United Bank of Africa Breaks Into Profit League

[East African] It’s been a long eight-year wait for United Bank of Africa Uganda, a Nigerian-owned lender, to inch its way into the profit league by posting a modest Ush2.6 billion ($717,535) in 2016 from a net loss of Ush4.3 billion ($1.1 million) in …

[East African] It's been a long eight-year wait for United Bank of Africa Uganda, a Nigerian-owned lender, to inch its way into the profit league by posting a modest Ush2.6 billion ($717,535) in 2016 from a net loss of Ush4.3 billion ($1.1 million) in 2015.

source: AllAfrica News: Uganda

Auditor Alarmed By Tanesco’s Debts to Private Firms

[East African] Tanzania’s controller and Auditor-General has raised the red flag over the amount of money utility company Tanesco owes independent and emergency power producers, and is calling for cheaper sources of electricity to rescue the ailing com…

[East African] Tanzania's controller and Auditor-General has raised the red flag over the amount of money utility company Tanesco owes independent and emergency power producers, and is calling for cheaper sources of electricity to rescue the ailing company.

source: AllAfrica News: Tanzania

Govt Introduces Stricter Rules On Betting

[East African] The Ugandan government has moved to manage the effects of the lotteries and gaming industry on the youth by imposing stringent measures while trying to tap the easy revenues the industry is spawning.

[East African] The Ugandan government has moved to manage the effects of the lotteries and gaming industry on the youth by imposing stringent measures while trying to tap the easy revenues the industry is spawning.

source: AllAfrica News: Uganda

Inject More Money in Export Growth Fund – PSF

[New Times] There is need to inject more money in the export growth fund, for the government to see an improvement in economic growth and achieve its dream to decrease the gap between imports and exports, the Private Sector Federation said.

[New Times] There is need to inject more money in the export growth fund, for the government to see an improvement in economic growth and achieve its dream to decrease the gap between imports and exports, the Private Sector Federation said.

source: AllAfrica News: Rwanda

Finalists for Miss Geek Africa 2017 Competition Unveiled

[New Times] Five girls with innovative ideas have been selected as the finalists for the first ever Miss Geek Africa, a competition designed to inspire African girls to be part of solving the continent’s challenges using technology and encourage them t…

[New Times] Five girls with innovative ideas have been selected as the finalists for the first ever Miss Geek Africa, a competition designed to inspire African girls to be part of solving the continent's challenges using technology and encourage them to choose a career in Science, Technology, Engineering and Math.

source: AllAfrica News: Rwanda

Preparations for Bob Marley Anniversary Celebrations in High Gear

[New Times] It’s 36 years since legendary reggae music icon Bob Marley died. The Jamaican singer, songwriter and guitarist achieved worldwide fame for the messages of peace, love and unity that he blended in his music.

[New Times] It's 36 years since legendary reggae music icon Bob Marley died. The Jamaican singer, songwriter and guitarist achieved worldwide fame for the messages of peace, love and unity that he blended in his music.

source: AllAfrica News: Rwanda