South Sudan President Salva Kiir has moved to calm tension in the country following his decision on Tuesday to fire army chief Paul Malong. In a letter shared by a local media he said the security situation in the country was normal, and urged citizens to carry on with their
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Ugandan President Yoweri Kaguta Museveni and the United Nations Secretary-General Antonio Guterres are stoking their efforts to give a face to the refugee crisis in Uganda and raise over US$2billion needed in emergency funds to handle the humanitarian crisis caused by the South Sudan conflict which is yet to end.
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Consumers of alcohol and cigarettes are set to spend more come July1, 2017 when the 2017/18 budget takes effect after Parliament Okayed government proposals to increase taxes on the said items. According to the Excise Duty Amendment Bill 2017 that was tabled by the Ministry of Finance, Planning and Economic
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On Tuesday, Sydah Bbumba, who was the Minister of Energy and Minerals from 2002 to 2006 admitted that she signed Production Sharing Agreements without thoroughly reading through the documents of the deal that cost Uganda US$157M (over Shs570bn) Bbumba who had appeared before the Parliamentary Committee of Commissions, State Enterprise
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Fresh details have emerged surrounding the controversial collapse and eventual sale of Crane Bank to dfcu bank, Business Focus reveals. For the first time, the Bank of Uganda (BoU) and Ministry of Finance have spoken out on the reported Shs200bn government apparently injected in Crane Bank in order to save
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National Water and Sewerage Corporation (NWSC) assets have hit Shs1.2trillion, Business Focus reveals. This was revealed by Eng. Silver Mugisha, the Executive Director at NWSC while meeting employees of Kampala Water at the Information Research Centre (IREC) in Bugoloobi over the weekend. He noted that the Corporation’s assets have increased
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Hima Cement has launched this year’s Builders’ Academy Program aimed at widening the skill set of masons, foremen and contractors. Through a series of workshops dubbed the ‘Hima Cement Builders Academy’, masons are trained on issues such as concrete mixing ratios, site management, contracts costing and site safety. This year
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The collapse of Crane Bank and its eventual controversial sale to dfcu bank is far from over as many questions remains unanswered. The latest is that Parliament wants the Executive to explain circumstances surrounding the capitalisation and sale of Crane Bank, owing to the fact that prior to its sale,
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President Paul Kagame of Rwanda, his AU reform advisory team and close to 40 African Ministers of Foreign Affairs met on Monday in Kigali, Rwanda, to discuss the implementation of the African Union (AU) reforms adopted in January 2017. In July 2016, at the 27th African Union Summit, member States
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Siemens will work more closely with the African countries Uganda and Sudan in the areas of power supply, industry, transportation and healthcare. The African states signed the corresponding Memoranda of Understanding (MoU) at the World Economic Forum 2017 in the South African city of Durban. The documents were signed in
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