VIDEO: As commercial banks continue reducing interest rates, expectations are high among Bankers that the economy will pick up. Barclays Bank managing Director Rakesh Jha says the reductions will increase credit growth. Barclays will remain strategic in its investments to ensure that it is not overwhelmed by bad loans. Share on: …

San Francisco, United States | AFP | The mobile application Snapchat became a social media star with messages that vanish after viewing, making co-founders Evan Spiegel and Bobby Murphy among the youngest billionaires on the planet. The history of the company, recently re-branded just Snap in an effort to be …

Johannesburg, South Africa | AFP |  South African telecoms giant MTN said Thursday that it made a $200 million loss in 2016 — the company’s first — after suffering a huge fine in Nigeria and currency challenges in key markets. “MTN Group’s financial results for 2016 reflect the most challenging …

Dar es Salaam, Tanzania | AFP |  A ban on alcohol sold in plastic sachets will come into force in Tanzania this week, the government said Wednesday, as it seeks to protect the environment and curb youth boozing. The import, manufacture, sale and consumption of the 50 millilitre alcoholic sachets …

Harare, Zimbabwe | AFP |  Zimbabwean President Robert Mugabe, who celebrated his 93rd birthday last week, flew to Singapore on Wednesday for a “scheduled medical review”, his spokesman said. Mugabe appeared frail at his birthday party on Saturday, when he stood for more than an hour to deliver his speech, …

JOB OPENING: People & Culture (HR) Business Partner, World Vision South Sudan Reference: 6468-15N22103 Location: Africa – South Sudan Town/City: Juba Application Deadline Date: 22-Mar-17 Category: Human Resources Type: Fixed term, Full-time International Role: Yes Duration: 1-2 Years Share on: WhatsApp

VIDEO: Looking at the recent eviction of vendors at Kampala’s Park Yard, looks like the war on the issue is not over. Speaker of parliament Rebecca Kadaga directs Kampala minister Betty Olive Namisango Kamya to produce a full list of park yard vendors who were evicted and the stalls where they were …

Goma, DR Congo | AFP |  The Congolese army said Wednesday it had killed 20 fighters from the M23 militia group and lost two soldiers in clashes with the rebels since the end of January. General Leon Mushale told reporters in the eastern city of Goma that a further 25 …

VIDEO: Ibrahim Kirya is the new man in charge at URA. On his unveiling, he spoke of the need to seek advise when the ground is shaky and promised team work as he started his reign as the new football coach of Uganda Premier league giants URA FC. At the same …

Washington, United States | AFP |  Media mogul Oprah Winfrey did not say she was running for president, but she didn’t rule it out either, raising the unlikely prospect of a titanic celebrity-on-celebrity duel with Donald Trump in 2020. In an interview with Bloomberg TV that aired Wednesday, host David …