Business •
09 Oct '24
Kenyan President William Ruto is facing growing pressure to publicly explain the reasons behind his fallout with his deputy, Rigathi Gachagua. Allegations against Gachagua, which led to an attempt by parliamentarians to remove him from office, are reportedly not new in Kenya’s political landscape.
Business •
09 Oct '24
High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In details contained in the September State of the Economy Report, Bank of Uganda noted that developments in the [balance of pa
Business •
09 Oct '24
This time last year Allan Okello was not that certain about his career, but had - at least - been given a lifeline by Vipers SC when they signed him on transfer deadline day despite carrying a troublesome knee. Okello’s knee issue had first been discovered when he was summoned to the U
Business •
08 Oct '24
Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space. Below are some of the airlines that have adjusted services to and from the region: AEGEAN AIRLINES AGNr.AT The Greek airline can
Business •
08 Oct '24
Government has tasked Enterprise Uganda to drive mindset change among Parish Development Model (PDM) beneficiaries to maximise benefits in the programme that has been ongoing for about three years. Speaking on the sidelines of a week-long training for PDM beneficiaries in the Teso sub-re
Business •
08 Oct '24
Close to half of agricultural loan applications are rejected, data in the Bank of Uganda 2024 Annual Report shows. The report, which reviews different funds managed by the Central Bank, including the Petroleum Fund and the Small Business Recovery Fund, among others, indicates that in the
Business •
08 Oct '24
The leaders of the Forum for Democratic Change (FDC) Katonga faction yesterday initiated the registration process for their new party, the People's Front for Freedom (PFF). The acting president, Mr Erias Lukwago, flagged off the collection of signatures from voters across the country.
Business •
08 Oct '24
A gruesome hours-long gang attack in Haiti a couple of days ago left dozens dead, torching homes and cars, while forcing thousands more to run for their lives, in the latest blow to a country that has suffered extreme violence for years. The early morning attack on Thursday in the centra
Business •
07 Oct '24
Israel bombed targets in Lebanon and the Gaza Strip on Sunday ahead of the one-year anniversary of the Oct. 7 attacks that sparked its war, as Israel's defence minister declared all options were open for retaliation against arch-enemy Iran. Hezbollah rockets launched late on Sunday got p
Business •
07 Oct '24
The National Council for Higher Education (NCHE) has said it will not recognise the academic credentials of at least 2,025 students who have been studying at the Iganga-based Busoga University. The university’s licence was revoked by the NCHE seven years ago for allegedly lacking quali