Uganda Forwards Audit on USh 60bn Central Bank Heist to CID
Uganda's legislature has forwarded the Auditor-General's report on the UShs 60bn (US $ 16.23mn) Bank of Uganda heist to the Directorate of Criminal Investigations for further investigations. “Looking at the [...]
Canadian Entrepreneur Acquires KK Security's Parent Company
The Competition Authority of Kenya (CAK) has approved the proposed acquisition of Doctor No Parent Limited the parent company of KK Security by Canadian entrepreneur Stephan Crétier. “This [...]
Kenyan Exports to Rwanda Overtake Tanzania’s amid Dar-Kigali Trade War
The value of Kenyan exports to Rwanda grew by over 240% from US$35.56 million in September to US$121.4 million in October, according to the new statistics from Kigali. “The deficit [...]Jubaland and Mogadishu Standoff Escalates after Ahmed Madoobe Reelected President
A brewing standoff between the Federal Government of Somalia and the Jubaland State over the latter's decision to defy a switch to one-man one-vote electoral system is nearing armed confrontation, [...]
COMESA's Proposes Quick Fixes to Address High Vegetable Oil Prices
The Common Market for Eastern and Southern Africa (COMESA) is mulling a couple of measures to contain the runaway prices of refined vegetable oil in the region. “These increases happened [...]Kenya Lobbies Regional Peers to Adopt Digital Service Tax in Revenue Chase
Kenya is committed to introducing the Significant Economic Presence (SEP) tax which will target the digital marketplace and is lobbying its partners in the East African Community (EAC) to add [...]Blame Game as Sudan War Escalates into Global Proxy Conflict
The paramilitary Rapid Support Forces of Sudan (RSF) is putting its enemy, the Sudanese Armed Forces, at the center of suffering of millions of Sudanese claiming they are not committed [...]Mombasa Port Records 14% Cargo Jump, Uganda Major Mover
The Port of Mombasa recorded a 14% increase in cargo handled from January-October period with Uganda contributing to bulk of the performance. “Uganda was mainly responsible for the increase in [...]EAC Validates Harmonized Data Governance Framework
EAC member states are set to move forward with the implementation of a harmonized data governance system following the validation of a regional policy framework. “Data is at the heart [...]Mpox Outbreak: East African Community Deploys Experts, US Deploys Test Kits
The East African Community (EAC) has deployed its Rapidly Deployable Expert (RPE) Pool to help combat the ongoing Mpox virus outbreak in the region. These outbreaks pose substantial challenges to [...]UAE Diplomat's Residence Attacked in Sudan
The United Arab Emirates (UAE) has condemned an attack on its diplomat's residence in Khartoum, after a Sudanese army aircraft attacked the building in what Abu Dhabi termed a cowardly [...]Tanzania's Central Bank Tightens Regulations on Digital Lenders
The Bank of Tanzania (BoT) has published regulations to protect borrowers from abusive digital lending practices of tier-2 microfinance institutions, as well as improving transparency in the sector. A microfinance [...]
