Author: Kmaupdates

NAIROBI, Kenya, October 7, 2021/ — Cameroon has joined ATI (www.ATI-aca.org) as the 19th African Member State with a subscribed capital contribution of EUR 11.37 Million, with the financial support of the European Investment Bank (EIB); Cameroon’s membership in ATI will enable the Central African nation benefit from ATI’s Guarantees to support increased exports, attract more foreign direct investments, and boost regional and international trade; ATI’s membership drive is supported by EIB, which to date has provided a combined EUR 94.11 Million (approximately US$110 million) in concessional lending for the membership expansion of ATI in Central and West African States. The African…

As many Ugandans strive to recover and stabilize both their personal and business finances, dfcu Bank has announced an initiative to support its customers with repayment of loans. Phillipa Nanyondo Byamah, Senior Manager -Special Asset Management, Credit at dfcu expounds on the details of this incentive and why the Bank is committed to bolstering the financial recovery of its customers.     dfcu Online Q & A for settlement proposal with Phillipa Nanyondo Byamah dfcu Bank is offering waivers on interest to ease loan repayment for customers – please expound on this. With this initiative, we are offering waivers on…

U.S. President Joe Biden said on Tuesday that he has spoken to Chinese President Xi Jinping about Taiwan and they agreed to abide by the Taiwan agreement, as tensions have ratcheted up between Taipei and Beijing. “I’ve spoken with Xi about Taiwan. We agree … we’ll abide by the Taiwan agreement,” he said. “We made it clear that I don’t think he should be doing anything other than abiding by the agreement.” Biden appeared to be referring to Washington’s long-standing “one-China policy” under which it officially recognizes Beijing rather than Taipei, and the Taiwan Relations Act, which makes clear that…

Steve Bruce will be removed as manager, up to £250million invested in players and infrastructure and, most importantly, Newcastle United fans would have hope again.eo Player is loading. “We need clarity on that” Steve Bruce on Newcastle United takeover For 18 months the stakes at play in the protracted, tormenting, and at times bitter Newcastle United takeover saga, have been as high as they come for disillusioned Toon Army. The vast majority were pro the Saudi takeover all along, believing fresh investment, fresh ambition and a serious plan to rekindle the mid-90s glory days were on the table from the Amanda…

BRIDGETOWN, Barbados, 7th October 2021 (PSCU) – Kenya and Barbados on Wednesday evening signed three key bilateral agreements for cooperation in aviation, environmental conservation, trade and investment. President Uhuru Kenyatta and Prime Minister Mia Amor Mottley witnessed the signing of an air services agreement, an MoU on the development of the national botanical garden of Barbados, and another one on the establishment of a Joint Committee on Trade and Investment, in Bridgetown, Barbados. Foreign Affairs Cabinet Secretary Raychelle Omamo signed the three agreements on behalf of Kenya while Ministers Lisa Cummins (Tourism and International Transport), Dr Adrian Forde…

Around 20 people have been killed after a 5.7 magnitude earthquake hit southern Pakistan in the early hours of Thursday, government officials said. The quake struck Balochistan at 3am local time and at a depth of around 20km (12 miles), the US Geological Survey said. Many of the victims died when roofs and walls collapsed, Suhail Anwar Hashmi, a senior provincial government official, told Agence France-Presse. A woman and six children were among twenty dead, he said. pakmap “We are receiving information that 20 people have been killed due to the earthquake. Rescue efforts are under way,” provincial interior minister…

FIFA World Cup Qatar 2022 qualifier | Group E: Thursday, 7th October 2021: Rwanda Vs Uganda- Nyamirambo Stadium, Kigali (7 PM) The Uganda Cranes players are set, officials prepared and Ugandans anxious for the anticipated do or die FIFA World Cup Qatar 2022 Qualifiers first leg encounter in group E on Thursday evening. The Ugandan delegation arrived in Kigali on Wednesday morning before they conducted their final training session later in the evening at the Nyamirambo stadium under flood lights. The lively session was under the stewardship of Serbian Tactician Sredojevic ‘Micho’ Milutin alongside his technical team. It was good…

The process of renaming Wampewo Avenue as BMK Avenue in commemoration of late Bulaimu Muwanga Kibirige is underway, Minister of State for Kampala City and Metropolitan Affairs, Hon. Kyofatogabye Kabuye, has said told Parliament. The Minister’s statement on Tuesday, 5 October 2021 followed a promise by Minister of State for Public Service, Hon Mary Mugasa and Minister for Kampala Capital City and Metropolitan Affairs, Hon Minsa Kabanda, who said they would follow up Parliament’s request to honor the fallen tycoon. During a House sitting chaired by the Deputy Speaker, Hon. Anita Among, Minister Kabuye said that the resolution of Parliament…

Members of Parliament’s Committee on the Budget have welcomed proposals by the Shadow Minister for Finance Hon. Muhammad Muwanga Kivumbi (NUP, Butambala) which among others call for a review of the law and regulations relating to the management of the classified budget. The proposals are contained in the Opposition’s response to the Charter of Fiscal Responsibility for FY 2021/2022 – FY 2025/2026. Kivumbi appeared before the Committee on Tuesday, 5 October 2021 to defend his proposals which he says are intended to check the government’s excesses in terms of wasteful expenditure, improve revenue mobilization and save the economy from collapse.…

Parliament has passed the Administration of Parliament (Amendment) Bill 2021, which among others makes Deputy Speaker a Member of the Parliamentary Commission. The Bill, moved by a Private Members, Hon. Anthony Akol (FDC, Kilak North), now awaiting presidential assent, also repeals the Institute of Parliamentary Studies Act 2020, and returns the hitherto autonomous entity back to the Parliamentary Service as department, Institute of Parliamentary Studies. Parliament passed the Bill, the first during the 11th Parliament, during a sitting on Tuesday 5 October 2021. “The Commission shall be composed of the Speaker, the Deputy Speaker, the Leader of Government Business or…