Madeline

  Government has revised the loan request to buy out electricity distribution company, UMEME, from over US$190 million, to over US$118 million. This was contained in the Special Audit Report for the end of lease and assignment between UMEME Limited and Uganda Electricity Distribution Company Limited (UEDCL) that was adopted during plenary sitting on Thursday, 27 March 2025. The report was tabled by the Minister of State for Finance, Planning […]

By: Selma Taapopi The Trade Union Congress of Namibia (TUCNA) is calling on the Presidency to overturn its decision to merge the labour and justice ministries. The union’s secretary-general, Mahongora Kavihuha, argues that the decision should be re-evaluated, citing the extensive scope of the labour ministry, which goes beyond labour relations. Kavihuha emphasised that it would be disingenuous to limit the mandate of the labour ministry to just labour relations. He […]

  Following reports tonight of the detention of First Vice President, Dr. Riek Machar, the United Nations Mission in South Sudan, calls on all Parties to exercise restraint and uphold the Revitalized Peace Agreement. “Tonight, the country’s leaders stand on the brink of relapsing into widespread conflict or taking the country forward towards peace, recovery and democracy in the spirit of the consensus that was reached in 2018 when they […]

  Government has proposed yet another tax exemption to Bujagali hydro power project that will see the power producer relieved of the burden up to 30 June 2032.   The proposal is contained in the Income Tax (Amendment) Bill, 2025 that was tabled for its first reading by the Minister of State, Finance, Planning and Economic Development (General Duties), Hon. Henry Musasizi. The Bill was tabled during plenary sitting, chaired […]

  Government has tabled before Parliament the Supplementary Appropriation Bill, 2025, aimed at allocating up to Shs4.8 trillion to critical priorities including defence, security and infrastructure. The Minister of State for Finance, Planning, and Economic Development (General Duties), Henry Musasizi, tabled the Bill on behalf of government during a plenary sitting chaired by Deputy Speaker Thomas Tayebwa on Thursday, 27 March 2025. According to the breakdown, the biggest portion of […]

By: Hertha Ekandjo Economist Omu Kakujaha-Matu has suggested that Air Namibia should explore partnerships with other airlines to ensure its survival and profitability. In a recent interview with NewsOnOne, Kakujaha-Matu emphasised that forming alliances with global carriers could provide the much-needed support to get the airline back on track. “In the face of new evidence suggesting profitability in the airline industry, one possible solution for Air Namibia is to explore […]

Aakwiita ya Cameroon yeli 12 oya dhipagelwa moshiponokela shuusiku womandaaha kongundu yuukulo yo IS koongamba na Nigeria,shiikwatelela ketanga lyopakwiita lya Cameroon. oshiponokela osha thigi wo aakwiita oyendji yeehamekwa nosha holoka momudhingoloko go Lake Chad pooha  nondoolopa Wulgo,shiikwatelela kuuministeli nena. Onzonkundana yo Africa news oya lopota kutya omanga kaapena ongundu yeya poluyela moshiponokela,aanambelewa oya fekele kutya osha ningwa kaakwiita yo Boko Harama nenge ongundu yawo yo IS.’ Ongundu yo Boko Harama,kwali […]

Aatamaneki taya kalelapo epangelo oyati oonkambadhala dhomupresitend omukulu Jacob Zuma eethiwe kaaha fute oo rand oomilio 28.9 dhoka ena dhiifuta yopaveta yepangelo oshili emanepo lyethimbo. Mo 2021,o Supreme Court of Appeal oya mono kutya Zuma kali ta vulu oku futilwa iifuta yopaveta kaafuti yoompale dhepangelo moshipotha she shokwaahalonga nuuyuki. O News24 oya lopota kutya momikanda dhompangu,epangelo olyati ngele Zuma ota ethiwa a zemo moshipotha,nena itashi lundulula oshinima shoka kutya iimaliwa […]

  Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has been recognized for its outstanding contributions to Africa’s financial and capital markets with six prestigious awards at the Global Banking&Markets Africa Awards 2025, presented during the Bonds, Loans&ESG Capital Markets Conference in Cape Town. These accolades underscore AFC’s pivotal role in landmark transactions that drive sustainable development and economic growth across the region. Award-Winning Transactions: Quasi-Sovereign/GRE Treasury&Funding […]