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In The Magazine

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KAGAME: Focus on development

President Kagame pushes for delivery on development targets at leadership retreat Kampala, Uganda | THE INDEPENDENT | Rwandan President Paul Kagame’s key message at the opening of the country’s 15th National Leadership retreat (Umwiherero) at Gabiro in Gatsibo district was a call to leaders to deliver on the country’s development vision. …

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Kenya raises US$2bn in new Eurobond

Kampala, Uganda | THE INDEPENDENT |  On Feb 22, Kenya’s Treasury said it raised US$ 2 billion in a new sovereign bond issue listed at the London Stock Exchange (LSE). The Treasury said the Bond attracted a significant level of interest leading to over subscription. “This issue was seven times …

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TradeMark East Africa’s 5-year plan

TMEA hopes to raise $100m within the next five years to pay for the projects Kampala, Uganda | AGENCIES | Construction of a new logistic hub in Gulu, northern Uganda, completion of a One Stop Border Post along the Uganda-Democratic Republic of Congo (DRC) frontier, improvements at Entebbe International Airport and …

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Kenya plans to repeal rate cap law

Kampala, Uganda | THE INDEPENDENT | Kenya’s Treasury Secretary, Henry Rotich, has indicated plans to repeal the rate cap law as part of the contentious reforms demanded by the International Monetary Fund to extend a frozen Kshs 153bn emergency standby facility that expires this month. The facility, which is designed …

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