UPDAF helicopter on training mission crashes

UPDAF helicopter on training mission crashes

A Helicopter, a Jet ranger AF302 belonging to the Uganda Peoples’ Defense Air Force (UPDAF) has crashed in the district of Gomba in Central Uganda killing all the two people
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Will the Coronavirus Cause a Major Growth Slowdown in China?

Will the Coronavirus Cause a Major Growth Slowdown in China?

The panic generated by the new coronavirus, 2019-nCov, which originated in Wuhan, one of China’s largest cities and a major domestic transport hub, reminds many of the fear and uncertainty
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UK seeking working relationship with Somaliland on military matters

UK seeking working relationship with Somaliland on military matters

The United Kingdom and Somaliland are seeking ways with which they can partner to improve security in the Horn by building the capacity of the defence forces. The newly appointed defence
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Kenya Rugby Union wins bid to host Rugby Africa U20 tournament

Kenya Rugby Union wins bid to host Rugby Africa U20 tournament

Rugby Africa has announced the successful bid of Kenya Rugby to host the U20 Barthés Trophy, sponsored by Société Générale, for three consecutive years. The 2020 edition of the U20
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State House Anti-Corruption Unit vows to end Corruption in Local Governments

State House Anti-Corruption Unit vows to end Corruption in Local Governments

State House Anti-Corruption Unit Head, Lt. Col Edith Nakalema has promised to intensify efforts that will ensure that the high incidences of corruption in most local Governments are curbed. While speaking
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The Next Big Development Challenge

The Next Big Development Challenge

We have suddenly arrived at a tricky stage in global economic development. Emerging markets are losing their dynamism, after a remarkable three-decade-long run during which they caught up rapidly with
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How Los Angeles Lakers legend Kobe Bryant died

How Los Angeles Lakers legend Kobe Bryant died

Kobe Bryant inspired a generation of basketball players worldwide with sublime skills and unquenchable competitive fire. He earned Los Angeles' eternal adoration during his two decades as the fierce soul of
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Crumbling Infrastructure – or Crumbling Cliché?

Crumbling Infrastructure – or Crumbling Cliché?

America’s infrastructure has been crumbling ever since George Washington crossed the frozen Delaware River on a leaky boat. That seems to be a bipartisan “truth.” And every four years, presidential candidates
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The expansive Mau Forest  Complex in Kenya is set to get fresh breath after it was admitted to the Queen’s Commonwealth Canopy (QCC). 
Africa Agribusiness Industry Tourism

Mau Forest admitted to Queen’s Canopy

The expansive Mau Forest  Complex in Kenya is set to get fresh breath after it was admitted to the Queen’s Commonwealth Canopy (QCC). This will boost efforts by the Kenya government to conserve the water tower which had been encroached on by human inhabitants and loggers. The admission of the Mau Forest comes via a […]

A Tanzania envoy to China has unveiled his ambitious plan as he seeks to increase the number of Chinese tourists visiting the East African country and the region at large.

Envoy pledges more Chinese tourists to Tanzania

A Japanese woman was asked to take a pregnancy test before flying to a US island that has become popular for birth tourism.

Woman forced to take a pregnancy test before flying

The Uganda shilling saw little movement against the U.S. dollar on Thursday in what was a seesaw session with increased activity across the counters.
Markets

Euro near seven-week low after ECB; China virus worries linger

The Uganda shilling saw little movement against the U.S. dollar on Thursday in what was a seesaw session with increased activity across the counters. Dollar sellers made forays into the market earlier in the day resulting in the home unit gaining some ground. Late foreign currency demand from interbank players seeking to take advantage pushed […]

The Uganda shilling erased some of its previous day’s losses in Wednesday’s trading session to close a tad stronger versus the dollar.

Dollar edges higher on bullish housing data

Dollar edges lower as U.S. reports first case of deadly coronavirus

Dollar edges lower as U.S. reports first case of deadly coronavirus

Exchange Rates

The Uganda shilling saw little movement against the U.S. dollar on Thursday in what was a seesaw session with increased activity across the counters.
Markets

Euro near seven-week low after ECB; China virus worries linger

The Uganda shilling saw little movement against the U.S. dollar on Thursday in what was a seesaw session with increased activity across the counters. Dollar sellers made forays into the market earlier in the day resulting in the home unit gaining some ground. Late foreign currency demand from interbank players seeking to take advantage pushed […]

The Uganda shilling erased some of its previous day’s losses in Wednesday’s trading session to close a tad stronger versus the dollar.

Dollar edges higher on bullish housing data

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