Tanzania eases FX rules to allow all foreigners to buy government debt
Tanzania has relaxed its foreign exchange rules to allow all overseas investors to buy government-issued Treasury bills and bonds, the central bank said.The bank said in...
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€207 Million Loan for Jinja-Kamuli Road Reignites Debt Sustainability Concerns
Finance Minister Henry Musasizi has tabled a proposal before Parliament seeking approval for government to borrow up to €207.77 million from Citibank to finance the...
EACOP hits 91% completion as pipeline welding nears finish
The East African Crude Oil Pipeline (EACOP) project has reached 91 per cent overall completion, slightly below the planned 94 per cent, with officials confirming that wel...
MTN, AfroMobile Launch Digital Entertainment Platform to Promote Local Content
MTN Uganda Chief Executive Sylvia Mulinge said the platform was created to meet changing consumer needs in the digital era | James MutatinaMTN Uganda and Afro Mobile have...
LIST: Rwanda pulls 11 Ugandan alcoholic brands from its market
Rwanda has halted imports of 11 Ugandan alcoholic beverages and ordered their recall as part of a public health crackdown on 52 alcoholic products from six countries.Rwan...
Rising Food Prices Squeeze Traders and Shoppers at Ibanda Central Market
Rising Food Prices Squeeze Traders and Shoppers at Ibanda Central MarketTraders at Ibanda Central Market in Ibanda Municipality have expressed concern over the continued...
Minister Bahati Tasks Banks on Affordable Credit as Manufacturers Cry Foul
Minister Bahati Tasks Banks on Affordable Credit as Manufacturers Cry FoulMinister David Bahati speaks durign the symposiumThe Minister of State for Trade, Industry and C...
AFRICA’S DIGITAL GOLD RUSH! EAAIF Pumps $82.8M Into DRC Telecom Towers & Fibre Network Expansion
The Emerging Africa & Asia Infrastructure Fund (EAAIF), a Private Infrastructure Development Group (PIDG) company managed by Ninety One, announced a major digital infrast...
UNBS Clears Cement Factories, Blames Underweight Bags on Illegal Repackaging by Dealers
The Uganda National Bureau of Standards (UNBS) has dismissed claims that cement manufacturers in Uganda are producing underweight bags, saying investigations have instead...
Iran offers transit fee exemptions to Chinese and Russian vessels in Hormuz, accepts Bitcoin and USDT for tolls
Iran offers transit fee exemptions to Chinese and Russian vessels in Hormuz, accepts Bitcoin and USDT for tollsIran's new strait of Hormuz toll system carves out preferen...