Tag Archives: bond

President Lula launches charm offensive with recent visit of continent Addis Ababa, Ethiopia | RONALD MUSOKE | When it was the turn of Brazil’s President Luiz Inácio Lula da Silva to speak during the recently held assembly of African leaders at the African Union in the Ethiopian capital, Addis Ababa; he did …

NAIROBI | Xinhua |  Kenya raised a record 240.9 billion shillings (about 1.55 billion U.S. dollars) in its first infrastructure bond offer this year, said the Central Bank of Kenya (CBK) Wednesday evening, underlining increased investor confidence in the country’s debt market. The East African nation on Jan. 25 floated …

Rubanda, Uganda | THE INDEPENDENT | Four district engineers from the Kigezi region accused of abuse of office have been released on police bond. The suspects are: Denis Twesigwomwe, Rubanda district engineer, David Otika, Rubanda district Water Officer, and Spencer Ngabirano, town engineer Ryakarimira town council in Kabale District and Eric …

Mukono, Uganda | THE INDEPENDENT | Police in Mukono have released on bond Moses Kasiita, a resident of Ntaawo in Mukono Municipality, Mukono District, who had been in police custody for 13 days on accusations of having sexual intercourse with another man. Kasiita was arrested on April 22, 2023, and …

Kampala, Uganda | THE INDEPENDENT | Security and legal experts have urged Uganda Police Force not to succumb to President Yoweri Museveni’s call to stop releasing capital offence suspects on bond. President Museveni has continuously expressed concern with police giving bond to suspected capital offenders. In line with the president’s concern, …

Luwero, Uganda | THE INDEPENDENT | Police officers at Kiwoko police station in Nakaseke district are on the spot for allegedly coercing a resident to sign an agreement surrendering his land measuring half an acre to a land grabber in exchange for bond. Livingstone Kalungi, a resident of Bukomba village in …

London, United Kingdom | AFP |  British actor Roger Moore, who played James Bond for more than two decades with a suave wit, died Tuesday aged 89, drawing tributes for his portrayal of the womanising super-spy, and for his charity work. “It is with a heavy heart that we must …

By Joan Akello The officer in charge of the African Development Bank (AfDB), Jason Mosomi Mochache says the 2 year local currency bond that attracts 25 percent yield will finance infrastructure and develop African capital markets. It is noted that foreign currency denominated liabilities have frequently financed local currency activities …

By Andrew M. Mwenda Why African countries should follow the example of Rwanda, Ghana and Zambia by moving from foreign aid to bond markets Last week, the government of Rwanda issued an international 10-year bond to raise $400 million for infrastructure development. Within two days, the bond had been oversubscribed …