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The independent

Eight banks cleared by IRA to sell insurance policies

Kampala, Uganda | JULIUS BUSINGE | The Insurance Regulatory Authority (IRA) has so far issued eight certificates to banks to offer bancassurance (selling insurance policies) to their clients as one way of boosting the sector’s growth. Speaking at a press conference in Kampala on Feb.08, IRA officials including the Chief Executive …

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FIFA chief sets VAR ruling for next month

Hanoi, Vietnam | AFP | FIFA President Gianni Infantino on Thursday said football’s governing body will decide next month whether to officially endorse the video assistant referee, a move that could see the controversial technology used at the World Cup. VAR, so far trialled in nearly 1,000 matches, reviews key …

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Chad suspends 10 parties for ‘disturbing public order’

N’Djamena, Chad | AFP | The government of Chad on Wednesday suspended 10 opposition parties for “disturbing public order” and “inciting violence” after they backed trade union calls for a mass protest over austerity measures. The parties’ activities “have been suspended for a duration of two months,” Security Minister Ahmat …

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S. Korea dog meat restaurants refuse to stop serving for Olympics

Seoul, South Korea | AFP | Almost all the dog meat restaurants in South Korea’s Pyeongchang county, where the Winter Olympics opening ceremony will be held on Friday, have defied a government request to stop serving the food, an official admitted Thursday. South Koreans are believed to consume about one million …

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UN hopes for Libya elections ‘by end of 2018’

Tripoli, Libya | AFP | UN envoy Ghassan Salame said Wednesday he hoped for elections in Libya by the end of 2018 but that conditions in the strife-torn country were not yet ready for polling. “There are several conditions. For the time being, we have only achieved one: the start of …

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GLOBAL COMMENT: Africa’s arrival

The latest African Development Bank (AfDB) Economic Outlook for 2018 predicts 4.1% average growth COMMENT | KAUSHIK BASU | The African Development Bank (AfDB) has just published its African Economic Outlook for 2018. This year’s revamped publication – shorter than usual, analytically well-structured, and written in lucid prose, without hyperbole – …

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African Union head calls China spying report ‘lies’

Beijing, China | AFP | The African Union’s chairman dismissed during a visit to Beijing on Thursday a French newspaper report alleging that China had spied on the continental body as “lies” intended to derail cooperation. The report published by Le Monde in January claimed technicians at the AU’s Chinese-built …

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COMMENT: UEGCL’s strategic plan

Launched in December 2017, the 5-year plan is to ensure reliable, affordable electricity COMMENT | SIMON P. KASYATE | The renowned English strategic thinker and consultant, Dr. Max McKeown, in one of his best seller books on strategic planning titled `The Strategy Book’, opines that: “With a clever strategy, each action …

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Pope praises Korean Olympic rapprochement

Vatican City, Holy See | AFP | Pope Francis on Wednesday praised as a gesture for a “better world” plans for a joint parade Friday by delegations from South and North Korea to open the Winter Olympics. “The traditional Olympic truce this year takes on special importance,” the pontiff said …

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