Insurers, unit trusts big winners in Uganda tax proposals
Insurance companies and unit trust funds have emerged as big winners in Uganda’s tax proposals for the next financial year...
Foreign
Total, Africa Oil exit Kenya Turkana crude project
British exploration firm, Tullow Oil has assumed full ownership of the Kenya crude project in Turkana after its joint venture...
UK’s new immigration policy hits Nigerians, others
The UK government has announced new measures banning some family members of international students. The government is also under growing...
IMF detects South Sudan’s ban on dollar transactions
The government of South Sudan banned the use of the dollar in the economy as part of the conditions towards...
Soil fungus threatens banana growth in Africa
Bananas in Africa are threatened by a soil-borne fungus, Fusarium oxysporum (Foc TR4), which has caused significant losses in other...
Latest global stock market indices
The following are the indices of major stock markets worldwide for Wednesday. In Asia, the Shanghai Composite Index opened at...
Uganda, Rwanda power connectivity project back on track
Projects for power connectivity between Uganda and Rwanda are back on – profiting from warming relations between the two sides...
World Bank suspends $1bn worth of project funding in DR Congo
The World Bank has suspended funding for humanitarian and development projects in Democratic Republic of Congo worth more than $1...
Yuan strengthens to 6.9506 against dollar
Beijing, May 16, 2023: The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 148 pips to...
ECA urges policies to attract green investment, boost trade
Abuja, May 16, 2023: Economic Commission for Africa (ECA), says Africa should promote policies and infrastructure development to attract green...
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