Kampala, Uganda | THE INDEPENDENT | Commercial banks have recorded a mixed bag of fortunes over the last one year, according to financial reports released today. The financial results released today show a decline in profits for some banks and microfinance deposit-taking institutions and losses for others. Banks that reported losses …

Kampala, Uganda | THE INDEPENDENT | Kalangala district local government has lost 105 million Shillings in taxes this month alone, as a result of due to the absence of MV Kalangala, a ferry that plies the Entebbe Kalangala route. Kalangala district chairperson Willy Lugoloobi says the vessel which carries up to …

Seoul, South Korea | AFP | South Korean President Moon Jae-in on Monday played down the prospect of winning the Nobel Peace Prize for his historic summit with North Korea’s leader Kim Jong Un, saying Donald Trump can have it instead. Friday’s summit between Moon and Kim has been hailed …

Cairo, Egypt | AFP | An image rights storm that has seen star Mohamed Salah lash out at Egyptian football authorities is on the way to being settled, the Liverpool playmaker has signalled. “We were promised a solution and God willing the issue is on its way to being resolved,” …

Moroni, Comoros | AFP | Comoros President Azali Assoumani is considering announcing and contesting nationwide elections in 2019 if a controversial constitution-altering referendum is passed in July, one of his advisers said Monday. Assoumani is believed to be seeking to consolidate his power with the constitutional changes so that he …

Los Angeles, United States | AFP | “Avengers: Infinity War” took in $630 million in its first weekend, the highest global opening of all time, industry estimates showed on Sunday. “The latest Marvel juggernaut… opened with $630M worldwide, making it the largest global weekend tally in the history of film, and …

N’Djamena, Chad | AFP | Chadian lawmakers vote Monday on a controversial change to the constitution that will bolster President Idriss Deby’s powers and which opposition groups warn will damage democracy in the landlocked African state. The text, which received the green light from the government earlier this month, must …

Dhaka, Bangladesh | AFP | The UN Security Council will press Myanmar to ensure that Rohingya who fled the country can return home in safety and freedom, an envoy said Monday after UN diplomats ended a tour of Bangladesh’s refugee camps. “This is a humanitarian crisis and a human rights …

Antananarivo, Madagascar | AFP | Madagascar’s President Hery Rajaonarimampianina on Sunday refused to yield to opposition demands that he resign from office, following eight days of anti-government protests in the capital. “I am president by the will of the Malagasy people. There are millions of people who voted for me, it …

Domasi, Malawi | AFP | Malawi’s former president Joyce Banda said Sunday she was not afraid of being arrested despite an outstanding warrant over corruption allegations, a day after she returned home from four years in self-imposed exile. “I am not afraid. If they want they can come and arrest me …