Finance
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291Tired of US dollar! Zimbabwe launches new currency
HARARE – Zimbabwe has launched a new financial ‘currency’ after a shortage of dollars pummelled its economy and sent millions into poverty....
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477Rwanda approves national budget for 2019/2020
KIGALI – The Rwandan Parliament has approved the proposal by the Government to increase public spending for this fiscal year by Rwf141...
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478We have agreed to reduce electricity, interest rates, internet costs for manufacturers, agricultural sector – says Museveni
ENTEBBE – President Yoweri Museveni on Thursday, February 7, chaired the 6th Round of the annual Presidential Investors’ Roundtable (PIRT) meeting at State House, Entebbe. Museveni has also...
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341FAO takes stock of activities in Uganda as new Country Representative is unveiled
KAMPALA – After 40 years of serving the Ugandan community, the Food and Agriculture Organisation (FAO) of the United Nations is taking...
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370ICB former owners want License reinstated
KAMPALA – The former shareholders of the International Credit Bank, led by their former Managing Director, Patrick Katto has called on Bank...
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37176 WTO member countries, regions support talks on new e-commerce regulations
DAVOS – A total of 76 World Trade Organization (WTO) members have agreed to start negotiating a set of open and predictable...
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580Kenya moves to catch ghost pensioners in new payroll headcount
NAIROBI – Kenya is rolling out a headcount of retired civil servants in a census intended to weed out thousands of...
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582Court awards dishwasher $21.5m for being forced to work on Sundays
NEW YORK – Court, this week, awarded $21.5 million (about UGX80 billion) to a former hotel dishwasher after she managed to convince...
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470We are not bailing out India’s Jet Airways, says UAE’s Etihad
ABU DHABI – United Arab Emirates (UAE)’s Etihad Airways and Jet Airways on Wednesday January 16 dismissed reports by Indian media about...
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381White House denies Trump’s daughter Ivanka is being floated to take World Bank presidency
NEW YORK – As the World Bank prepares to start accepting nominations for a new leader early next month, US President Donald...
