richest woman. Mr Dos Santos was Africa's second longest-serving leader until he stepped
Read MoreThe 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
Read MoreStriking 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
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