Russian President Vladimir Putin. PHOTO | AFP Oil prices broke past $100 and safe havens surged while equities tumbled Thursday after Russian President Vladimir Putin announced a "military operation" in Ukraine, accelerating fears of a major war. Markets have been hammered this week after the Kremlin recognised two breakaway regions
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President Uhuru Kenyatta (left) reconciled with his rival Raila Odinga after the 2017 election Kenya’s President Uhuru Kenyatta has officially endorsed opposition leader Raila Odinga to succeed him in the presidential elections set for 9 August. President Kenyatta urged his supporters to back Mr Odinga's bid saying that he had
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Norway Minister meets with Museveni at State House President Yoweri Museveni has called on the European Union to open up is market to Africa’s food products and improve farmers’ incomes.“If you can help us with the European market; remove the distortion that was introduced by the European Union when they
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About six firms signed financing deals with UDB Six companies have signed financial support deals with Uganda Development Bank (UDB). The firms signed the deals during the Greater Ankole Investment Symposium at Kakyeka Stadium, Mbarara city on Wednesday. Kazire Health Products, and Bishop Stuart University, were among the six lucky
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Mumba Kalifungwa, Absa Bank Uganda MD hands over a certificate to the proprietor of Environment and Social Safeguards Int'l, as Donald Agaba, Program Head of Employment and Skills for Development in Africa (E4D) and Alfred Agaba, MD of ACLAIM Africa look on. 60 decision-makers from 46 Small and Medium-sized Enterprises (SMEs)
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The sensitization meeting attracted key players along the coffee value chain Mukono district officials have rallied players along the Coffee value chain to embrace the National Coffee Act, 2021. The Act gives UCDA powers to regulate all on-farm and off-farm activities in the coffee value chain. The Act repealed the UCDA Act,
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The Criminal Investigations Directorate-CID has arrested a woman suspected to be the ringleader of fraudsters who reportedly defrauded parents more than One Billion Shillings in a school fees scam, URN reports. Charles Twine, the CID spokesperson, identified the suspect as Edith Nasoozi, a teacher and a resident of Nakawuka village-
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Health practitioners under their umbrella body Uganda Medical Association (UMA) have tasked the Speaker of Parliament, Jacob Oulanyah (pictured) to champion legislation to improve the healthcare system in the country upon his recovery. Oulanyah is currently hospitalized in Seattle City in the United States of America where he was rushed
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MPs were Wednesday forced to throw out Minister of Security, Jim Muhwezi after he failed to explain what he based on to award a Russian Firm a contract to install spy chips in motor vehicles and motorbikes as part of the measures to curb insecurity in Uganda. Muhwezi had appeared before Parliament’s Defence and
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If all the banks and other deposit-taking institutions regulated by the Central Bank collapsed today, the Deposit Protection Fund (DPF) would be able to pay 16.7 per cent of the protected deposits. The DPF is a government agency that provides deposit insurance to depositors in banks and deposit-taking microfinance institutions.
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