Friday 17 November 2017
(Daily Nation 08/24/17)
Three large Ugandan firms are set to make millions after they were exclusively allowed to bring poultry products into Kenya. Kenya has partially lifted the ban on the products from the neighbouring country after an eight-month embargo that saw chicken and eggs locked out of the Sh500 million market following the outbreak of avian influenza disease. The move, which will be strictly monitored by authorities for safety purposes, will see three firms approved by the Ministry of Agriculture—having met the required safety conditions—export the products. The three are Hudani Manji Holdings-Rainbow—a wholesale and retail supplier in Uganda, South Sudan, Congo, and Rwanda-- SR Afrochick and Kukuchic. Agriculture secretary Willy Bett says Kenya sent a team of inspectors from the ministry...
(New Vision 08/24/17)
One person has been presumed dead after his vehicle was washed away by the ravaging floods in Elegu. One person is feared dead and more than 2,000 people around Elegu border market in Amuru district are believed to now be homeless after Unyama stream burst its bank, giving way to fierce, destructive floods. The area experienced a downpour that started Monday night and did not let up until Tuesday late-morning. Several people in Amuru district have since reported that some bridges were swept away, leaving some areas cut off in the two sub-counties of Atiak and Pabbo. The downpour also led to the washed away of a bridge at Unyama River in Okidi parish, Atiak sub-county that connects Atiak sub-county...
(Xinhuanet 08/24/17)
Uganda is taking nothing for granted as it prepares to face off with Egypt in the 2018 World Cup qualifier scheduled for Aug. 31. The seven-time African champion Egypt currently top the group after picking a 2-1 win over Congo Brazzaville and a 2-0 victory over Ghana. Uganda, who is second in the group, beat Congo Brazzaville 1-0 and drew goalless away with the Black Stars of Ghana. Victory for Uganda on Aug. 31 will send them top of the table before the return leg on Sept. 5 in Alexandria. To ensure a win, Uganda is banking on the services of the assistant coach of America's New York Red Bulls II Ibrahim Sekagya and Matia Lule to reinforce the technical...
(Bloomberg 08/24/17)
Every African nation that’s sold dollar debt now has at least one junk rating, but it would be hard to tell by looking at the bond market. The average yield on sovereign Eurobonds in Africa has hovered near the lowest level in two years this month, according to a Standard Bank Group Ltd. index, even after Moody’s Investors Service cut Namibia to below investment grade on Aug. 11. The world’s biggest producer of marine diamonds had been the continent’s only dollar-bond issuer without a junk rating. A low interest rate environment in the developed world has encouraged investors to look past the problems plaguing African economies, including low commodity prices, dollar shortages in some of them and rising political tension...
(Reuters (Eng) 08/23/17)
A Ugandan court on Tuesday sentenced a Muslim group leader and three associates to life in prison after their conviction on terrorism charges related to threats to harm rivals, a judicial official said. Over the last few years more than a dozen senior Muslim figures in Uganda have been killed, in most cases gunned down by unknown assailants riding on motorcycle taxis. Sheikh Mohammad Yunus Kamoga, who heads Tabliqs, a radical Muslim faction, and 13 others were arrested and charged with terrorism and the murder of some other Islamic group leaders. On Monday six of them were convicted on the terrorism charges but all were cleared of murder. In a high court session on Tuesday, Kamoga and three others were...
(Xinhuanet 08/23/17)
A team of ten Ugandan military engineers are scheduled to leave for China where they will be trained in railway construction. Brig. Richard Karemire, Ugandan military spokesperson, told Xinhua in an interview on Tuesday that the team will go to Hebei Province for a three-month special training in construction of a Standard Gauge Railway (SGR). The training is part of the memorandum of understanding reached between China Harbour Engineering Company (CHEC), the company contracted to construct Uganda's SGR, and the military. "We welcome a strategic partner that provides skills to the army. We are a productive force committed to the social transformation of our country," said Karemire. In the memorandum of understanding, CHEC also agreed to partner to build a...
(Daily Nation 08/23/17)
Uganda and Tanzania have ceased to be Kenya’s export drivers after relinquishing the position to Pakistan and the United States that have upped their appetite for Kenyan goods. Pakistan has this year overtaken Uganda as the largest buyer of Kenyan goods, while the United States is fast bridging the gap between it and Kampala on Kenya’s export market table. Exports to Pakistan jumped 90.8 per cent to Sh24.8 billion in the year to May from Sh13 billion in a similar period last year, marking the fastest growth. Shipments to the US grew 20 per cent to Sh18.5 billion in the period, the Kenya National Bureau of Statistics data shows. On the flipside, exports to Uganda remained unchanged at Sh21.9 billion...
(BBC News Africa 08/23/17)
Uganda police say they have arrested a number of suspects over a recent spate of killings of women near the capital, Kampala. The Inspector General of Police, Kale Kayihura, said that a suspect had confessed to killing eight women on the orders of businessmen. The murders were for ritual sacrifices, Gen Kayihura told residents of Nansana municipality. Local media say 17 women have been killed in a gruesome manner since May. Police spokesman Asan Kasingye told the BBC that while the murders occurred in the same district, they were not all related. He said that in the majority of cases, the victims were sex workers who had been raped and strangled in isolated places in “the wee hours of the...
(Capitalfm Business 08/23/17)
The ban of poultry trade between Uganda and Kenya has been partially lifted as three facilities from Uganda have been allowed to sell their poultry products to Kenya after having met high levels of bio-security. According to the Cabinet Secretary for Agriculture, Livestock and Fisheries Willy Bett who spoke during a press conference on Wednesday, the decision was arrived at after the Kenya technical team reviewed the measures taken by Uganda to contain the infection of avian influenza that had hit the country. “When there is a ban on trade of poultry you can imagine the impact it creates in business that’s why this matter is taken seriously so as to see there is continuity in trade and the minute...
(Xinhuanet 08/23/17)
As the people fleeing the South Sudan crisis continue to enter neighboring Uganda, the president of the International Committee of the Red Cross (ICRC) said a political solution is urgently needed to resolve the crisis. Peter Maurer who visited South Sudan and Uganda told reporters here on Monday that the solution to the crisis is political rather than military. He urged Ugandan President Yoweri Museveni to use his regional influence to push the rival parties to stop the fighting. "I am deeply convinced that some of the structural and systematic problems with which we are confronting can be found if the neighbors and together with the parties in South Sudan play an important role in a peaceful solution," Maurer said...
(Xinhuanet 08/23/17)
China is dedicated to enhancing its cooperation with Africa in human resource development through knowledge and technology transfer, a Chinese diplomat said Tuesday. Liu Tao, Charge d'Affaires of the Chinese Embassy in Ethiopia, made the remarks at the Chinese Government Training Program Fellowship Reception in Ethiopia's capital Addis Ababa. He said China, since the year 2000, has sent over 2,000 agricultural experts and over 7,000 medical personnel to Africa, and has trained more than 80,000 Africans from more than 50 countries. China has pledged that it would, in three years, train 200,000 technicians and provide 40,000 training opportunities in China, and will offer 30,000 government scholarships, he said. Stating that 1,100 Ethiopian candidates are invited this year to attend short-term...
(Reuters (Eng) 08/22/17)
Uganda's coffee exports jumped 59 percent last month from a year earlier after good weather conditions this year boosted the crop, the industry regulator said. Uganda is Africa's largest exporter of coffee, one of the country's key sources of foreign exchange. It predominantly cultivates Robusta beans but produces some Arabica beans as well. Some 427,204 60-kg bags were shipped during the month, up from 268,490 bags exported in July 2016, state-run Uganda Coffee Development Authority (UCDA) said in a report on Tuesday. UCDA said the increase in Arabica exports was due to a higher-yielding crop while robusta was helped by yields from maturing new trees. August exports are likely to total 380,000 bags, up about 30 percent from the same...
(APA 08/22/17)
A latest State of the Economy report released on Tuesday by Uganda’s central Bank indicates that the East African country's external and domestic debt has hit 11.2 billion dollars. Img : Uganda’s debt burden hits 11.2 billion shillings Bank of Uganda says the provisional total public debt stock (at nominal value) as at the end of May 2017 indicates an increase of 14.1 per cent relative to June 2016 and 16.7 per cent in the same period a year ago. It comprises 5.7 billion dollars in external debt, commanding a dominant share of 62.4 per cent of the total public debt. The external public debt at the end of May 2017 stood at 11.2 billion dollars. Undisbursed external debt stood...
(APA 08/22/17)
The European Union (EU) department for humanitarian aid and civil protection said it is doubling funding to International Organisation for Migration (IOM) to support South Sudanese refugees in the Ugandan districts of Yumbe and Moyo. The increase in funding from one to two million Euros comes hot on the heels of an announcement by the United Nations High Commissioner for Refugees (UNHCR) in Kampala that the number of displaced persons from South Sudan has surpassed the one million mark. The donation, according to a statement, will be channeled through IOM and its partner organisation, Lutheran World Federation (LWF). Initially, the EU Directorate General for European Civil Protection and Humanitarian Aid Operations (ECHO) had pledged Euros 1million for water and sanitation...
(Xinhuanet 08/22/17)
African officials on Monday called for urgent infrastructural development and regional integration to boost the continent's economy. At the Infrastructure Africa 2017 in Johannesburg, Zambian Minister of Finance Felix Mutati encouraged Africans to speedily address infrastructural deficit. "We have to inject some sense of urgency in ourselves. If we remain captured by business as usual, we are headed for disaster," said Mutati at the opening ceremony of the two-day event. "Competitiveness in Africa is being constrained by infrastructure deficit. We need about 93 billion U.S. dollars every year to address the infrastructure gap in the continent. We need to urgently implement projects," he said. Mutati said Africa has to narrow focus to innovative financing and design, better use of existing...
(New Vision 08/21/17)
Coffee is the number one globally-traded commodity in the agriculture sector. Drinking coffee brings one a lot of happiness and Uganda is seeking to earn more from coffee, according to Emmanuel Lyamulemye, the executive director of Uganda Coffee Development Authority (UCDA). “Coffee leads to longevity,” he told MPs during a presentation to the parliamentary committee on agriculture on the activities of UCDA. “Coffee helps improve alertness, for instance, for night workers and students. among others. Coffee contains hundreds of compounds that may help with research into some diseases. Caffeine can end headache if consumed in the early stage."
(Bloomberg 08/21/17)
Standard Bank Group Ltd Ugandan unit plans to raise $3 billion (Sh309 billion) for a crude pipeline by the second half of next year as the country prepares to start oil production by 2020. Stanbic Bank Uganda was appointed alongside Japan’s Sumitomo Mitsui Banking Corp as joint financial adviser for the 1,445-kilometre (898-mile) pipeline, Patrick Mweheire, the chief executive officer of the Kampala, Uganda-based business, said in an interview. The companies will explore raising bank debt or loans from export credit agencies among the options they are considering, he said, without giving more details. The pipeline will connect Uganda’s Hoima oilfields in the west to the port of Tanga in neighbouring Tanzania. Ugandan President Yoweri Museveni and his Tanzanian counterpart...
(Xinhuanet 08/21/17)
Uganda on Saturday declared the end of the bird flu outbreak, which has led to the death of thousands of birds and affected the country's poultry export. Christopher Kibanzanga, state minister for agriculture, told reporters that Uganda is now free from bird flu or avian influenza that broke out in January this year. The outbreak was declared on Jan. 15, affecting domestic and wild birds in the three central districts of Wakiso, Kalangala and Masaka, along the shores of Lake Victoria. "The laboratory samples collected from domestic poultry birds and wild birds have been confirmed negative since March to date," Kibanzanga said. The outbreak killed at least 50,000 domestic birds and 10,000 wild birds in the country, according to figures...
(The Guardian 08/21/17)
Campaigners condemn ‘vile affront to LGBT rights’ after state crackdown on planned week-long celebrations in the capital, Kampala. Activists are outraged over the Ugandan government’s decision to cancel a week of gay pride celebrations in the country for a second consecutive year, describing the move as a violation of fundamental human rights of minority groups. On 16 August, the state minister of ethics and integrity, Simon Lokodo, issued a directive shutting down a gala, scheduled to take place at the Sheraton Hotel in the capital, Kampala, accusing the organisers of attempting to stage an illegal gathering aimed at recruitment, exhibition and promotion of homosexuality. Police officers were deployed at the hotel and other venues where pride events were scheduled, to...
(Bloomberg 08/21/17)
GreenWish Partners, a renewable energy company run by a former Morgan Stanley executive, is planning to invest $800 million on solar-powered telecommunications towers across Africa. The project could fuel economic growth by providing power for essential services. Sub-Saharan Africa has the lowest rates of energy access in the world and is home to about half of the world’s 1.2 billion people without reliable electricity, according to the International Energy Agency. The problem extends to businesses as well as households, cutting into productivity and growth. “We reduce the total cost of power by 30 percent,” said Charlotte Aubin-Kalaidjian, the founder and chief executive officer of GreenWish, who was formerly a managing director at Morgan Stanley Investment Management. “Smaller towers can run...

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