Uganda's former Security Minister, Lt Gen (rtd), Henry Tumukunde is the latest addition to those aspiring to be the number one citizen of the country. Tumukunde has since notified the Electoral Commission of his intentions to consult Ugandans about his presidential ambitions. This development confirms rumors about the former spy
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South Africa’s battered economy has entered its second recession in two years. It shrank by 1.4% in the fourth quarter of 2019. This follows a further 0.8% contraction in the third quarter of last year. The country continues to battle persistent power cuts which have hampered manufacturing, agriculture and mining.
Read MoreCoronavirus: UN Blocks Women Delegations From Traveling To US For Conference
The United Nations Women has barred delegates from member countries including Uganda from traveling to New York to attend the U.N. Commission on the Status of Women due to the outbreak of corona Virus across the globe. The cancellation was communicated by Speaker Rebecca Kadaga during today’s plenary sitting. Kadaga
Read MoreGovernment’s move to stand as guarantor of privately owned Tondeka buses could hit a snag after a section of MPs on the Trade, Tourism and Industry Committee rejected it. The lawmakers say the Company should meet the cost without having to put taxpayers at the risk of paying off the
Read MoreKenya Hunts Fugitive Nakumatt Bosses Over Billions Siphoned To Dubai
Directors of the collapsed Nakumatt Supermarkets that sank with billions of shillings in suppliers’ money are on the run, with Interpol in pursuit, after it emerged that the retailer siphoned out the cash. Kenya’s Interior Cabinet Secretary Fred Matiang’i last week said that authorities have information that the firm wired
Read MoreAs part of the celebration to mark International Women's Day on March 8, 2020, women across Africa convened in Kampala to discuss the participation of women in infrastructural projects aimed at empowered African women to take a lead role in the capital projects. During the high-level women conference themed "Africa
Read MoreNew Research Finds Pay On Demand Solutions Are Driving Financial Inclusion In Uganda
Mastercard today released a white paper revealing that giving people the ability to pay only for what they use, as they need it, can lift millions of people across Africa out of poverty and make prosperity possible. The paper, titled Pay on Demand: The Digital Path to Financial Inclusion, explores
Read MoreThe defunct Ankole Kingdom Palace is set for a major facelift after Ministry of Tourism, Wildlife and Antiquities revealed that it is seeking for Shs3bn to carry out repairs on it with the aim of attracting tourists. In January 2020, Godfrey Kiwanda, State Minister for Tourism revealed the government plan
Read MoreThe World Bank and the International Monetary Fund (IMF) have teamed up to fight the deadly COVID-19 virus commonly referred to as coronavirus. The IMF Managing Director, Kristalina Georgieva and World Bank Group President, David Malpass issued the following joint statement. “The IMF and the World Bank Group stand ready
Read MorePeace Mutuzo, the State Minister for Gender, Labour and Social development has said women have utilized well the available funds under Uganda Women Entrepreneurship program (UWEP), noting that the funds are not enough to meet the increasing demand. The Minister made the remarks yesterday in an interview with Business Focus
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