Tuesday, January 19We Break the News

POLITICS

US Futures Lower on Martin Luther King Holiday

US Futures Lower on Martin Luther King Holiday

AFRICA, Business, COVID-19, INTERNATIONAL, USA
US futures were lower on Monday amid rising coronavirus cases and restrictions and doubts over whether Congress will pass Joe Biden’s $1.9 trillion coronavirus relief plan. Meanwhile, US President-elect Joe Biden is due to be inaugurated on Wednesday amid risks of violence and security concerns. Coronavirus deaths in the US are approaching 400K and the number is expected to reach 500K next month, according to incoming CDC director. US financial markets are closed Monday for the Martin Luther King holiday.
Indian Rupee Weakens on Monday

Indian Rupee Weakens on Monday

AFRICA, Business, INTERNATIONAL, USA
India's rupee traded lower at 73.3 against the US dollar, from an over ten-month high hit last week, as investors rushed for safety amid ongoing concerns over the pace of the global economic recovery. Meanwhile, India launched on Saturday one of the world’s biggest Covid-19 vaccination programme, with New Delhi planning to inoculate some 300 million people, or more than 20% of its 1.3 billion population, in the first phase of the exercise. Last week, economic data showed the country's retail price inflation slowed more than expected in December, falling within the central bank's target of 2%-6% for the first time since March; while industrial production contracted at a steep pace in November, as the coronavirus crisis hit manufacturing and mining activities.
UGANDA ELECTIONS 2021: Vice President Ssekandi, Ministers lose parliamentary seats

UGANDA ELECTIONS 2021: Vice President Ssekandi, Ministers lose parliamentary seats

AFRICA, POLITICS, UGANDA
Vice President Edward Ssekandi will not be representing Bukoto Central for the fifth time after losing the seat to newcomer Richard Ssebalama in the 2021 general elections. The Vice President is one of many top tier individuals in the NRM government who will not be seating in the August house later this year. Most of the Ministers have lost their seats to National Unity Platform (NUP) candidates. In Kampala, The Minister for lands, Beti Kamya who tried her luck at joining parliament has been beaten by NUP’s Abubaker Kawalya for the Rubaga North seat in parliament. The ICT Minister Judith Nabakooba has also lost to Journalist Joyce Bagala. The people of Bukoto South have decided that Youth Minister Nakiwala Kiyingi is not their person for the seat in parliament and decided to give...
Vice President-elect Kamala Harris to officially resign her Senate seat on Monday

Vice President-elect Kamala Harris to officially resign her Senate seat on Monday

INTERNATIONAL, POLITICS, USA
Vice President-elect Kamala Harris has notified California Gov. Gavin Newsom that she will step down from her California Senate seat effective Monday, two days before she and President-elect Joe Biden are inaugurated. Newsom named California Secretary of State Alex Padilla to serve out the final two years of Harris’ first term. When Harris makes history as the first woman, first Black person and first South Asian to serve as vice president, she'll also become president of the Senate.
UGANDA ELECTIONS 2021: US demands audit of election results

UGANDA ELECTIONS 2021: US demands audit of election results

AFRICA, EAST AFRICA, INTERNATIONAL, POLITICS, UGANDA, USA
The United States on Sunday called for an audit of last Thursday’s presidential and parliamentary elections, citing “credible reports” of pre-election violence and election irregularities. The Electoral Commission (EC) on Saturday declared President Museveni, who was the flag bearer of the ruling National Resistance Movement (NRM), winner with 58.6 per cent of valid votes cast. Voting and result tallying happened in largely information black-hole after the State shut down the Internet alongside blocking mobile money transactions.  In a statement issued yesterday, US Department of State spokesperson Morgan Ortagus said: “We are deeply troubled by the many credible reports of security force violence during the pre-election period and election irregularities during the polls. W...
UGANDA ELECTIONS 2021: EC excludes results from over 1,200 polling stations

UGANDA ELECTIONS 2021: EC excludes results from over 1,200 polling stations

AFRICA, EAST AFRICA, IGAD SUMMIT, POLITICS, UGANDA
Thousands of votes cast at some 1,257 polling stations countrywide were not included in the presidential election results that the Electoral Commission (EC) announced on Saturday, this newspaper can reveal. The most affected is Wakiso District where of the 1,434 polling stations, the EC final results excluded tallies from as many as 271, according to our analysis of the official results. The affected polling stations were not named and we were unable to establish neither the total number of registered voters nor the number of voters that turned out to cast the ballot at the said polling stations in last Thursday’s presidential and parliamentary polls. According to EC data, Kampala registered the highest number of voters in the country, at 1.2 million, with Wakiso District coming ...
Zambia: Preparatory work ahead of the Thursday 4th February, 2021 by-elections for Vubwi Town Council Chairperson and the Local Government by-election in Miputu Ward of Masaiti District is underway in the respective Districts.

Zambia: Preparatory work ahead of the Thursday 4th February, 2021 by-elections for Vubwi Town Council Chairperson and the Local Government by-election in Miputu Ward of Masaiti District is underway in the respective Districts.

AFRICA, POLITICS
BY-ELECTIONS FOR VUBWI TOWN COUNCIL CHAIRPERSON AND ONE (1) LOCAL GOVERNMENT WARD IN MASAITI DISTRICT PRESS RELEASE (For Immediate release)BY-ELECTIONS FOR VUBWI TOWN COUNCIL CHAIRPERSON AND ONE (1) LOCAL GOVERNMENT WARD IN MASAITI DISTRICT The Electoral Commission of Zambia has set Thursday, 4th February, 2021 as the date on which to hold by-elections for Vubwi Town Council Chairperson. On the same date the Commission will conduct a Local Government by-election in Miputu Ward of Masaiti District. The by-election in Vubwi is as a result of the death of the Council Chairperson Mr. Joshua Daka. The vacancy in Miputu Ward was due to the resignation of the Area Councillor, Mr Mabeti Hosini. The polls will take place from 06:00 hours to 18:00 hours. Aspiring candidates in the by...
US Futures Lack Direction as Investors Assess Stimulus, Political Turmoil

US Futures Lack Direction as Investors Assess Stimulus, Political Turmoil

Business, COVID-19, INTERNATIONAL, USA
US futures were little changed on Wednesday as investors digest prospects of more fiscal stimulus, political turmoil and rising coronavirus cases. Joe Biden is expected to give more details on his trillions of dollars economic package on Thursday but Bloomberg reported that he will seek a deal with Republicans, rather than trying to ram a package through without their support. Meanwhile, the House voted 223-205 to call on Mike Pence to invoke the 25th Amendment to remove President Trump from office although the Vice President rejected it. On the corporate front, the earnings season will kick off later in the week with reports from Citigroup, Wells Fargo and JPMorgan. S&P 500 earnings are seen dropping 12% yoy in the final three months of 2020, according to data from Bloomberg. On Tues...
US Mortgage Applications Rise the Most Since March

US Mortgage Applications Rise the Most Since March

Business, INTERNATIONAL, USA
Mortgage applications in the United States rose 16.7 percent in the week ended January 8th, 2021, the largest increase since a record 55.4 percent jump during the first week of March, data from the Mortgage Bankers Association showed. Applications to refinance a home loan spiked 20.1 percent, up 93 percent year-on-year; and those to purchase a home increased 8.0 percent, 10 percent higher than a year ago. The average fixed 30-year mortgage rate was up 2 bps to 2.88 percent last week, still close to an all-time low of 2.85 percent hit in mid-December.
UGANDA POLLS 2021: United States Condemns Uganda Social Media Shut Down

UGANDA POLLS 2021: United States Condemns Uganda Social Media Shut Down

AFRICA, BREAKING NEWS, EAST AFRICA, INTERNATIONAL, POLITICS, TECHNOLOGY, UGANDA, USA
The United States has condemned the government of Uganda’s act to shut down social media as the country heads for general elections this Thursday 14th January. “We are concerned by reports that the government of Uganda has ordered Internet service providers to block social media platforms, messaging apps and select content in the runup to general elections,” said Tibor Nagy, the top US diplomat for Africa.UN Secretary-General Antonio Guterres urged respect for human rights in the run-up to the presidential election noting that such restrictions undermine human rights and fundamental freedoms. Uganda ordered a shutdown of social media platforms including Facebook, Twitter and WhatsApp ahead of Thursday’s vote in which Uganda chooses the next President. However, the statement comes...
Ugandans vote tomorrow 14/01/2021: City Pastors Meet with Museveni and Pledge Their Support

Ugandans vote tomorrow 14/01/2021: City Pastors Meet with Museveni and Pledge Their Support

AFRICA, EAST AFRICA, INTERNATIONAL, POLITICS, UGANDA
A group of Pastors from over 10 churches from in and around Kampala on Tuesday met and held discussions and prayers with President Yoweri Kaguta Museveni at State House Entebbe. The Pastors who said each commands a following of over 20,000 Christians were let to the meeting with the president by music promoter, Balaam Barugahara who is an NRM supporter and promoter. Among the Pastors that attended the meeting were; Pr. Wilson Bugembe, Brother Ronnie Makabai, Pr. Mondo Mugisha, Pr. Bugingo Aloysius, Prophet Elvis Mbonye, Pr. Judith Ssozi, Pr. Eunice Akoth and Pr. Osinde among others. The Men and Women of God during the meeting pledged their full support and that of their followers for the NRM presidential candidate in the forthcoming general elections. They later rayed for peac...
UGANDANS DECIDE 14/01/2021: 4 Kenyans Arrested Over Anti-Museveni Press Conference

UGANDANS DECIDE 14/01/2021: 4 Kenyans Arrested Over Anti-Museveni Press Conference

AFRICA, EAST AFRICA, KENYA, POLITICS, UGANDA
Four Kenyans have been arrested just outside the Ugandan Embassy in Nairobi. The four Kenyan activists were preparing to issue a statement regarding the tensions in Uganda ahead of the Thursday, January 14, General Election. Those arrested include Haki Africa Executive Director Hussein Khalid, Beatrice Waithera, Ojiro Odhiambo and Yassah Musa.Amnesty International (K) has demanded the immediate release of the activists following the arrest. Kenyan Activist Beatrice Waithera arrested outside Ugandan Embassy in Nairobi on January 13, 2021File “We demand the release of Haki Africa ED Hussein Khalid, Beatrice Waithera, Ojiro Odhiambo and Yassah Musa, who were arrested outside the Ugandan Embassy for speaking against the injustices in Uganda. Standing up for human rights is not a crime,” the N...