Tag Archives: wealth

US$ 57 million ultramodern AU-PANVAC laboratory complex to tackle rising livestock disease burden Bishoftu, Ethiopia | RONALD MUSOKE | The United States government through its Defence Threat Reduction Agency’s (DTRA) biological threat reduction programme (BTRP) has boosted the capacity of the African Union-Pan African Veterinary Vaccine Centre (AU-PANVAC) to respond better to …

Harare, Zimbabwe | Xinhua |  Zimbabwe’s Minister of Finance, Economic Development and Investment Promotion Mthuli Ncube on Thursday proposed a “wealth tax” that targets the country’s super-rich with an intention to use the funds earned from the new measure to upgrade urban infrastructure. Presenting the 2024 national budget statement to …

Kampala, Uganda | THE INDEPENDENT | The 12th Annual Mineral Wealth Conference is set to take place from October 30-31 at Kampala Serena Hotel. This year’s conference is being held under the theme; “Creating a Viable and Feasible Roadmap for Uganda’s Mineral Sector to Contribute to Economic Transformation.” Organized by …

Kampala, Uganda | THE INDEPENDENT | Members of Parliament from the opposition have raised objections to the proposed exemption of UPDF officers from publicly declaring their wealth through the Inspectorate of Government (IGG) and instead doing it through the Chieftaincy of Military Intelligence (CMI). They argue that since the army receives …

Kampala, Uganda | THE INDEPENDENT | The Inspector of Government (IGG), Beti Kamya, announced that a new portal is being created where soldiers will declare their wealth through the Chieftaincy of Military Intelligence (CMI). This came after President Museveni warned against the open declaration of soldiers’ wealth through the IG, citing …

Rwanda was the top performing market in Africa during the past decade, with millionaire growth of 72%, followed by Mauritius, the Seychelles, Uganda, and DRC Kampala, Uganda | THE INDEPENDENT & AGENCIES | Africa’s millionaire population is expected to rise by 42% over the next 10 years, reaching around 195,000 by …

It reveals ‘Big 5’ account for 56% of the continent’s millionaires Kampala, Uganda | AGENCIES | The total investable wealth currently held on the African continent amounts to USD 2.4 trillion and its millionaire population is expected to rise by 42% over the next 10 years, according to the latest 2023 …

Kampala, Uganda | THE INDEPENDENT | The Inspectorate of Government has revealed it is waiting for up to 34,000 wealth declarations by various leaders in compliance with the Leadership Code. The declaration which started on March 1 will run until March 31, 2023. The code requires a public officer to declare his …

Kampala, Uganda | THE INDEPENDENT | Government initiatives put in place over the last 10 years to reduce poverty or create wealth have had mixed returns either due to mismanagement or under-funding, according to a new report on Uganda’s poverty levels. The 2021 Poverty Status Report examines poverty trends and dynamics …

Windhoek, Namibia | Xinhua | The Bank of Namibia, the central bank, said Thursday that it will conduct checks on politically connected people’s wealth and businesses to avoid conflicts of interest. The bank released Thursday the revised Determination on the Appointment, Duties, and Responsibilities of Directors, Principal Officers, and Executive …