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Uganda Cooperatives Alliance calls for revival of Cooperative Bank

Uganda Cooperatives Alliance calls for revival of Cooperative Bank

Kampala, Uganda | THE INDEPENDENT | The Uganda Cooperatives Alliance has urged the government to fast-track the revival of the Cooperative Bank, which was closed over two decades ago. Speaking during the 103rd International Cooperative Day...

8 Countries Provide 44% Financial Buffer For  Africa Energy Bank Kick Off

8 Countries Provide 44% Financial Buffer For Africa Energy Bank Kick Off

As the Africa Energy Bank (AEB) prepares to officially launch operations, eight countries have collectively provided a significant financial buffer, contributing 44 per cent of the required minimum contributions for the bank. The AEB, IS a $5...

Vocal critic of West wants reelection as Ugandan president

Vocal critic of West wants reelection as Ugandan president

(MENAFN) Ugandan President Yoweri Museveni has declared his intention to run for a seventh term in the 2026 elections, potentially extending his nearly four-decade-long rule to almost 50 years. Known for his strong opposition to Western influence...

Lavrov criticizes IMF, World Bank for favoring Ukraine over Africa

Lavrov criticizes IMF, World Bank for favoring Ukraine over Africa

(MENAFN) Russian Foreign Minister Sergey Lavrov has sharply criticized the International Monetary Fund (IMF) and the World Bank for what he described as a grossly unequal distribution of financial aid, claiming Ukraine has received more support...

For many South Asian and Muslim New Yorkers, Mamdani's political upset gives them hope

TERRY TANG MARIAM FAM Associated Press Published: July 9, 2025 The success of Zohran Mamdani in New York City's Democratic primary for mayor is euphoric for Hari Kondabolu, a stand-up comedian who's been friends with the candidate for 15 years....

Taxing shifts in company control in Uganda: The fragile framework of change in ownership rules

Taxing shifts in company control in Uganda: The fragile framework of change in ownership rules

Although Uganda’s desire to protect its tax base is justified, especially in today’s global economy where value can quietly shift through complex offshore structures, the 2018 changes to the Income Tax Act (ITA) may just have been too sweeping and...

Equity bank to expand to UAE

Equity bank to expand to UAE

Equity Group has announced plans to establish a Representative Office in the United Arab Emirates (UAE), pending approval from the Central Bank of Kenya and UAE authorities. This strategic expansion underscores the bank’s vision to bridge East and...

Liberia: Mark Yallah Signs with Uganda’s Vipers SC

Liberia: Mark Yallah Signs with Uganda’s Vipers SC

Monrovia – Liberian striker Mark “Bigmanshot” Juwle Yallah has officially joined Vipers SC, a top-tier club in the Ugandan Premier League, marking a significant step in his professional career. By: Christopher C. Walker | [email protected] Yallah...

Population dividend, technological leapfrogging, and high growth rates signal opportunities for African economies

Population dividend, technological leapfrogging, and high growth rates signal opportunities for African economies

[music] SIGNÉ: Hello, I am Landry Signe, senior fellow in the Global Economy and Development program and the Africa Growth Initiative at the Brookings Institution. Welcome to the Foresight Africa podcast, where I engage with distinguished leaders...

XRP Healthcare Appoints Capital Markets Executive Anna Skowron as Chief Financial Officer Ahead of Proposed TSXV Listing

XRP Healthcare Appoints Capital Markets Executive Anna Skowron as Chief Financial Officer Ahead of Proposed TSXV Listing

DUBAI, UAE, July 9, 2025 /PRNewswire/ -- XRP Healthcare M&A Holding Inc., a global healthcare and AI company driving mergers and acquisitions across Africa, is pleased to announce the appointment of Anna Skowron, CPA, as Chief Financial Officer...

Torture in Uganda: From ‘never again’ to ‘maybe, sometimes’ to ‘what will you do?’ Part 2

Torture in Uganda: From ‘never again’ to ‘maybe, sometimes’ to ‘what will you do?’ Part 2

General Muhoozi Kainerugaba In last week’s column we started an examination of Uganda’s journey towards prohibiting torture – in law and in fact. We noted that the State itself had been born out of the trauma of torture (alongside many other...

Pakistan’s tax-to-GDP ratio lags due to narrow tax net, informal economy: ADB

Pakistan’s tax-to-GDP ratio lags due to narrow tax net, informal economy: ADB

ISLAMABAD: Despite numerous reforms, Pakistan’s tax-to-GDP ratio remains below regional averages, hindered by the limited reach of its tax system and the widespread prevalence of informal economic activity, says the Asian Development Bank (ADB)....

ADB report calls for reform in Pakistan’s tax system to tackle informal economy

ADB report calls for reform in Pakistan’s tax system to tackle informal economy

Despite several reforms, Pakistan’s tax-to-GDP ratio continues to lag behind regional averages, with limited success in capturing revenue from the informal economy, according to a new report by the Asian Development Bank (ADB). The report, titled...

From Uganda to the United States – The Inspiring Journey of St. George’s University Alumna Dr. Geraldine Nabeta

From Uganda to the United States – The Inspiring Journey of St. George’s University Alumna Dr. Geraldine Nabeta

Driven by a strong desire to transform the healthcare system in her home country of Uganda, Geraldine Nabeta embarked on her journey to study medicine at St. George’s University (SGU), School of Medicine in Grenada, West Indies. She believed that...

Ugandan business players brace for Nairobi protests

Ugandan business players brace for Nairobi protests

Ugandan business players brace for Nairobi protests There is rising anxiety in both Kenya and by extension, Kampala on tomorrow's planned anti-government protests in Nairobi. The demonstrations, initially planned to protest Kenya's rising cost of...

Why Ugandans are over qualified with useless PhDs of pulling each other down

Why Ugandans are over qualified with useless PhDs of pulling each other down

I come from a sub-region that has for many years failed to snatch a share of the national cake; not because we are not good enough but because many of my people are holders of useless PhDs. A PhD in this context actual means ‘Pull Him or Her Down”...

Business : BRICS Reaffirms Commitment To Fair Trade, IMF Reform, And Financial Cooperation

Business : BRICS Reaffirms Commitment To Fair Trade, IMF Reform, And Financial Cooperation

KUALA LUMPUR, July 6 (Bernama) — The BRICS grouping has sent a strong message in defence of a rules-based multilateral trading system, rejecting unilateral, punitive and discriminatory protectionist measures imposed that are not in line with...

Ugandan with alleged ties to (ISIL) red-flagged in Trinidad

Ugandan with alleged ties to (ISIL) red-flagged in Trinidad

A UGANDAN national identified as Abubakar Swalleh, with alleged terrorist ties to the Islamic State of Iraq and Levant (ISIL) or Al-Qaeda, has been red-flagged by the Financial Intelligence Unit of Trinidad and Tobago (FIUTT). The FIUTT has issued...

Ugandan President Nominated as Sole Presidential Candidate for 2026 Election

Ugandan President Nominated as Sole Presidential Candidate for 2026 Election

(MENAFN) Ugandan President Yoweri Museveni was officially nominated as the ruling National Resistance Movement's (NRM) sole candidate for the upcoming presidential election, set for January 2026. In a meeting held in Kampala, the nation's capital,...

Zimbabwe start Rugby Africa Cup defence with win over Morocco 

Zimbabwe start Rugby Africa Cup defence with win over Morocco 

By Sport Reporter The Zimbabwe senior men’s rugby team started its 2025 Rugby Africa Cup campaign with a 43–8 win over Morocco on Tuesday at the Nelson Mandela National Stadium in Nambole, Kampala. The victory saw Zimbabwe securing a place in the...

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