The Democratic Republic of Congo said it will suspend RwandAir flights and summoned Kigali's ambassador after authorities accused Rwanda of supporting the M23 rebel group. Kinshasa this week said Kigali was backing the March 23 Movement, which Rwanda denies, amid renewed clashes between the Congolese army and the militia in
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Professor Ezra Suruma conferring a PhD on a student during the 72nd graduation ceremony During Makerere University’s week-long 72nd graduation ceremony, over 100 docrate degrees were conferred upon students from several disciplines. However, there are raising concerns about what these Doctoral graduates bring to the table at the end of
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Tullow Oil says it will continue operations in Africa despite plans by other operators to shift from the continent. The Anglo-Irish Oil and gas operator has over 30 licenses across eight countries in Africa and South America. It was once the lead investor in Uganda’s operation before it sold its
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President Akinwumi Adesina An African Development Bank report released Thursday shows that the institution was pivotal in 2021, delivering timely investments that are helping millions of Africans overcome the unprecedented challenges caused by the Covid-19 pandemic. Published annually for the past 12 years, the Annual Development Effectiveness Review
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State Minister for Microfinance Haruna Kyeyune Kasolo addressing a Meeting of Local Council leaders, He is mooting for Establishment of a Cooperatives Bank The State Minister in Charge of Microfinance, Haruna Kyeyune Kasolo is mooting for the establishment of a cooperative bank to save small enterprises the burden of
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Dangote, the pre-eminent African brand founded in 1981 by Nigerian Aliko Dangote (pictured), emerged as the #1 brand that symbolises African pride Brand Africa unveiled the 12th annual Brand Africa 100: Africa’s Best Brands 2022 rankings of the Top 100 most admired brands in Africa at a live event hosted by
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Tumubweine Twinemanzi, the Executive Director-Supervision at BoU The collapse of Afriland First Bank Uganda Limited will have little impact on Uganda’s banking sector and the economy at large, Bank of Uganda (BoU) has said. Asked about the impact of Afriland First Bank exit on the banking sector and the economy at
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Parliament has rejected a proposal by Ministry of Energy and Mineral Development to spend Shs45.7bn in the buyout of South African based company, ESKOM. This was during the consideration of the 2022/2023 national budget. While tabling the report by the Budget Committee on the Appropriation Bill 2022, Patrick Isiagi the Chairperson Parliament’s
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Pan-African payments company awarded for its role in driving financial inclusion at the Annual Excellence in Fintech awards in Washington DC Cellulant, Africa’s leading payments company, won the Award for Excellence in Embedded Fintech at the 7th edition of the Africa Fintech Summit in Washington, D.C., alongside the Spring Meetings
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Julius Kakeeto (2nd Right), MD PostBank handing over the contribution to Rt.Rev Sheldon (2nd Left) and Hon. Robert Rukari PostBank, a financial institution that is committed to empowering lives and livelihoods, has, today, contributed UGX. 15 million to facilitate the Anglican Church’s preparations for this year’s Martyrs Day celebrations. The contribution comes days after PostBank sponsored and
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