How it handles conflict of interest will enhance or sink corporate governance in capital markets COMMENT | SILVER KAYONDO | A few weeks ago, the Uganda Stock Exchange (USE) confirmed it had received formal approval from the regulatory body, the Capital Markets Authority (CMA) to operate a demutualised stock exchange. This …

Harare, Zimbabwe | AFP | Zimbabwe’s President Emmerson Mnangagwa three days after his inauguration has dissolved the cabinet of his predecessor Robert Mugabe, who resigned after the military took control of the country, a senior government official said Monday. Mnangagwa “is in the process of putting together a new team of …

Abuja, Nigeria | AFP | Sierra Leone’s President Ernest Bai Koroma unlawfully dismissed his vice president after he was expelled from the ruling party, a West African regional court said on Monday. Samuel Sam-Sumana was kicked out of the All People’s Congress (APC) in March 2015 on suspicion of fomenting violence, …

Banjul, Gambia | AFP | A Gambian military court on Monday charged 10 soldiers with treason and mutiny for plotting to overthrow the country’s newly elected government in July, and two more with helping a sergeant evade arrest. Elements of The Gambia’s armed forces are known to have maintained support for …

United Nations, United States | AFP | The UN Security Council must take stronger measures, possibly including sanctions, to put a stop to slave auctions in Libya, the French ambassador said Monday. France has requested an urgent meeting of the council for Tuesday, a week after the top UN body held …

Kinshasa, DR Congo | AFP | Influential bishops in the Democratic Republic of Congo on Monday urged President Joseph Kabila to pledge he will not seek a third term in office in order to ease fears of unrest. Roman Catholic bishops last year helped broker a deal under which elections …

Lome, Togo | AFP | Togo’s president, Faure Gnassingbe, said he remains convinced of national unity after a weekend visit to the country’s second city that was hit by anti-government protests. Gnassingbe revealed on Sunday evening he had travelled to Sokode — the home city of Tikpi Atchadam, who has …

Kampala, Uganda | THE INDEPENDENT | Jumia Food has unveiled Jumia Party – a new 1 hour alcohol delivery service App in Kampala. This follows a partnership with Pernod Ricard, the world’s producer of wines and spirits. The new app gives users access to a full marketplace of spirits, wines, beers …

Kampala, Uganda | THE INDEPENDENT | Amos Bagumire, a Ugandan corporate consultant, has been recognized by CEO Global for his exceptional performance in a filtering process overseen by KPMG, the international financial services firm. Bagumire, the managing director of ABS Consulting Group was announced continental winner of the CEO Global Titan …

Kampala, Uganda | THE INDEPENDENT | Kenya’s national carrier, Kenya Airways, has a recorded 20.5% drop in losses to Ksh3.8bn for the six months to September compared with the same period a year earlier citing reduced costs. The carrier said its operating costs reduced from Ksh53.799bn to Ksh53.075bn during the same …