London, United Kingdom | AFP | Central banks have bought the most gold in nearly 50 years as the precious metal profits from its safehaven status, the World Gold Council said Thursday, amid trade tensions and Brexit uncertainty. The banks added 651.5 tonnes to official gold reserves in 2018, up 74 …
Read More »Latest Brexit votes: What happened?
London, United Kingdom | AFP | British MPs on Tuesday voted on a series of amendments seeking to show what they want as Brexit approaches on March 29, with Britain currently on course to crash out of the EU without a withdrawal deal. Earlier this month, they rejected the agreement Prime …
Read More »33 YRS LATER: ‘NRM is a power relation-enjoyment of power’
‘Independence is about Africans rediscovering themselves’ NRM programme point No.4: Defending and consolidating National Independence James Magode Ikuya is a political activist who has worked with UPC, FRONASA and NRM. He spoke to Ian Katusiime about consolidating national independence, one of the ten point programmes outlined by NRM when it …
Read More »Huawei’s founder faces fight for company and family
Beijing, China | AFP | Huawei founder Ren Zhengfei survived food shortages during China’s Cultural Revolution, but now the reclusive billionaire identified as “Individual-1” in a US indictment faces an existential fight for his family and company. Ren, 74, founded Huawei in 1987 with just 21,000 yuan ($5,600) and watched …
Read More »A last throw of the Brexit dice for Britain’s May
London, United Kingdom | AFP | Theresa May’s bid to reopen the Brexit deal could be a final throw of the dice or another delay to get MPs to back it — but either way, she is running out of options. Analysts have warned of the growing risk of Britain …
Read More »‘Significant progress’ expected in China trade talks: US official
Washington, United States | AFP | The United States hopes to make “significant progress” during high-stakes trade talks with Chinese officials this week, US Treasury Secretary Steven Mnuchin said Tuesday. Beijing and Washington have a month remaining in a 90-day truce declared in December before US tariffs on hundreds of billions in Chinese exports are …
Read More »33 YEARS LATER: An economic cancer harming EAC relations
Just like a prophet, Museveni is more trusted elsewhere than in his home NRM programme point No.9: Co-operation with other African countries Fred Mukasa Mbidde is a member of the 3rd East African Legislative Assembly representing the republic of Uganda. He sits on three committees, committee of communication; trade and …
Read More »Guardiola not giving up on title bid despite Newcastle loss
Newcastle, United Kingdom | AFP | Pep Guardiola insisted Manchester City’s title hopes were still intact despite admitting Liverpool are poised to take a significant lead in their two-way battle for the Premier League crown. Manchester City’s Premier League title challenge was rocked by a stunning 2-1 defeat at Newcastle, …
Read More »Race for ‘hypersonic’ weapons heats up as France joins fray
Paris, France | AFP | World powers are vying to develop so-called “hypersonic” weapons that travel several times the speed of sound, with France the latest to join a field led so far by Russia and China. Hypersonics are like missiles that travel at over five times the speed of …
Read More »Fear of Boko Haram attack sees 30,000 flee Nigerian town: UN
Kano, Nigeria | AFP | More than 30,000 people have fled the northeast Nigerian town of Rann and across the border to Cameroon in recent days because of fears of renewed Boko Haram attacks, the UN, civilian militia and residents said on Tuesday. The latest mass movement comes as the world body voiced renewed concern …
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