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African Development Bank launches new Transaction Guarantee to support SMEs and trade in Africa

Abidjan, Ivory Coast | THE INDEPENDENT |   The African Development Bank (AfDB), through its Financial Sector Development’s Trade Finance operations, has launched a Transaction Guarantee instrument designed to provide up to 100% cover for non-payment risk to regional and international banks, for trade transactions initiated by local banks in Africa. The …

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Uganda denies interfering in Kenyan politics

Kampala, Uganda | THE INDEPENDENT | The government of Uganda has denied that President Yoweri Kaguta Museveni is interfering in the internal politics of Kenya. Speaking to journalists at the Uganda Media Centre in Kampala today, the Minister of State for Foreign Affairs Henry Okello Oryem said Uganda’s foreign policy is …

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Kampala traders stuck as landlords demand rent arrears

Kampala, Uganda | THE INDEPENDENT | A number of traders have been blocked from accessing shops in arcades around Kampala as landlords demand rent arrears. Many of the traders were locked out of the buildings in June when President Yoweri Museveni announced a 42-day lockdown to help the country deal with …

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Foot and Mouth disease hits Nwoya district

Nwoya, Uganda | THE INDEPENDENT | Livestock keepers in Nwoya are counting losses following an outbreak of Foot and Mouth Disease-FMD in the district. This is the second outbreak in the district since 2014. The outbreak was detected in June this year and has affected the sub-counties of Anaka, Lungulu, Purongo, …

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Pastor, Imam sue gov’t over continued closure of worship places

Kampala, Uganda | THE INDEPENDENT | The government has been sued for the continued closure of places of worship. In June, President Museveni directed the closure of worship places to contain the spread of Covid-19. On Friday, Museveni eased the lockdown by opening some public places but directed that places of …

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