Nairobi, Kenya | AFP | It was a handshake that drew a line under Kenya’s bruising election, left many people bewildered and swung open the starting gate for the 2022 presidential race. After months of insults during a deadly and divisive election, the two heirs of Kenya’s most powerful political …
Read More »Mexican president orders review of cooperation with US
Mexico City, Mexico | AFP | Mexican President Enrique Pena Nieto has ordered his government to carry out a sweeping review of its cooperation with the neighboring United States, his office said Monday, as tensions rise with the Donald Trump administration. The move comes days after Trump ordered thousands of …
Read More »Uganda’s banks brace for tough year again?
Stanbic records sharp drop in profits as DFCU’s NPL nearly doubles Kampala, Uganda | ISAAC KHISA | Uganda’s banking industry appears to be heading towards tougher times again, according to the industry executives.This is owed slow private sector credit growth, volatile trading security market and the declining interest rates amidst …
Read More »Umeme’s profit drop threefold to Shs 35bn
Company managers say recent concession talk not threat to its future Kampala,Uganda | JULIUS BUSINGE | Uganda’s power distributor, Umeme Limited, has recorded a surprise performance in the year ended December 2017, with the net profit dropping threefold to Shs 35bn compared with the previous year. The less than expected …
Read More »DFCU profits expose BoU ‘sweetheart deals’
DFCU DEAL: Taxpayer stands to lose Shs300bn Kampala, Uganda | HAGGAI MATSIKO | When Juma Kisaame; the Managing Director of DFCU Bank, looks at its latest financial results, he might have reason to smile and to worry. The bank’s latest financial results have excited shareholders but are also …
Read More »Who can stop Uganda’s Cheptegei?
Sunday Results – 100m 4th in Heat 2 – Scovia Ayikoru 11.86 5th in heat 1 – Pius Adome 10.70 Netball England ??????? 55 Uganda ?? 49 (Proscovia 23 goals, Nanyonga 22) Schedule ▶ 9.40am – ?? GC2018athletics 5000m final ▶ 10.26am – ?? GC2018athletics 100m semifinal Gold Coast, Australia | THE INDEPENDENT & AFP | Uganda’s …
Read More »THIS WEEK: Petitioner wants judge off age limit case
Male wants Justice Elizabeth off age limit case over having children with minister, AG Kampala, Uganda | THE INDEPENDENT | In a Mar. 28 letter, Male Mabirizi Kiwanuka, one of the petitioners in the age limit cases wrote to the lady justice Elizabeth Musoke of the Constitutional Court requesting that she …
Read More »Why are South Africa and Nigeria cautious about Africa’s free trade deal?
Liesl Louw-Vaudran | ISS AFRICA | The impressive turnout at the African Union’s Extraordinary Summit on the African Continental Free Trade Area (AfCFTA) on 21 March showed the continent’s united fervour to boost its economic opportunities. Delegations from 50 countries, including 27 heads of state, attended the summit in …
Read More »Kayihura leaves behind a grim legacy
Leighann Spencer | AFRICAN ARGUMENTS | Last month, Uganda experienced a senior changing of the guard as Kale Kayihura was officially replaced as Inspector General of Police. The prominent figure had been head of the Uganda Police Force for over 12 years, and his contract had been renewed for another three …
Read More »Ethiopia: Why PM Abiy Ahmed’s first priority should be free expression
William Davison | AFRICAN ARGUMENTS | The swearing-in this week of Prime Minster Abiy Ahmed and his promising inaugural speech suggests Ethiopia has its best chance yet to address a political crisis that has been building for decades. This comes not a moment too soon. Youthful protesters, particularly in Oromiya, …
Read More »