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Tag Archives: eac

EADB disburses Shs 734.8bn to EAC member states

But stakeholders urge the lender to accelerate private sector growth through affordable interest rates currently capped at 15% per year   Kampala, Uganda | JULIUS BUSINGE | Uganda’s Finance Minister, Matia Kasaija, has urged the East African Development Bank (EADB) to implement strategies that ensure affordable interest rates for borrowing, enabling …

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Ceasefire efforts falter as M23 rebels capture centre in South Kivu

Kinshasa, Uganda | THE INDEPENDENT | A ceasefire order issued by East African Community (EAC) and Southern African Development Community (SADC) heads of state has hit a major obstacle after M23 rebels captured the Kahele Centre, located 40 kilometers from Bukavu City in the South Kivu province of eastern Democratic …

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Museveni: Tshisekedi must have dialogue with M23

Dar es Salaam, Tanzania | THE INDEPENDENT | President Yoweri Museveni has reiterated his stand that direct talks between President Felix Tshisekedi and all is opponents are vital for peace in the Democratic Republic of Congo. Museveni, who was in Dar es Salaam, Tanzania for the joint Summit of the …

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Ruto says African leaders to convene summit on DR Congo crisis

NAIROBI, KENYA | Xinhua | Leaders from southern and eastern African countries have resolved to meet for a two-day extraordinary summit from Friday to discuss the situation in the eastern Democratic Republic of the Congo (DRC), Kenyan President William Ruto said Monday. Ruto said a joint summit of the Southern …

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Brookside Limited triumphs at EAC Quality Awards

KAMPALA, UGANDA | THE INDEPENDENT | Milk processor, Brookside Limited has emerged as a standout performer at the prestigious East African Community (EAC) Quality Awards, clinching the Product of the Year title for its ‘Dairy Best’ brand. The company also secured the position of First Runner-Up in the Best Company of …

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