Business •
05 Jun '25
The M23/AFC rebel coalition has recalled its delegation from peace talks in Doha, Qatar, after more than a month of closed-door negotiations with the Congolese government—signalling the apparent collapse of a ceasefire deal brokered with international support.The rebel withdrawal, led by
Business •
05 Jun '25
Marcelin Cishambo, the former governor of South Kivu province, has arrived in the North Kivu capital of Goma, the M23 group have said.Cishambo was accompanied by a delegation of political figures, businessmen, opposition members, and members of the Congolese diaspora, according to Lawrence
Business •
29 May '25
Sidi Ould Tah of Mauritania has been elected as the ninth President of the African Development Bank Group (AfDB), succeeding Nigeria’s Akinwumi Adesina, whose decade-long tenure ends this September.The announcement was made following a high-stakes vote by the AfDB’s Board of Governors
Business •
14 May '25
The Bank of Uganda (BoU) has maintained the Central Bank Rate (CBR) at 9.75% signalling a cautious “wait and see” approach in response to growing global economic uncertainty most notably the unresolved US-China trade tensions.The decision comes despite Uganda’s relatively strong econ
Business •
06 May '25
BBC | Russia says Ukraine has launched an overnight drone attack targeting Moscow for the second night in a row.All four of the capital's major airports were closed for several hours to ensure safety but later reopened, Russia's aviation watchdog Rosaviatsia said on Telegr
Business •
30 Apr '25
On Monday, February 10, 2025, President Kaguta Museveni named Michael Atingi-Ego, a former deputy governor of the Bank of Uganda (BoU),
Business •
29 Apr '25
It was an historic royal wedding, watched by an estimated one billion people around the world. On April 29, 2011,
Business •
26 Apr '25
Parents, old students, and local leaders in Nakitoma Sub-county, Nakasongola District, have expressed disappointment over government's decision to drop long-serving teachers at Nakitoma Senior Secondary School following its recent takeover as a Seed School.Founded in 1994 by the local comm
Business •
04 Apr '25
Speaking at the Diaspora Exchange Forum hosted by Equity Bank, under the theme “Re-Routing Back Home: Funds Transfer for Powering Personal and Continental Growth,” Prof. Nuwagaba explained that the high cost of borrowing to develop electricity infrastructure makes lower electrici
Business •
30 Mar '25
President Museveni named Michael Atingi-Ego as Bank of Uganda Governor yesterday. "We trust his leadership will strengthen our financial systems," Museveni said during the announcement.Michael Atingi-Ego grew up h