Kasaija arriving for the budget reading/Daily Monitor photo The Minister of Finance, Planning and Economic Development, Matia Kasaija has said that Uganda's GDP is expected to grow to sh138 trillion in financial year 2019/20. He reports that the economy grew by 3.1% in the 2019/20 financial year, which was slower
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A South Sudanese businessman and former intelligence officer says he has launched a new rebel group and intends to overthrow what he calls the corrupt leadership of the country. The government has not yet commented. Kerbino Wol has called it the Seventh of October Movement - a reference to the
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Business Cheers Ramaphosa’s Plan To Reopen South African Economy South African business leaders lauded the government’s plan to substantially ease a nationwide lockdown that’s crippled the economy, even as the number of the coronavirus cases grows exponentially. An additional 8 million people will be allowed to return to work when
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Lorry drivers are tested for coronavirus at the border A top Tanzanian official has accused Kenya of economic sabotage and questioned the reliability of Kenyan coronavirus test kits in an ongoing row over testing for the virus at the border. A statement from Arusha’s Regional Commissioner Mrisho Mashaka Gambo says
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The East African Court of Justice (EACJ) has agreed to hear a case filed by a Ugandan lawyer on presidential age limit, The East African newspaper reports. Ugandan lawyer Mr Male Mabirizi Kiwanuka is accusing Uganda of violating the East Africa Community (EAC) treaty on the principles of good governance
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South African billionaire Patrice Motsepe apologized for telling U.S. President Donald Trump (pictured) that Africa loves him, but warned the growing perception that the continent is anti-America may hamper investment. Motsepe’s remarks to Trump at a business dinner during the World Economic Forum in Davos last week sparked a debate
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Uganda's ruling National Resistance Movement (NRM) party's to decision making organ, the Central Executive Committee (CEC) has agreed to a proposal to line-up behind candidates during party polls. The proposal was agreed to by the CEC during a meeting at State House Entebbe on Thursday. It came a day before
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The Ministry for Presidency is seeking for Shs7bn to organise the swearing in ceremony for the President elect after the2021 general elections. If all goes well, the Ministry says the swearing in ceremony of the President elect will take place in May 2021. The revelation was made by Esther Mbayo
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There’s a risk of proxy wars in the east of the Democratic Republic of Congo, the International Crisis Group (ICG) has warned. Burundi, Rwanda and Uganda are suspected of supporting different insurgent groups. Intensifying hostility among neighbouring countries threatens a return to the kind of regional war that previously tore
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The Secretary to the Treasury, Keith Muhakanizi has blamed the perennial budget deficits facing the country on failure by top government officials from taking up his advice on management of the economy. Muhakanizi made the revelation on Thursday while appearing before the Parliament’s Finance Committee where he had been summoned
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