THE LAST WORD: By  Andrew M. Mwenda Lessons for Uganda from the failure of Crane Bank and what should be done going forward Last week’s central bank takeover of Uganda’s third largest bank, Crane Bank, was another step in our nation’s march to the absolute mastery of our economy by …

Istanbul, Turkey | AFP | Turkish authorities have fired over 10,000 more civil servants, as the government presses a crackdown over the failed July coup, the official gazette said. A total of 10,131 government employees have been removed, mainly from the education, justice and health ministries, according to announcements published …

ATC News by Wolfgang H. Thome The added inflow of travelers into Rwanda, to a large part for conference tourism and MICE events, is now opening up investment opportunities across the country and especially along the tourism zone along Lake Kivu. Two new hotels in Kigali, the Radisson Blu Hotel …

Riyadh, Saudi Arabia | AFP | Saudi authorities said Sunday they had foiled a plot to bomb a football stadium during a World Cup qualifying match and dismantled two “terrorist” cells linked to the Islamic State group. The interior ministry said in a statement that four suspects from each cell …

Former Safaricom CEO Michael Joseph has been named as the chairman of the troubled Kenya Airways, replacing Amb. Dennis Awori who is retiring. Ambassador Awori was only appointed as Chairman of the KQ Board of Directors in Nov 2015, when he took over from long serving Evanson Mwaniki who had …

Kenya Revenue Authority’s recent decision to spare the tax hailing firm Uber from paying Value Added Tax on rides has prompted outrage and anger among the company’s drivers. It has also angered regular cab companies operating in Kenya as they have to pay VAT on their services rendered. KRA has …

Miami, United States | AFP | Polls showed the US election tightening Sunday as Hillary Clinton campaigned in the crucial state of Florida, grappling with the fallout from the FBI director disclosing more of her emails were under review. With the US elections now just nine days away, an ABC …

Following an extensive selection process has the Madhvani Foundation through its scholarships Sub-Committee awarded a 172 University Scholarships worth sh711 million to gifted but financially challenged students for the 2016/2017 academic year. It is the 14th consecutive year the foundation has given out scholarships since the reinstatement of the programme …

Accra, Ghana | AFP |  French Prime Minister Manuel Valls issued an appeal on Sunday to overcome the legacy of slavery, dismissing claims for financial compensation while acknowledging the “horror” of the slave trade. Valls was visiting Franklin House, a former slave hub in the Ghanaian capital Accra, on Sunday …

Luanda, Angola | AFP | Angolan state-owned oil company Sonangol rode the commodities boom that drove the country’s extraordinary growth after civil war ended in 2002, but today it symbolises a national economic crisis. The Luanda-based company has increasingly been in focus since Isabel dos Santos, the billionaire daughter of …