The African Innovation Foundation (AIF) (on Thursday announced the top 10 nominees who will be contending for the 2017 Innovation Prize for Africa (IPA), to be awarded in Accra, Ghana on 18th July 2017. Innovators from nine African countries including Uganda, Kenya, Democratic Republic of Congo, Egypt, Liberia, Morocco, Nigeria,
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Dubai-based flydubai on Thursday announced the start of flights to Kilimanjaro from 29 October. The re-launched service to the carrier’s third point in Tanzania, along with Dar es Salaam and Zanzibar, will see flydubai’s network in Africa expand to 12 destinations. flydubai began operations to Tanzania in 2014 and has
Read MoreThe Bank of Uganda (BoU) has said that genuine liberalization of the pensions sector will play a big role in the growth of Uganda's capital markets and the economy at large. This was revealed by Dr. Louis Kasekende, the Deputy Governor, BoU at the of launch of the 10-Year Capital
Read MorePresident Yoweri Museveni is investigating reasons why Uganda Revenue Authority (URA) took more than three years sitting on the whistle blower information showing tax evasion at Kampala Nissan which is also called East African Motors Ltd, Business Focus reveals. State House economic desk sources show that through one of his
Read MoreThe US Federal Reserve has said it would raise its key interest rate by 0.25%, the second rise this year. The central bank voted to raise its key rate target to a range of 1% to 1.25%. That's the highest level since 2008, when policymakers cut rates to encourage borrowing
Read MoreFinance Ministry Boss Asks Shs225bn Bribe From Hospital Investor
Latest information indicates that there's panic at Ministry of Finance, Planning and Economic Development since President Yoweri Museveni has just got info that a top official in that ministry tried to extort money from Italian investor Enrica Panetta behind the Shs900bn (or USD250M) hospital in Lubowa near Quality Supermarket. Reliable
Read MoreUgandans who have been using emergency pregnancy control pills have a reason to worry after it has been discovered that some of them are fake and may not serve the intended purpose. National Drug Authority (NDA) has confirmed that the counterfeit Postinor2® is already circulating on the Ugandan market. Postinor2®
Read MoreTanzanian President John Magufuli has directed the confiscation of all undeveloped farms in the country and ordered that they be reallocated to other citizens. The President made the directive during a meeting with Regional Commissioners (RCs), at State House in Dar es Salaam on Tuesday. President Magufuli said it isn’t
Read MoreKenya Airways has moved a step closer to operating direct flights to the United States after the Department of Transportation (DOT) granted it the first set of licenses. The national carrier has received “exemption authority” from the DOT, allowing it to commence flights to the US provided it secures clearance
Read MoreBy Katusiime Kellen Airtel Uganda has joined hands with Uganda Blood Transfusion Services (UBTS) to mobilize the public to donate blood in a 4-day campaign. Airtel and UBTS have set up six centres within Kampala and its suburbs to enhance their ‘Be Red Campaign’ which targets to raise over 4,000
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