Fairytale African triumph for Sundowns, Onyango first Ugandan continental trophy winner Alexandria, Egypt | AFP | Mamelodi Sundowns of South Africa won a fairytale first CAF Champions League title on Sunday despite a 1-0 second-leg loss to Zamalek of Egypt in Alexandria. A Stanley Ohawuchi goal on 64 minutes was not …
Read More »ICC asks South Africa, Burundi to reconsider withdrawal
The Hague, Netherlands | AFP | The International Criminal Court on Saturday asked South Africa and Burundi to reconsider their decisions to withdraw from the troubled institution set up to try the world’s worst crimes. “Although withdrawing from a treaty is a sovereign act, I regret these decisions and …
Read More »South Africa’s withdrawal rocks International Criminal Court
Pretoria, South Africa | AFP | South Africa announced Friday that it is withdrawing from the International Criminal Court, dealing a major blow to a troubled institution set up to try the world’s worst crimes. South Africa’s decision followed a dispute last year when Sudanese President Omar al-Bashir visited the …
Read More »In The Independent: Oil refinery trouble, Museveni in tight corner
COVER STORY: President Yoweri Museveni and his technocrats are struggling to find a serious investor for the refinery project that only two years ago, major Russian, Chinese and South Korean banks and companies worth billions of dollars were fearlessly fighting for. THE LAST WORD: Andrew Mwenda wades into the war …
Read More »Arms deals with Europe, Israel fuel South Sudan war
United Nations, United States | AFP | A UN panel of experts has found evidence of “well-established networks” of arms suppliers in Eastern Europe and the Middle East that are fueling the war in South Sudan. In a confidential report to the Security Council obtained by AFP on Thursday, the …
Read More »Bank of Uganda takes over management of Crane Bank
The Bank of Uganda has with effect from today taken over management of Crane Bank Limited. According to a statement, the action has been taken upon the determination by the Bank of Uganda that Crane Bank Limited is significantly under-capitalised. BOU has appointed a statutory manager, Edward Katimbo Mugwanya, to …
Read More »Uganda draws Ghana, Egypt again in AFCON finals
AFCON2017 DRAW Group A – Gabon, Guinea Bissau, Cameroon, Burkina Faso Group B -Algeria, Zimbabwe, Senegal, Tunisia Group C – Ivory Coast, Togo, Morocco, DRC Group D – Ghana, Uganda, Egypt, Mali January 17 – Uganda vs Ghana January 21– Uganda vs Egypt January 25 – Uganda vs Mali Uganda Cranes will come up …
Read More »Minister for Kampala Kamya kicks out ‘illegal’ street vendors
Minister for Kampala Beti Olive Namisango Kamya Turomwe today announced KCCA shall immediately embark on an exercise she says aims to restore trade order, traffic order and development control in the city. Kamya said therefore, illegal street vending activities will be stopped by Kampala Capital City Authority (KCCA) “because they affect …
Read More »Morocco king seeks support for AU bid in East Africa
Kigali, Rwanda | AFP | Moroccan King Mohammed VI on Wednesday began a tour of east Africa to shore up support for a historic bid to rejoin the African Union after more than three decades. The visit, kicking off in Rwanda and set to take in Tanzania and Ethiopia, also …
Read More »Exchange rate qualms in October
The first week of October has not been smooth sailing for the Uganda shilling. By close of the trading week that ended Oct. 07, the local currency had run down from Shs 3,385/3,395 on Sept.30 to Shs 3,405/3,415 to the US dollar, representing a loss of Shs 20. This is …
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