Market News

Uganda withdraws €500 million loan request amid sovereignty concerns The Background The Government of Uganda has recently made the decision to withdraw a financing request of €500 million from Amarog Capital Limited and Sovereign Infrastructure Group. This move comes after the Committees on Budget and National Economy scrutinized the agreement and raised concerns regarding tax…

Parliament passes bill regulating competition among businesses Overview Parliament has passed the Competition Bill 2022 that will facilitate fair competition in markets and prevent practices having adverse impacts on competition in markets. The bill primarily seeks to control anti-competitive behaviour of firms that has a negative impact on competition in Uganda’s market. The Minister of…

The Minister of State for Internal Affairs and the High Crime Rate in Uganda Gen. David Muhoozi Speaks Out Gen. David Muhoozi, the Minister of State for Internal Affairs in Uganda, recently expressed concerns over the alarming rise in crime rates in the country. He pointed to the lifting of the Covid-19 lockdown as a…

Many African countries are facing a debt crisis President Kenyatta’s lavish spending Many African countries are currently facing a debt crisis due to a significant portion of their budget being allocated to debt servicing. This leaves little room for essential government activities and public service provision. President Kenyatta of Kenya is a perfect example of…

Users become anglers to collect 500 species of fish around the world A Deep Dive into World Fishing Championship World Fishing Championship is a captivating game that allows users to immerse themselves in the world of fishing, where they can compete to collect over 500 species of fish from various locations around the globe. With…

Genexine’s Triple Combination Shows Promising Results in HPV-positive HNSCC Patients Introduction A recent phase 2 trial conducted by Genexine has shown exciting results in the treatment of HPV-positive Head and Neck Squamous Cell Carcinoma (HNSCC). The trial involved a triple combination of Genexine’s DNA vaccine GX-188E, its long-acting Interleukin-7 GX-I7, and Keytruda, which resulted in…

Welcome to the Future of Transportation: Shared Vehicles Market Report 2023 Introduction Are you tired of dealing with the hassle of owning a car? Do you find yourself sitting in traffic every day, wishing there was a better way to get around? Well, you’re in luck! The Business Research Company has just released its Shared…

We’re working on improving your welfare – CDF Mbadi assures UPDF soldiers Enhancing the UPDF units’ mobilisation The Chief of Defence Forces (CDF) General Wilson Mbasu Mbadi has launched the 3rd annual units’ mobilisation of the Uganda People’s Defence Forces (UPDF) at 3rd Division headquarters, Moroto Army Barracks. This initiative aims to enhance the efficiency…