Uganda’s central bank raises benchmark rate to 17.0%
Uganda’s central bank raised its benchmark interest rate for the fifth consecutive meeting after a weaker currency boosted inflation to a two-year high. The bank […]
Uganda
U.S. allocates additional $300 Mln to fight HIV in Africa
The Obama administration is allocating an additional $300m to the effort to reduce HIV infection among girls and young women in 10 sub-Saharan African countries. […]
Somalia: Car bomb attack near presidential palace kills 5
Five people have been killed after a car bomb exploded close to the presidential palace in Somalia’s capital Mogadishu on Monday, police said. The blast […]
Smile Telecom to expand African wireless with $365 mln
Smile Telecoms Holdings Ltd, which owns and operates mobile wireless 4G LTE broadband networks in Nigeria, Tanzania and Uganda, has raised $365 million in debt […]
Revamped Air Djibouti to start Africa wide freight service
One month after resuming activities, Djibouti’s national airline, Air Djibouti, is looking to remake itself as an Africa-wide air freight service, it said on Wednesday. […]
Obama’s talks in Ethiopia focus on security, human rights
After a landmark trip to Kenya, his father’s birthplace, the US President Barack Obama flew to Addis Ababa late on Sunday on the first visit […]
Burundi: Uganda President starts mediation role
Uganda’s president Yoweri Museveni has started mediating talks between Burundi’s government and opposition groups to help ease tensions that have arisen over plans by President […]
Coffee giant Starbucks to open stores in Sub Saharan Africa in 2016
After it struck a deal with Taste Holdings on Tuesday, the coffee giant Starbucks says it will open stores in sub-Saharan Africa for the first […]
Uganda’s inflation unchanged at 4.9 pct (State agency)
Uganda’s inflation has remained unchanged at 4.9 percent year-on-year in June, thanks to a decrease in food prices, the statistics office said on Tuesday. According […]
Trucks loaded with goods to the DRC stranded in Uganda
Trucks loaded with goods destined for the Democratic Republic of Congo are blocked since last Tuesday in the Ugandan customs post Vura, at the border […]