Kiev’s European backers are seeking guarantees that their financial aid would not be embezzledThe EU is seeking concrete commitments from Ukraine in the wake of the bombshell corruption scandal implicating Vladimir Zelensky’s close associate, Politico Europe reported on Frid
Russia's economic crisis is intensifying with thousands of companies reportedly facing bankruptcy. Businesses have been hit by a double whammy of sanctions and high interest rates, since the outbreak of the full-scale war in February 2022.The key interest rate rose to a staggeri
President William Ruto welcomed ten African Presidents to Kenya for the fifth mid-year Coordination Meeting of the African Union, Regional Communities and Regional Mechanisms.The Head of State sent members of his Cabinet to receive the African Dignitaries at the Jomo Kenyatta I
Uganda has joined Bangladesh, Somalia, Cameroon, Afghanistan, Sudan and other countries in the United Arab Emirates’ 2025 visa ban. The UAE has temporarily suspended the issuance of visit and work visas for citizens of nine countries due to security, immigration, and diplomati
Botswana has unveiled its first-ever Citizenship by Investment program, offering foreign investors the opportunity to acquire citizenship for $75,000 (approximately Shs288 million). The initiative, known as the Impact Investment Program is expected to officially begin in early 2
Beirut, Lebanon — Somalia's Minister of Finance, Biixi Imaan Cige, on Wednesday attended the Arab Countries' Meeting on Public Finance and Budgets, held at the United Nations headquarters in Beirut, Lebanon's capital.The high-level gathering focused on financing social sectors
One hundred forty-one graduates trained in mechanical, electrical, production, instrumentation, leadership, and health, safety and environment (HSE) have graduated from the EACOP Academy at Uganda Petroleum Institute Kigumba (UPIK).The training, a result of a partnership between
The decision to flag up the licensing rounds is in line with President Bola Tinubu’s plan to grow Nigeria to a $1 trillion economy.A graphic illustration of barrels of crude oilThe Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced its intention to
South Sudan’s President Salva Kiir has dismissed the undersecretary at the Ministry of Petroleum just a week after appointing him, in the latest shake-up in the country’s sensitive oil sector.The undersecretary is the highest-ranking official managing the ministry since Petr
It is a sombre moment for family, friends, and colleagues following the untimely passing of Eng. Charles Ruhweza, a seasoned electrical engineer who once worked with Ntinda Industrial area based Britania Allied Industries Ltd, popularly known for its Splash juice brand.According
