Geneva, Switzerland | THE INDEPENDENT | Former president of the African Development Bank Donald Kaberuka has been selected as the new board chairman of the The Global Fund to Fight AIDS, Tuberculosis and Malaria. Dr. Kaberuka was selected by the Global Fund Board on Thursday following a six-month search that was designed …
Read More »How to fix Nature and avoid human misery
Paris, France | AFP | Revamping global food production, retooling the financial sector, moving beyond GDP as a measure of progress and other “transformative changes” are needed to save Nature and ourselves, a major UN biodiversity report is set to conclude. Delegates from 130 nations wrap up week-long negotiations in …
Read More »Kiir, Machar agree 6 month delay to unity govt
South Sudan rivals agree to delay forming unity government Addis Ababa, Ethiopia | AFP | South Sudan’s warring parties agreed Friday to delay by six months the formation of a power-sharing government just days before it was due to be installed in the capital Juba. Representatives for President Salva Kiir …
Read More »Shell profit edges higher to $6 bn, beating expectations
London, United Kingdom | AFP | Energy giant Royal Dutch Shell on Thursday said its net profit edged higher to $6 billion in the first quarter, with gains capped by cooler oil prices and a dip in production. Profit after tax climbed two percent compared with the first three months …
Read More »South Sudan rivals meet in bid to salvage stalled peace deal
Addis Ababa, Ethiopia | AFP | South Sudan’s warring parties will hold talks in Addis Ababa on Thursday, in a bid to salvage a stalled peace deal, with just days to go until a unity government is meant to be formed. President Salva Kiir, rebel leader Riek Machar and a …
Read More »Tanzanian media mogul and industrialist Mengi dies aged 75
Nairobi, Kenya | AFP | Tanzanian business tycoon and philanthropist Reginald Mengi, who headed one of Africa’s largest media groups, has died aged 75 in Dubai, his news outlets reported Thursday. “We are sorry to announce the death of the executive chairman of IPP Group of Companies, Dr Reginald Mengi,” …
Read More »LIVE: Bobi Wine bail hearing via video link
Kampala, Uganda | THE INDEPENDENT | MP Robert Kyagulanyi aka Bobi Wine’s bail application is today being conducted via the video conferencing system between Buganda Road Court and Luzira Prison. Kyagulanyi was arrested from Mulago roundabout on April 29th as he was heading to the CID headquarters in Kibuli to …
Read More »Museveni urges support for investors, warns judges
Agago, Uganda | THE INDEPENDENT | President Yoweri Museveni has urged Ugandans to handle investors with care as they are key to the country’s economic advancement. He also lashed out at judges who he said connive with wananchi to frustrate government projects. “No economy ever developed because of its politicians, …
Read More »Bobi Wine arrested, arraigned before Buganda Road Court
Kampala, Uganda | THE INDEPENDENT & AFP | Kyadondo East MP Robert Kyagulanyi aka Bobi Wine who was arrested today as he headed to Kibuli to respond to Criminal Investigations Directorate (CID) summons, has been arraigned before Buganda Road Court and remanded to Luzira until May 2. He faces charges …
Read More »BRAC Uganda Bank launched
Kampala, Uganda | THE INDEPENDENT | BRAC, one of the largest microfinance providers in Uganda, has been transformed into a Tier 2 Credit Institution (CI) to broaden the range of financial services it provides to low-income communities. First Deputy Prime Minister General Moses Ali represented President Yoweri Museveni …
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