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East Africa Business - Top News

  • January 9
  • allAfrica.com Somalia: Piracy Surges Again

    There has been a new upsurge of piracy off Somalia, reports an agency associated with the North Atlantic Treaty Organisation (Nato).

  • New Vision Uganda: Country to Benefit From World Bank $2 Billion Crisis Fund

    UGANDA is to benefit from the World Bank's $2b (sh3,960b) facility for speeding up grants and long-term interest-free loans to help the world's poorest countries cope with the global financial crisis. Uganda is among the world's 78 poorest countries.

  • New Vision Uganda: Organic Cotton Faces Bleak Market - Experts

    A BLEAK market for organic cotton is making it hard to pay farmers high prices as promised, an official of the International Cotton Advisory Committee (ICAC) has said.

  • New Vision Uganda: URA Freezes Kamwenge Accounts

    THE Uganda Revenue Authority (URA) has frozen Kamwenge district local government accounts.

  • The Weekly Observer Uganda: IGG Stops Job Offer to Copying Professor

    The Inspectorate of Government (IG) has suspended the appointment of Assoc. Prof. Jockey Nyakaana as Director of Quality Assurance, Makerere University, following reports that he plagiarised material from his former student, and complaints that he was irregularly selected for the post.

  • New Vision Uganda: Naads Turns to Urban Farmers

    THE National Agricultural and Advisory Services (NAADS) has shifted focus from rural to urban farmers, the executive director, Dr. Silim Nandy, has said.

  • New Vision Uganda: Local Govts Warned on Annual Budgets

    LOCAL governments have been cautioned to observe regulations concerning the annual budget.

  • New Vision Uganda: Districts Sh2 Billion Expenditure Queried

    THE parliamentary local government accounts committee has queried the extra sh2.56b spent by Pallisa district in the 2000/2001 financial year.

  • January 8
  • SANF Southern Africa: Region Takes Giant Step Toward African Economic Community

    Three regional economic blocs have made a giant step towards the long-conceived goal of an African Economic Community, approving the expeditious establishment of an enlarged Free Trade Area (FTA) encompassing 26 Member States in three sub-regions.

  • New Vision Uganda: A New Railway Line is Welcome News [editorial]

    Kenya and Uganda have announced new plans to build another railway line from Mombasa to the interior to cope with increased regional trade.

  • New Vision Uganda: Nothing Will Derail Country's Oil Deal

    THE ministry of Energy's Ernest Rubondo, who is the commissioner for Petroleum Exploration and Production Department, says oil exploration and production activities will continue as planned despite the on-going global financial crisis.

  • New Vision Uganda: Petrol Prices Remain High

    THE price of petrol at filling stations in the city continues to remain high.

  • New Vision Uganda: Unraveling the City Bus Mess

    MORE than a year after Pioneer Easy Bus, the first company to operate a city bus service in Kampala, launched operations, the bus transport plan meant to decongest the city is yet to make any meaningful impact.

  • New Vision Uganda: URA Denies Torturing Suspected Smuggler

    THE Uganda Revenue Authority (URA) has dismissed claims by a man who said its officials tortured him on suspicion that he had smuggled goods.

  • New Vision Uganda: Tororo Residents Get New Bridge

    A bridge connecting Bisun-Juba slum to Tororo Municipality, that had become a death trap, has been repaired.

  • New Vision Uganda: Flower Sector May Wilt As Clients Go Bankrupt

    Ugandan flower export earnings have been sapped by the spills of the global financial crisis which has lead to the cancellation of contracts and prices nose diving.

  • New Vision Uganda: Annual Inflation Eases

    Uganda's annual inflation eased to 14.2% in December from 14.6% in November due to slightly lower food prices, the government said recently.

  • New Vision Uganda: The City Bus Chaos

    More than a year after Pioneer Easy Bus, the first company to operate a city bus service in Kampala, launched operations, the bus transport plan meant to decongest the city is yet to make any meaningful impact.

  • New Vision Uganda: Alur Chiefs to Train in Revenue Collection

    KER Alur has organised a revenue collection course for Alur chiefs and clan heads. Alur prime minister (Jadipu) Prince Angala Opar Jalumvor Jalsonge, said the training would start soon.

  • New Vision Uganda: Sh2 Billion for Road Builders Withheld

    THE National Roads Authority has withheld sh2b for two construction companies, which were hired to do repair works on the Kampala-Jinja highyway. The authority said the companies did substandard work.

  • New Vision Uganda: Stock Exchange Off to a Slow Start

    THE year started with subdued activity on the Uganda Securities Exchange. On Monday (January 5), the first day of trading, only sh31.9m was traded and the trend continued on Tuesday with sh21.3m worth of shares changing hands.

  • New Vision Uganda: Four Soldiers Injured At Mabira

    FOUR soldiers were yesterday morning injured in a motor accident in Mabira Forest on the Kampala-Jinja highway. They were part of a security team returning to Kampala from Jinja where they had escorted a bullion car.

  • Addis Fortune Ethiopia: Sugar Exporters Secure Hold on EU Market

    The Ethiopian sugar exporting sector is set to consolidate its share of the European sugar market following the revision of its quota to the market under a new initiative that encourages the increased importation of non-war materials from developing countries (LDCs).

  • Addis Fortune Ethiopia: Surprise Board Adviser at OIB

    The youngest commercial bank in Ethiopia, Oromia International Bank S.C (OIB) appointed Abe Sanu, the first youngest and short lived ex-President of Commercial Bank of Ethiopia (CBE) as its board advisor.

  • January 7
  • IRIN Somalia: 'Too Poor to Escape the Fighting'

    Fadumo Mohamed Hassan and her seven children are among the few families left in Yaaqshid district of north Mogadishu, after worsening conflict forced most residents to flee the capital.

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