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Time for Dfcu Bank to prove Global Trust and Crane banks acquisition were legitimate deals

Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (Cosase) in late December 2018 is yet to conclude its probe of Bank of Uganda...

World Bank President Jim Yong resigns three to join investment firm

World Bank President Jim Yong Kim unexpectedly announced his resignation on Monday, setting up a potential dispute between the U.S. and other member countries...

Gabon coup attempt: Gov’t says situation under control

The political situation in Gabon is "under control" following an attempted military coup, a spokesman for the government has said. All five of the rebels...

Abdu Kitata tells Court martial he isn’t a leader of Boda-Boda 2010 or its member

The detained patron for Boda-Boda 2010, Abdallah Kitata has denied allegations of being a member or its leader of the group that is alleged...

AfDB to raise over $7 billion for investment in African economies in 2019

The African Development Bank’s (AfDB) Board has approved the institution’s 2019 borrowing program to the tune of US $7.24 billion from capital markets. The Bank...

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