Stockholm, Sweden | AFP |  Two US-based academics won the Nobel Economics Prize on Monday for groundbreaking research on contract theory that has helped design insurance policies, executive pay and even prison management. Oliver Hart, a British-American economist, and Bengt Holmstrom of Finland “have developed contract theory, a comprehensive framework …

Kigali, Rwanda | AFP |  Rwandan leader Paul Kagame warned Monday of a “showdown” with Paris after French investigators last week said they would reopen a probe into the genocide-triggering assassination of president Juvenal Habyarimana. The shooting down of Habyarimana’s French-crewed plane on April 6, 1994, kickstarted the genocide that …

Abuja, Nigeria | AFP | Nigerian judges will hold emergency talks Tuesday following the “deeply regrettable” detention of several judges by secret police in a corruption probe, the country’s chief justice said Monday. At least seven judges were detained by Nigerian security forces over the weekend in connection with allegedly …

Addis Ababa, Ethiopia | AFP |  Ethiopia said Monday that “foreign enemies” like Egypt were behind an unprecedented wave of protests that has prompted the government to declare a six-month state of emergency. Ethiopia’s government is facing the biggest challenge of its 25 years in power, with anti-government protests spreading, …

Goma, DR Congo | AFP | At least 10 people were killed Sunday night in clashes between the army and suspected Ugandan rebels in east DR Congo, activists said, in an area that has suffered a string of massacres since 2014. “Suspected ADF (Allied Democratic Forces) attacked Beni from the …

VIDEO: Government has intervened to save the 10,000 hectare controversial Zoka forest that is currently being cleared for logging. The recent cabinet meeting resolved that an inquiry be instituted to probe the alleged logging by government officials, and clearance for sugar cane growing. This was revealed by the Second Deputy Premier, …

Seoul, South Korea | AFP | Samsung Electronics has suspended production of its Galaxy Note 7 smartphone, a report said Monday, a month after a recall prompted by battery explosions and a day after two major overseas distributors halted replacements. Samsung, the world’s largest smartphone maker, declined to comment on …

Wrangles escalate as Corporation seeks Shs18 bn for new equipment, renovations, staff recruitment Prolonged internal bickering at the Uganda Printing and Publishing Corporation (UPPC) is threatening the revival of the Entebbe- based government’s secret printer that has for many years operated at very low margins. This follows the recruitment of …

Just weeks after the World Bank froze new lending to Uganda because of the government failure to fully use already borrowed money, the country’s parliament has come under fire over alleged “incompetence”, writes Ronald Musoke and Flavia Nassaka. The Deputy Leader of Government Business, First Deputy Prime Minister Moses Ali is …

President Yoweri Museveni has reassured Ugandans that plans are fully on track for the country to have a national airline. The president said the airline is finally viable, as Ugandans alone are now spending up to $420 million (sh1.4 trillion) annually on travel. “We are now finalizing the modalities,” Museveni told the nation as …