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South Sudan signs Nile Treaty

South Sudan signs Nile Treaty

Aerial of Juba, the capital of South Sudan, with the river Nile running in the middle. Juba downtown is upper middle close to the river, and the airport can be seen upper left. The picture is from the south to the north.What it means

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Turkish Company Launches Key Railway Construction in Uganda

Turkish Company Launches Key Railway Construction in Uganda

Currently, freight transit from the Port of Mombasa through Uganda to Rwanda, Burundi, and the Democratic Republic of Congo is about 650,000 metric tonnes per year. This volume is expected to increase significantly with the new railway, potentially growing by ov

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Equity Group registers strong recovery

Equity Group registers strong recovery

Equity Group Chief Finance Officer Moses Nyabanda, Managing Director and CEO, Dr. James Mwangi and Chief Internal Auditor Beth Kithinji during the Q1 2024 Investor Briefing eve

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Corruption in Parliament: When silence makes noise

Corruption in Parliament: When silence makes noise

Parliament, the institution which Speaker Anita Among presides has come under unfavourable light due to alleged corruptionAllegations of high level corruption and plunder by the leadership of Uganda’s Parliament that has emerged following the online #UgandaParliamentExhibition continues

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BoU closes EFC Uganda Limited

BoU closes EFC Uganda Limited

Bank of Uganda (BoU) has placed EFC Uganda Limited, a microfinance deposit-taking institution, under liquidation, revoked its license, and ordered for the winding up of its affairs in the country.According to Michael Atingi-Ego, the deputy Bank of Uganda governor, the decision to close EFC

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