Wednesday 23 August 2017
(New Vision 05/04/17)
Core inflation, a component of overall headline inflation which strips out food, fuel, metered water and electricity prices hit 4.9% from 4.7% Year-on-year headline inflation has hit 6.8% at the end of April from 6.4% in March on the back of higher vegetable prices, the Uganda Bureau of Statistics (UBOS) said on Friday. Core inflation, a component of overall headline inflation which strips out food, fuel, metered water and electricity prices hit 4.9% from 4.7% after most parts of Uganda experienced a prolonged drought from 2016, affecting food prices in most markets. Alpha Capital Partners’ Stephen Kaboyo noted that there is a general underlying trend of building cost pressures that are feeding through from the harsh weather conditions in the...
(Daily Monitor 05/04/17)
Kampala — Uganda and Tanzania trail behind the rest of the East African countries on the score card sheet when it comes to the implementation of gender policies and law, a new study reveals. The report titled: "The EAC Pilot Gender Barometer and Challenges in Information Gap" score card is largely based on how citizens perceive governments in terms of existence of laws and policies and their effective implementation. The report launched on May 5, in Kampala during the East Africa Community (EAC) multi-stakeholder dialogue on gender equality, reveals that Rwanda scored highest in terms of commitments to gender equality laws and implementation with an average score of 76 per cent, Burundi at 53 per cent, Tanzania at 52 per...
(Xinhuanet 05/04/17)
The World Economic Forum (WEF) Africa Competitiveness Report 2017 released in Durban Thursday called for urgent policy reforms if the continent intends to create more jobs for its growing young population. According to the report issued at the 27th WEF on Africa, fewer than one-quarter of the 450 million new jobs required in the next 20 years will be created if current policies remain unchanged. The report called for structural reforms in the economies to create more jobs for the youth entering the market. African countries have to prioritize improving infrastructure, skills and adoption of new technology and quality of institutions. To improve competitiveness in the short term Africa needs to increase housing construction through investment, better urban planning and...
(Voice of America 05/03/17)
African military expenditures have finally slowed down after more than a decade of steady increases, according to a new report on global defense spending. The main reason, the report found, is a drop in oil prices. “The sharp decreases in oil prices has affected quite a number of African countries, namely South Sudan and Angola. This has kind of driven almost the entire regional trend,” said Nan Tian, a researcher at the Stockholm International Peace Research Institute’s (SIPRI) Arms and Military Expenditure Program, the organization that authored the report. The SIPRI report found military spending in Africa in 2016 was down by 1.3 percent from the previous year and totaled about $37.9 billion. Despite the drop, Africa’s military spending remains...
(The Observer 05/02/17)
Egyptian foreign minister, Sameh Shoukry is to meet Ugandan President, Yoweri Museveni to discuss management of the R.Nile waters. According to a brief statement released by the Egyptian foreign ministry, Shoukry will deliver a letter to the president from his Egyptian counterpart, Abdel-Fattah El-Sisi, on dealing with water-security issues and the Nile Basin Initiative (NBI). The meeting is also aimed at boosting bilateral cooperation between Uganda and other countries within Nile Basin. In March, Mohammed Abdel-Atti, Egypt's minister of Water Resources and Irrigation attended the extraordinary Nile Council of Ministers (Nile-Com) where Egypt's demand for greater control of activities related to the flow of the river Nile were rejected. Sam Cheptoris, the Nile-Com chairman, also Uganda's minister of Water and...
(Bloomberg 05/02/17)
Saudi Aramco is seeking to boost its fuel-trading volume by more than a third as the world’s biggest crude exporter expands its capacity to refine oil to grab a bigger share of growing markets in Asia and Africa. Aramco, as Saudi Arabian Oil Co. is known, is building refineries in the kingdom and in Asia to help it increase sales and purchases of gasoline, diesel and other products to more than 2 million barrels a day, said Ibrahim Al-Buainain, chief executive officer of Saudi Aramco’s trading unit, Saudi Aramco Products Trading Co. Owning refineries gives the unit, known as Aramco Trading Co., options for buying and selling fuel that some of its competitors don’t have. “The key is that you...
(The Observer 04/28/17)
In a revealing testimony to a Parliamentary committee investigating the controversial Shs 6 billion cash reward to 42 senior government officials, President Museveni said he has had to endure ever since "he discovered oil in 2006", according to a source. Behind closed doors on Wednesday at State House, Entebbe, Museveni testified before Parliament's committee on Commissions, Statutory Authorities and State Enterprises (COSASE) that is investigating the cash reward, which was christened the "presidential handshake." Museveni told MPs that the issue they were investigating was not a small one because ever since the discovery of oil in 2006, it has been a source of big fights which drew in several African presidents. He named South Africa's Jacob Zuma whom he said...
(Daily Monitor 04/28/17)
Kampala — Former presidential candidate Dr Kizza Besigye re-appears before Nakawa Chief Magistrates Court this morning for the routine mention of his treason case. The State is expected to update the court and other concerned parties including Dr Besigye on how far police investigations into the treason case have gone. Should the State inform the court that they are done with investigations; the four-time presidential candidate will be sent to the High Court to stand trial. On the contrary, prosecution will ask court for an adjournment to a later date to enable them tie the loose ends in investigations. The court is also expected to extend the bail of the former Luweero bush war fighter for the next one month...
(Daily Monitor 04/28/17)
Kampala — Uganda is looking to tap into Equatorial Guinea's experience of oil production, in order to build its own capacity before oil production starts. Speaking at the Joint Oil and Gas Convention and Regional Logistics Expo at the Kampala Serena Hotel, on Thursday, country's President Teodoro Obiang Nguema Mbasogo, who wrapped up his visit to Uganda shorty after speaking at the conference, said they had agreed with President Museveni of Uganda on areas of corporations especially in the petroleum sector. Equatorial Guinea which produces 300,000 barrels per day has been an oil producing country for the last 20 years. "This visit has actually enabled us to identify a number of important areas for economic cooperation for the two countries,...
(Voice of America 04/28/17)
A low-cost and widely available drug could save the lives of 1 in 3 mothers who would otherwise bleed to death after childbirth, according to a new study. Severe bleeding, known as postpartum hemorrhage, or PPH, is the leading cause of maternal death worldwide, killing more than 100,000 women every year. Even for mothers who survive, it is a painful and traumatic experience. The world's poorest countries, especially in Africa and India, are the worst hit. Drug from 1960s But there is new hope. In the 1960s, Japanese researchers developed a drug called tranexamic acid, which works by stopping blood clots from breaking down. But they could not persuade doctors to try the drug for treating PPH. The London School...
(Voice of America 04/27/17)
This month saw hundreds of Ugandan shop owners march in Kampala against Chinese traders. Local merchants and some city officials want foreigners barred from petty commerce. The government has promised to address the long standing tensions. Inexpensive Chinese goods are common in the markets of downtown Kampala, where locals operate small businesses selling the imported merchandise. But it has also become increasingly common for Chinese in Uganda to set up shops selling the same items, only cheaper. Local shop owner Everest Kayondo, the Kampala Capital City Traders Association chairman
(Geeska Afrika 04/27/17)
Trade and Logistic note Opinion By Mark Keith Muhumuza (The Monitor). Uganda is considered a cheaper cargo route for goods bound to South Sudan, than the direct route to from Mombasa to Juba. This was revealed by Mr Richard Kamajugo, the senior director for trade development at TradeMark East Africa while giving a keynote speech at the opening of the joint oil and gas convention and regional logistics expo at the Kampala Serena Hotel on Tuesday. He said this was an opportunity for Uganda to leverage if it was to be a hub for logistics within East Africa. “When I looked at the numbers, I saw something which I think we need to build on and grow. That the cost...
(Business Day Ghana 04/27/17)
There are currently 960 million mobile subscriptions across Africa – an 80 percent penetration rate among the continent’s population. Internet penetration is at 18 percent with 216 million internet users, according to the latest Jumia mobile trend report for Africa. The 2017 edition of the African Mobile Trends Paper is the third white paper presentation from Jumia delving into mobile trends across Africa and specifically Nigeria. The study takes a look at the how the market has democratised mobile internet use, the consumer behaviours driving increased smartphone adoption and the role of mobile brands, mobile operators and m-commerce in creating a synergy of an enhanced customer experience. This year’s Mobile Africa Study was carried out in 15 African countries which...
(AFP (eng) 04/26/17)
US special forces on Wednesday began to pull out from Central Africa, ending a five-year hunt for brutal LRA warlord Joseph Kony, who is wanted for crimes against humanity. The departure of the troops sent in to support an African Union regional force "will be completed a short while after it begins on April 26", Charles Prichard, spokesman for the US Africa Command (AFRICOM), told AFP. "A small contingent of US military personnel will continue to work in the area to complete logistical tasks... such as removing equipment. Those tasks will be completed by September 2017," he added.
(The Observer 04/26/17)
A World Bank study has singled out Uganda and Seychelles as the two countries with the most efficient power utilities in sub-Saharan Africa. The 2017 study, which surveyed 39 sub-Saharan countries, compared cash collected from bills sent out with the total costs of supply--broken down into operational and capital expenditures--per kilowatt hour (kWh) billed. "The findings show that only Seychelles and Uganda fully covered both operational and capital expenditures," said the report, noting that it did not take into account system expansion. Poor performance of utility firms has an impact on the power output, which could mean the country could be receiving less power than the installed capacity in place, ultimately leading to rationing. Inefficient utilities are said to suffer...
(New Vision 04/26/17)
The items were donated by the China Red Cross Society and channelled to Uganda through the China Sinopharm International Corporation. The Chinese Embassy in Uganda has handed over items worth $202,300 (sh1b) to Uganda Red Cross Society. The items were donated by the China Red Cross Society and channelled to Uganda through the China Sinopharm International Corporation, a privately owned company that coordinated the transportation of the goods up to the final recipient (Uganda Red Cross Society). The donated items include: 300 Unlined Tents, 900 Blankets, 500 Sleeping Bags, 200 Tarpaulins, 500 Cups, 500 Plates, 6 Examination beds, 6 delivery tables, 6 Electronic Sphygmomanometers, 6 Stethoscopes, 6 Autoclaves, 6 Weight Scales, 50 Wheel Chairs, 6 operating tables, 10 Desktop Computers,...
(Xinhuanet 04/26/17)
The Belt and Road (B&R) Initiative is a golden opportunity to bring about regional integration and sustainable economic growth for Africa, said Berhane Gebre-Christos, special envoy of the Ethiopian Prime Minister, on Tuesday. The special envoy made the remarks at the opening of a seminar organized on the B&R Initiative in Ethiopia's capital Addis Ababa. Welcoming the initiative, the special envoy said he is looking forward to the expected effects of the initiative. "The B&R is a project that will affect millions of people, and it will be one of the most important issues of the 21st century," he said, adding that the comprehensive approach of China means that the aspirations and development strategies of all countries involved will be...
(AFP (eng) 04/25/17)
Key dates in the history of Uganda's brutal Lord's Resistance Army (LRA), which the United States and Uganda have decided to stop hunting down, saying the rebels have been neutralised. One of Africa's longest-surviving rebel groups, the LRA has terrorised parts of central Africa for 30 years, becoming notorious for mutilations, massacres, kidnappings, and the forced enrolment of children. - January 1987: a year after the takeover of Uganda by rebel leader Yoweri Museveni, voodoo priestess Alice Auma Lakwena takes up arms to topple the new regime. Her Holy Spirit Movement is defeated at the end of 1987. - 1988: Joseph Kony, presented as Lakwena's cousin...
(AFP (eng) 04/24/17)
A new malaria vaccine will be tested on a large scale in Kenya, Ghana and Malawi, the World Health Organization said Monday, with 360,000 children to be vaccinated between 2018 and 2020. The injectable vaccine RTS,S could provide limited protection against a disease that killed 429,000 people worldwide in 2015, with 92 percent of victims in Africa and two-thirds of them children under five. "The prospect of a malaria vaccine is great news. Information gathered in the pilot will help us make decisions on the wider use of this vaccine," said Dr Matshidiso Moeti, the WHO's regional director for Africa. The vaccine should be used alongside other preventative measures such as bed nets, insecticides, repellants and anti-malarial drugs, the WHO...
(AFP (eng) 04/22/17)
Thirteen people have been indicted including on terrorism charges over the murder of Uganda's second most prominent policeman, killed outside his house last month, police said Saturday. Assistant Inspector General of Police Andrew Kaweesi, who served as the force's spokesman and was one of the country's most high-profile officers, was killed on March 17 along with two other officers. The suspects appeared before a magistrate's court in Kampala on Friday. "The police arraigned 13 suspects before the court. They were charged with terrorism, murder and aggravated robbery," police spokesman Asan Kasingye told AFP Saturday.

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