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Excessive govt local borrowing starves private sector of credit 

Excessive govt local borrowing starves private sector of credit 

A report by the European Investment Bank indicates that excessive government domestic borrowing has severely impacted the private sector, with many borrowers left with no sources of credit. The report, titled: Finance in Africa, Unlocking Investment in an Era of Digital Transformation an

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Kenya’s National Assembly Removes Deputy President Gachagua

Kenya’s National Assembly Removes Deputy President Gachagua

Kenya’s National Assembly voted to impeach Deputy President Rigathi Gachagua on Tuesday, October 8, 2024 in a historic political event. The decision was made during a lengthy parliamentary session, with 281 members voting in favor of the impeachment, while 44 opposed it, and one member abstained.

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My boss, please forgive me, DP Gachagua asks President Ruto

My boss, please forgive me, DP Gachagua asks President Ruto

Deputy President Rigathi Gachagua, who is on the verge of being kicked out of office through impeachment, has appealed to his boss, President William Ruto, for forgiveness. Mr Gachagua on Sunday made a passionate appeal to Dr Ruto, saying while he was not aware of any transgressions, he

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Why Kenya president is walking a tight rope on deputy's ouster bid

Why Kenya president is walking a tight rope on deputy's ouster bid

Embattled Kenyan Deputy President (DP) Rigathi Gachagua on Thursday made a last-ditch attempt to block an impeachment vote against him in the National Assembly, with more than 10 petitions filed in different courts challenging the process. Members of Parliament are next Tuesday expected

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Tunisia presidential candidate Zammel sentenced to 12 years in prison

Tunisia presidential candidate Zammel sentenced to 12 years in prison

A Tunisian court sentenced presidential candidate Ayachi Zammel to 12 years in prison on Tuesday, amid growing opposition anger against President Kais Saied, whose critics accuse him of using the judiciary to sideline his opponents. It was the third prison sentence imposed on Zammel in t

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Koowe/ Kisembo and Kisadha/Mwami pairing advance to the Stanbic MatchPlay Challenge Finals

Koowe/ Kisembo and Kisadha/Mwami pairing advance to the Stanbic MatchPlay Challenge Finals

KAMPALA, Uganda – The semi-finals of the 2024 Stanbic MatchPlay Challenge, featuring four pairings, were held at the lakeside par-71 Entebbe Golf club over the weekend in ideal sunny conditions. Lillian Koowe and Joyce Kisembo’s fairytale run continued as they won their match 4/3. The tw

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PRIMEHow Facebook investment club has amassed Shs749m

PRIMEHow Facebook investment club has amassed Shs749m

Traditionally, investment clubs were small, community-based groups that met regularly to discuss opportunities and pool their resources into low-risk ventures. Today, this landscape has evolved. Modern investment clubs are now boldly pooling funds to venture into higher-risk assets and f

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Is the world finally growing weary of Kagame’s excesses?

Is the world finally growing weary of Kagame’s excesses?

Rwanda’s President Paul Kagame has cruised to another incredible 99%-plus victory in the country’s presidential elections. The latest results showed he had amassed 99.18% of the vote. That would be a record, topping the 98.79% he won in 2017.The preci

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10 most beautiful Instagram influencers in Uganda

10 most beautiful Instagram influencers in Uganda

The purpose of this list is to highlight the most beautiful women on Instagram in Uganda, focusing on their physical appearances and stylish looks.They've amassed a commendable following, which has helped them earn money, with some leveraging it to market

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Top 10 richest women in the world in 2024: Where does India’s Savitri Jindal stand?

Top 10 richest women in the world in 2024: Where does India’s Savitri Jindal stand?

World's Top 10 Richest Women in 2024: Here is the list of the top 10 richest women in the world as of April 2024, and among them is Savitri Jindal, India's richest woman.Complete list of World's 10 Richest Women in 2024 Women, in particular,

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