Ex-Crane Bank Managers Likely to Face Criminal Proceedings

[Monitor] Kampala -Crane Bank may have been sold to dfcu Bank but all may not be over for the former top management and shareholders of the bank. On Friday, Bank of Uganda (BoU) revealed that they were now carrying out a forensic audit to establish why…

[Monitor] Kampala -Crane Bank may have been sold to dfcu Bank but all may not be over for the former top management and shareholders of the bank. On Friday, Bank of Uganda (BoU) revealed that they were now carrying out a forensic audit to establish why the bank became significantly undercapitalised in a space of less than a year.

source: AllAfrica News: Uganda

World Bank Loan for Rebuilding the North-East

[Guardian] The North-East of Nigeria, following its destruction by the Boko Haram insurgents, needs all the resources that can be mustered for its rebuilding, reconstruction and renovation (RRR). Having endured the carnage brought upon the area by the …

[Guardian] The North-East of Nigeria, following its destruction by the Boko Haram insurgents, needs all the resources that can be mustered for its rebuilding, reconstruction and renovation (RRR). Having endured the carnage brought upon the area by the terrorists, the internally displaced people of the states of Adamawa, Borno and Yobe deserve a much better habitable environment and a new life worth living.

source: AllAfrica News: Nigeria

Dynamos Transfer List Four Senior Players

[New Zimbabwe] DYNAMOS have transfer-listed four of their senior players headlined by striker Rodreck Mutuma as they look to rebuild a team decimated by the departure of several of their stars.

[New Zimbabwe] DYNAMOS have transfer-listed four of their senior players headlined by striker Rodreck Mutuma as they look to rebuild a team decimated by the departure of several of their stars.

source: AllAfrica News: Zimbabwe

You’ll Be Ok, Govt Tells South Africa-Based Zimbabweans

[News24Wire] Pretoria has told Zimbabwe that “acts of a xenophobic nature” will be dealt with decisively amid fresh fears of attacks on foreigners, a Zimbabwe government minister was quoted as saying Sunday.

[News24Wire] Pretoria has told Zimbabwe that "acts of a xenophobic nature" will be dealt with decisively amid fresh fears of attacks on foreigners, a Zimbabwe government minister was quoted as saying Sunday.

source: AllAfrica News: South Africa

Entebbe Airport Gets Quality Certification

[Monitor] Entebbe -Entebbe International Airport and Civil Aviation Authority have received the ISO 9001:2008 Quality Management Systems (QMS) certificate making Uganda the third country in Africa after Ghana and Tanzania to receive the internationally…

[Monitor] Entebbe -Entebbe International Airport and Civil Aviation Authority have received the ISO 9001:2008 Quality Management Systems (QMS) certificate making Uganda the third country in Africa after Ghana and Tanzania to receive the internationally recognised certification by the United Kingdom Accreditation Service (UKAS).

source: AllAfrica News: Uganda

Frivolity, Duplications May Mar Budget Plans

[Guardian] With considerations for the 2017 budget proposals about to begin by the National Assembly, the civil society groups and experts have said that the expected change in the economy may not be realised with the level of duplications and frivolit…

[Guardian] With considerations for the 2017 budget proposals about to begin by the National Assembly, the civil society groups and experts have said that the expected change in the economy may not be realised with the level of duplications and frivolity in the fiscal plan.

source: AllAfrica News: Nigeria

The Oil Cash Bonanza Was No ‘Golden Handshake’

[Monitor] The term “golden handshake” has been used in business circles since the 1960s. It originated in Britain although it is now more associated with the United States. A golden handshake is paid to high ranking executives and in most cases it is s…

[Monitor] The term "golden handshake" has been used in business circles since the 1960s. It originated in Britain although it is now more associated with the United States. A golden handshake is paid to high ranking executives and in most cases it is spelt out in their employment contracts; giving them a significant severance pay package in case they lose their jobs through "firing, restructuring or even scheduled retirement". It is actually a generous send off, "weraba, kwaheri, bye bye". In other words you don't s

source: AllAfrica News: Uganda