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TDB, partners commits $1m to agribusiness SMEs in East Africa

TDB, partners commits $1m to agribusiness SMEs in East Africa

Business, Latest News
The Eastern and Southern African Trade and Development Bank (TDB) SME Programme announced the signing of an initial 4-year senior/ mezzanine debt facility of $1 million to be managed by Grassroots Business Fund (GBF), to finance agribusiness SMEs in Kenya, Tanzania and Uganda. The facility will focus on women or youth-led missing middle SMEs operating in the agricultural sector with solid managerial foundations and high potential for social impact. The transaction is enhanced with a partial risk guarantee from the African Guarantee Fund (AGF) of 50% with up to 75% in the case of women-led SMEs. The facility will be blended with two technical assistance contributions from TDB and AGF totalling $110,000 for the execution of mutually agreed upon co-funded investee capacity building activitie...
Shock As Burundi President Nkurunziza Dies Of Poisoning Few Days After Election

Shock As Burundi President Nkurunziza Dies Of Poisoning Few Days After Election

FEATURED, Latest News
By Keefa Nuwahereza Severe shock has gripped Bujumbura and the entire republic of Burundi after outgoing president Pierre Nkurunziza died of cardiac arrest, although some sources are pointing at possibility that he could have been poisoned. Nkurunziza, aged 55, died after reportedly  suffering a cardiac arrest, the government said on Tuesday, although some sections of politicians in the country have since rubbished the cardiac arrest rumours, contending that he might have been poisoned, because of the way his death came so suddenly. We have learnt that he was admitted to hospital on Saturday after feeling unwell, although his condition improved later on. But on Monday he reportedly suffered a cardiac arrest and efforts to revive him were unsuccessful, the government said in a st
Gen. Muhoozi Raises Eyebrows As He Asks Gov’t To Erect Statues For Rwandan President Kagame

Gen. Muhoozi Raises Eyebrows As He Asks Gov’t To Erect Statues For Rwandan President Kagame

FEATURED, Latest News
By Elite Reporter The First Son Lt. Gen. Muhoozi Kainerugaba, who is also the Presidential Advisor on Special Operations, has proposed to government to build statues in remembrance of Rwandan President Paul Kagame, Ugandan President Yoweri Kaguta, plus bush war heroes Gen. Salim Saleh and late Col. Fred Rwigyema.  Muhoozi made this revelation in a tweet on Thursday, in which he posted pictures of the four Generals and accompanied them with the  caption ; “The greatest military heroes in Africa's history. Generals Museveni, Saleh, Rwigyema and Kagame. They achieved the impossible. We should build statues in their honour in every town in Uganda and Rwanda.” Gen. Muhoozi Kainerugaba tweet about erecting a statute for Paul Kagame, Yoweri Museveni, Salim Saleh and Fred Rwigy
PM Rugunda Goes In Self Isolation Over COVID-19 Fears As Uganda’s Cases Rise To 557

PM Rugunda Goes In Self Isolation Over COVID-19 Fears As Uganda’s Cases Rise To 557

FEATURED, Latest News
By Keefa Nuwahereza There is untold fear and caution at the Office of the Prime Minister after Dr Ruhakana Rugunda went into self isolation because some of his contacts had tested positive for COVID-19. Rugunda is head of the national task force for COVID-19 and has been at the forefront on fund raising and distribution efforts to contain the pandemic. “Friends, I have gone into self isolation after some of my contacts tested positive for COVID19. My own test result is negative, however, I have taken this decision as a health recommended measure,” he said in a tweet, shortly before news circulated that he had gone in isolation. Julius Mucunguzi, his Communications Advisor confirmed the development. Statement from Ministry of Health about COVID-19 updates in Uganda Howeve
United Nations Soldiers Blown To Pieces By Roadside Bomb

United Nations Soldiers Blown To Pieces By Roadside Bomb

FEATURED, Latest News
By Elite Reporter At least three United Nations soldiers from Chad are believed to have died in Mali  after their convoy hit a roadside bomb, according to officials. The blast in the northern region of Aguelhok left four more soldiers seriously wounded, the UN peacekeeping mission in Mali, known as MINUSMA, said in a statement on Sunday. "We will have to make every effort to identify and apprehend those responsible for these terrorist acts so that they can be brought to justice," said Mahamat Saleh Annadif, MINUSMA mission head. "I bow before the remains of these brave Blue Helmets who died in the service of peace in Mali," he added. UN Secretary-General Antonio Guterres also condemned what he described as a "cowardly" attack. Guterres called upon the authorities in...
Gen. Tumukunde Finally Granted Cash Bail Of Shs50m

Gen. Tumukunde Finally Granted Cash Bail Of Shs50m

Education, Latest News
By Elite Reporter Former security minister Lt. Gen. Henry Tumukunde was granted cash bail of Shs50m by Buganda Road  on Monday morning. Gen. Tumukunde, who has been in  jail for 60 days after he was arrested on  March 12, 2020,  presented his wife, brother and business associate Mathew Rukikaire as sureties before  court granted him bail.   A 2021 presidential aspirant, Tumukunde is facing charges of treason and illegal possession of fire arms, following a raid at his home by security officers in March, during which they recovered several incriminating items, among them firearms. He attempted to secure bail in April after presenting four sureties who included ; his wife Stella Tumukunde, Salaamu Musumba, the Vice chairperson for Eastern Uganda in ...
Chinese Gov’t Expels Ugandans & Other Africans, Accuses Them Of Exporting Coronavirus

Chinese Gov’t Expels Ugandans & Other Africans, Accuses Them Of Exporting Coronavirus

FEATURED, Latest News
 By Elite Reporter Government officials in China are ejecting Ugandans and all other Africans from their homes in several provinces, accusing them of having exported the deadly Coronavirus to their country.  According to news coming in, Chinese officials are ejecting Africans from homes, hotels, companies and all buildings and herding them onto streets. Africans in China, who confirmed the ejection,  said the government was employing force to eject Africans from their homes and all buildings.  Some of the Africans who have been ejected from buildings While the world has adopted various measures to combat Coronavirus, Chinese authorities are beginning to eject foreigners specifically Africans, from their homes and hotels over claims that they were importing the virus into th
Min. Agriculture Asks Gov’t For Shs16Bn To Fight New Swarm Of Locusts

Min. Agriculture Asks Gov’t For Shs16Bn To Fight New Swarm Of Locusts

FEATURED, Latest News
By Elite Reporter Just as Uganda was still struggling with the fight against Coronavirus, a new calamity has befallen the country after a swarm of locusts invaded several parts of the country over the weekend. As a result of the new locust invasion, the Ministry of Agriculture  Animal Industry and Fisheries  has asked government for  Shs16Bn to fight the pests which are already causing massive destruction to plants vegetation and vegetation. This revelation was made by the Agriculture Minister Vincent Bamulangakai Ssempijja, who revealed during a  presser at the Uganda Media Centre that the money is needed as urgently as possible if the ministry is to mitigate the destruction being caused by the locusts. The insects descended on gardens of cow peas, soya be...
Rwanda Offers $5000 To Anyone Who Translates Bobi Wine’s COVID-19 Song

Rwanda Offers $5000 To Anyone Who Translates Bobi Wine’s COVID-19 Song

FEATURED, Latest News
By Elite Reporter The  President of Rwanda Paul Kagame has offered USD 5000 (about Shs18.8m) to anyone who translates People Power movement leader Robert Kyagulanyi aka  Bobi Wine's COVID-19 Song. Hon. Bobi Wine, who is the Kyadondo East Member of Parliament, recently released a song titled 'Coronavirus Alert' song, which is aimed at creating awareness amongst all people of the world and to rally them together in the fight against Coronavirus. Bobi Wine's song, which he sang in English with musician Nubian Li, has since gone viral all over the world and topped billboard chats. However, being a Francophone country and one of the East African countries affected by Coronavirus,  Rwanda wants to spread Bobi Wine's message about fighting Coronavirus, only that most R...
Al-Shabab Terrorists Kill Somali Governor In Suicide Attack

Al-Shabab Terrorists Kill Somali Governor In Suicide Attack

Latest News
By Elite Reporter A Somali governor was killed in an Al-Shabab suicide bomb attack that occurred on Monday, in Puntland, Somalia. Abdisalan Hassan Hersi,  the Nugaal region governor, was killed after an Al-Shabab bomber rushed to his vehicle and detonated explosives. A local official in northeastern Somalia has been killed in a suicide bomb blast claimed by the al-Shabab armed group, according to police and medical sources. Reports indicate that Hassan  succumbed to his wounds after being rushed to hospital in Garowe, the capital of Puntland where the blast occurred Sunday. "The doctors tried to save the governor's life, but unfortunately he died from his injuries," Mohamed Weli, a police officer in Puntland, told the media by phone. "He was in a critical condi...