The International Campaign to Abolish Nuclear Weapons has won the Nobel Peace Prize. The Norwegian Nobel Committee honored the Geneva-based group “for its work to draw attention to the catastrophic humanitarian consequences of any use of nuclear weapons and for its ground-breaking efforts to achieve a treaty-based prohibition of such
Read MoreNews
Tony Elumelu Foundation To Host Largest Gathering Of African Entrepreneurs
The Tony Elumelu Foundation (TEF), Africa’s largest philanthropy focused on supporting entrepreneurship, Thursday announced that the 3rd annual TEF Entrepreneurship Forum – the most inclusive gathering of African SMEs – will take place on October 13-14 in Lagos. This is the first year the invitation-only Forum is open to non-TEF
Read MoreIn commemoration of the International Day of the Girl Child, one lucky girl, 10- year old Stacia Nampijja was given control of Uganda’s leading financial institution, Stanbic Bank as acting Chief Executive for the day. On Thursday, Nampijja chaired a meeting of the banks top decision making body EXCO, met
Read MoreKenya will deploy security forces to monitor protests planned by the main opposition alliance, the government’s spokesman said, as he criticized the demonstrations for slowing down business. Bloomberg reports that the opposition National Super Alliance plans to hold demonstrations in the capital, Nairobi, and other cities on Friday. The coalition
Read MoreHilton, one of the biggest hospitality companies in the world has committed a total of US$50 million (about Shs180.4bn) over the next five years towards the Hilton Africa Growth Initiative to support the continued expansion of its Sub-Saharan African portfolio. The company said in a statement n Thursday that these
Read MoreState Minister for Water Ronald Kibuule will not be investigated by Parliament's Rules, Privileges and Discipline Committee for smuggling a gun into the chambers of parliament last week. Rules committee Chairperson Clement-Ongalo Obote says that although suspended, alongside other legislators, Kibuule's case was never referred to the committee by the
Read MoreA report compiled by the Parliamentary Police Directorate has pinned 38 Members of Parliament for allegedly causing chaos and vandalizing equipment in the Chambers last week. The report signed by Paul Kato, the OC CID parliamentary police was sent to Speaker of Parliament Rebecca Kadaga on September 28. It is
Read MoreDr. Abel Rwendeire, the Deputy Chairperson of National Planning Authority and Chairman of Makerere University Visitation Committee is dead. Rwendeire is said to have died of heart failure on Thursday morning. Rwendeire joined NPA in July 2008 following his four year tenure as a Managing Director (2002- 2006) at the
Read MoreKenya's top telecoms operator Safaricom sacked 52 employees suspected of involvement in fraudulent activities in the year ended March, reports the Daily Nation newspaper. The number is 16 more than the 36 it sent home the previous year. Safaricom, which is Kenya’s most profitable company, said those dismissed were involved
Read MoreUganda’s business conditions continue to improve despite a slight decline in September, a latest report on the economy says. Announcing the Stanbic Bank Purchase Managers Index (PMI) for September at a press briefing in Kampala, Jibran Qureshi, the Standard Bank’s regional economist for East Africa noted: “Even though the headline
Read More