DAVOS, Switzerland | Xinhua | The 54th annual meeting of the World Economic Forum (WEF) in Davos unfolded this week amid hope for a stronger recovery as well as concerns over global crises and risks. Prior to its opening, news came from across the Atlantic: Former U.S. President Donald Trump …

Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda (BoU) on Friday, took a decisive step by utilizing its authority as outlined in Sections 72 (1) and 12 (1) (d) & (g) of the Microfinance Deposit-taking Institutions (MDI) Act, 2003, as amended, to officially initiate the liquidation process for Entrepreneurs …

Kampala, Uganda | THE INDEPENDENT | Members of Parliament on the Budget Committee tasked the government to justify the continuous capitalization of Uganda National Airlines, following the proposal to increase the airline’s budget in the 2024/2025 financial year. The budget increase is entailed in the report of the Committee on Physical …

Kampala, Uganda | THE INDEPENDENT | As tensions escalate in the Sudanese conflict, key members of the Intergovernmental Authority on Development (IGAD) are gathered in Uganda to deliberate on the ongoing crisis. The meeting, taking place at State House Entebbe and hosted by President Yoweri Museveni, also aims to address the …

ADDIS ABABA, ETHIOPIA | Xinhua | More than 3.45 million people are displaced in Ethiopia, with more than half of them displaced due to conflict, according to a new report of the International Organization for Migration (IOM), a UN agency. The IOM, through its latest Ethiopia National Displacement Report released …

Kampala, Uganda | THE INDEPENDENT | The She Cranes, Uganda’s national netball team, are gearing up for a challenging opening match against England tonight in the Vitality Netball Cup at the Ovo Arena in Wembley, England. The team enters the tournament with confidence after securing a 2-1 victory against Welsh Feathers …

Kabale, Uganda | THE INDEPENDENT | The mainstream Forum for Democratic Change (FDC) faction based at Najjanankumbi led by Jack Sabitti and Robert Centenary has initiated a fresh grassroots mobilization strategy in Western Uganda while exploring avenues for reconciliation with the Katonga faction. The faction aims to strengthen party support and …

Kampala, Uganda | THE INDEPENDENT | Delegations of at least 80 development finance instructions (DFIs) from Africa are due in Kampala next week for a benchmarking tour on Sustainability Standards. The benchmarking visit is organized under the umbrella African Association of Development Finance Institutions (AADFI) in cooperation with the European Organisation …

Kampala, Uganda | THE INDENPENDENT | ActionAid International  is urging countries including Uganda to impose taxes on surplus profits earned by fossil and the banking sectors. ActionAid International says a surplus profit technically known as a Windfall profit tax could generate as much as US$382 billion in revenue, an amount that …

LOS ANGELES, North America | Xinhua | SpaceX and Axiom Space launched the third private astronaut mission to the International Space Station (ISS) on Thursday, as part of NASA’s efforts to open access to space. The mission, codenamed Axiom Mission 3 (Ax-3), is the first all-European commercial astronaut mission to …