Category: East Africa
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Uganda: Mutebile, Government Disagree Over Printing Bank Notes
A multi-billion currency printing deal to a German firm has put President Museveni, Finance minister Matia Kasaija and other senior government officials against Central Bank Governor, Emmanuel Tumusiime-Mutebile. Daily Monitor investigations suggest that the Governor is opposed to the deal and has listed the dangers of printing the money in Uganda. Although the President, Mr…
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Uganda: CAA Seeks to Back AG in Besigye Entebbe Airport Case
The Civil Aviation Authority (CAA) has petitioned the High Court in Kampala, seeking to join Attorney General as a party to a case filed by former presidential candidate Dr. Kizza Besigye over his right to free movement that he says was violated on October 3 at Entebbe Airport. According to John Kagoro, CAA’s Director Airports…
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Tanzania: Live Animal Export Ban Clarified
The government’s three-year ban on exportation of live animals was clamped following rampant cheating and abuse of conditions specified on permits, which resulted to massive loss to the state in terms of revenue and animal resources. However, the government is considering paying consolation payouts to affected traders after a rigorous verification of their claims. The…
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Volkswagen to open plants in Kenya, Rwanda
Volkswagen on Wednesday inaugurated a vehicle production facility in Kenya and revealed plans to start assembling cars in Rwanda by end 2017. The Government of Rwanda signed a memorandum of understanding (MoU) with Volkswagen Group for a new integrated mobility concept Wednesday evening. The signing took place at the Marriot Hotel. According to a statement…
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Tanzania: Cashew Development Fund Axed
Agriculture, Livestock and Fisheries Minister Charles Tizeba has suspended the Cashewnut Industry Trust Development Fund (CIDTF) effective yesterday over allegations of mismanagement and sabotage of the cash crop’s development. Dr Tizeba told reporters in Dar es Salaam yesterday that the suspension was an outcome of extensive consultations amid growing concerns on the fund’s performance. “The…
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Tanzania: Ban On Export of Live Animals Remains Intact
The ban on the exports of live animals remains intact unless all procedures are strictly observed, the government said yesterday. The Natural Resources and Tourism Minister, Professor Jumanne Maghembe, told traders dealing with transportation of live animals that the three-year ban was a legitimate government decision, which is not likely to change soon. “This ban…
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Ethiopia, Algeria Agree to Enhance Business Ties
State Minister Hirut Zemene dubbed Ethio-Algerian relations ‘very fraternal’. Foreign State Minister Hirut Zemene discussed ways of improving economic cooperation with her Algerian counterpart Ramtane Lamamra in Oran, Algeria Sunday. In a statement to the press after the meeting, Hirut said the talks focused on improving bilateral consultations. “We have agreed to further develop our…
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Europe to re-examine ties with Congo
France’s foreign ministry called for the European Union to re-examine its relations with Democratic Republic of Congo after President Joseph Kabila failed to step down when his mandate expired on Monday. “After the constitutional mandate of President Kabila ended, France is concerned by reports of arrests as well as violence in Kinshasa and Lubumbashi,” spokesman…
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Burundi edges closer to the abyss
Burundi’s President Pierre Nkurunziza was hardly a household name. That was before he turned his country into a hellhole following his unconstitutional decision in 2015 to run for a third term. Burundi is an overpopulated and immensely corrupt state. It shares much the same ethnic map as Rwanda. But it hardly attracted a fraction of the…
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Uganda: A Kilogramme of Sugar Hits Shs5,000
The price of a kilogramme of sugar has hit Shs5,000, making it hard for the ordinary people to consume it at the time when the economy is suffering low activity. The kilogramme of sugar has jumped by Shs1,500 from Shs3,500 that has sparked fear that prices of other products such as bread, whose ingredients include…