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Duncan Miriri

Uganda’s central bank has introduced a new lending window for commercial banks that might encounter short-term liquidity challenges, it said on Tuesday, unveiling another tool to complement its main monetary policy instrument.

Uganda central bank sets up new window for lending to banks

Uganda’s central bank has introduced a new lending window for commercial banks that might encounter short-term liquidity challenges, it said on Tuesday, unveiling another tool to complement its main monetary policy instrument.
Motorists arrive to buy fuel at a service station in Kenya's capital Nairobi, February 6, 2016. REUTERS-Thomas Mukoya-File Photo

Kenya to launch diesel price stabilisation fund

Kenya plans to start a diesel price stabilisation fund, a senior energy ministry official said on Monday, the first attempt by the East African nation to reduce volatility in the price of the widely used fuel.
John Nkengasong, Africa's Director of the Centers for Disease Control (CDC), speaks during an interview with Reuters at the African Union (AU) Headquarters in Addis Ababa, Ethiopia March 11, 2020. REUTERS-Tiksa Negeri

Africa CDC: All nations should join global virus vaccine effort

All countries should join hands in a global effort to procure and distribute potential vaccines against the coronavirus across the globe, the head of the Africa Centres for Disease Control and Prevention said on Thursday.
Rebel fighters hold up their rifles as they walk, Upper Nile State, South Sudan. File. REUTERS-Goran Tomasevic-File Photo

At least 81 people killed as South Sudan’s disarmament erupts in violence

At least 81 people have been killed in the South Sudan region of Warrap State following heavy fighting between armed civilians and government forces carrying out a disarmament exercise, the military’s spokesman said on Tuesday.
Kenya Central Bank Governor Patrick Njoroge arrives for a news conference at the Central Bank of Kenya (CBK) headquarters in Nairobi, Kenya July 25, 2019. REUTERS-Stringer

Kenya central banker says still has ‘plenty of firepower’

Kenya’s central bank governor said on Thursday that policymakers still have “plenty of firepower” to combat impact of the coronavirus crisis on the economy.
Kenyan Airways planes are parked at the Jomo Kenyatta International Airport in Nairobi, Kenya, March 24, 2020. REUTERS-Baz Ratner-File Photo

Kenya Airways to lay off staff, reduce network and assets – chief

Kenya Airways will lay off an unspecified number of workers, reduce its network and also get rid of some assets due to the coronavirus crisis, its chief executive said in an internal memo reviewed by Reuters.
At least 166 people have died during violent demonstrations that roiled Ethiopia in the days following the murder of popular singer Haacaaluu Hundeessa, police said.

Uneasy calm in Ethiopia after protests, official death toll doubles

More than 166 people were killed during anti-government protests in Ethiopia last week, the government said on Sunday, as the capital and other hotspots remained closely guarded by security forces and a blanket Internet shutdown entered its sixth day.
A general view shows Somali policemen at the scene after suicide car bomber drove into a checkpoint outside the port in Mogadishu, Somalia July 4, 2020. REUTERS-Feisal Omar

Suicide car bomber hits checkpoint at Somalia’s Mogadishu port

An explosion shook parts of the Somali capital of Mogadishu early on Saturday as a suicide car bomber drove into a checkpoint just outside the port, witnesses said, but police made no immediate comment on casualties.
A trader wearing a protective mask weighs grains at the Kimironko market as shoppers stock up on essential items that have been price fixed in order to prevent exploitative prices in Kigali, Rwanda March 17, 2020. REUTERS-Maggie Andresen

Rwanda reports its first death from the new coronavirus

The victim was a 65-year-old driver who opted to return home from a neighbouring country, where he resided, after falling severely ill, the ministry said in a statement.
High-tech robots developed by Zora Bots, a Belgium-based company, and donated by the United Nations Development Program (UNDP) are seen during a demonstration at the Kanyinya treatment centre that treats coronavirus disease (COVID-19) patients, in Kigali, Rwanda May 29, 2020. REUTERS/Clement Uwiringiyimana

Rwandan medical workers deploy robots to minimise coronavirus risk

At the Kanyinya COVID-19 treatment facility a short distance from Rwanda’s capital Kigali, Akazuba, Ikizere and Ngabo report for duty, but these are no ordinary health care workers.
Uganda’s President Yoweri Museveni attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 24, 2019. REUTERS-Arnd Wiegmann

Presdient Museveni: “Madness” to hold Uganda vote if virus persists

Uganda’s long-serving President Yoweri Museveni has said it would be wrong to hold a presidential election due early next year if the coronavirus persists, signalling for the first time a possible postponement.
A pre-colonial era monument stands along Kenyatta Avenue in front the Standard Chartered Bank in Kenya's capital Nairobi, file. REUTERS-Noor Khamis-File Photo

StanChart Kenya restructures 6 percent of loan book due to coronavirus

Lenders in the East African nation have so far restructured 81.7 billion shillings in loans since the central bank allowed them to offer relief to distressed borrowers on March 18, the central bank said last week.
A Rwandair plane is seen at the Kanombe, Kigali International Airport in Kigali, Rwanda January 12, 2020. REUTERS-Clement Uwiringiyimana

RwandAir cuts salaries by 8-65% due to coronavirus

Rwanda’s RwandAir will cut the salaries of its lowest paid employees by 8% and by 65% for its top earners as it seeks to survive the coronavirus crisis, an internal memo seen by Reuters on Sunday showed.
Men load sacks of rice among other food aid in a truck, to be distributed for those affected by procedures taken to curb the spread of coronavirus disease (COVID-19), in Abuja, Nigeria April 17, 2020. REUTERS-Afolabi Sotunde

How Africa risks reeling from a health crisis to a food crisis

In Nigeria’s Benue state, the food basket of the country, Mercy Yialase, sits in front of her idle rice mill. Demand is high across the nation, but she already has mounds of paddy rice that are going nowhere amid the COVID-19 lockdown.
Chinese Billionaire, Jack Ma, has announced a donation of 1.1 million testing kits and six million masks to fight coronavirus in Africa.

African nations to get 300 ventilators from Jack Ma

African nations that lack ventilators for the treatment of COVID-19 patients will receive some from a donation of 300 supplied by the Jack Ma Foundation, the head of the continent’s disease control body said on Thursday.
Tanzania's President John Pombe Magufuli addresses members of the ruling Chama Cha Mapinduzi Party (CCM) at the party's sub-head office on Lumumba road in Dar es Salaam, file. REUTERS-Emmanuel Herman

Tanzania’s president calls for debt forgiveness to help battle virus

Tanzania’s President John Magufuli called on international creditors on Wednesday to cancel debts owed by African nations to enable them use the savings to battle the coronavirus.
The Kenyan central bank’s Monetary Policy Committee will hold its next meeting on April 29, it said on Tuesday, changing it from the initial scheduled date of April 27.

Kenya central bank shifts its policy meeting to April 29

The Kenyan central bank’s Monetary Policy Committee will hold its next meeting on April 29, it said on Tuesday, changing it from the initial scheduled date of April 27.
Kenya’s third largest bank by assets, NCBA, has pulled its final dividend for last year of 1.50 shillings per share due to the coronavirus crisis, becoming the first lender in the East African nation to do so.

Kenya’s NCBA Bank pulls final dividend for 2019 due to coronavirus

Kenya’s third largest bank by assets, NCBA, has pulled its final dividend for last year of 1.50 shillings per share due to the coronavirus crisis, becoming the first lender in the East African nation to do so.

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How the 1940s standard “Happiness Is a Thing Called Joe” failed to be adapted into a Joe Biden campaign song until now is a mystery, but Cher recognized the obvious pairing of classic song and candidate and has recorded her rewrite of the tune, which was originally sung by Ethel Waters in the 1943 film “Cabin in the Sky.”

Cher rewrites 1940s classic ‘Happiness is a thing called Joe’ as a Joe Biden...

How the 1940s standard “Happiness Is a Thing Called Joe” failed to be adapted into a campaign song until now is a mystery, but recognized the obvious pairing of classic song and candidate and has recorded her rewrite of the tune, which was originally sung by Ethel Waters in the 1943 film “Cabin in the Sky.”

Cross River governor relaxes 24 hours curfew

Cross River State Governor Ben Ayade on Monday announced the relaxation of imposed curfew which was originally 24 hours dusk to dusk.

#EndSARS: Plateau arrest 307 suspects over destruction, looting of properties

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The Coordinator, Defence Media Operations, Maj.-Gen. John Enenche, disclosed this in a statement on Friday in Abuja.

Troops kill dozens of terrorists in Borno

The troops of Air Task Force of Operation Lafiya Dole, has destroyed terrorists’ hideouts and neutralized several fighters at Ngwuri Gana along the Gulumba Gana-Kumshe axis as well as at Jumacheri near Damasak in the northern part of Borno State.
Governor David Nweze Umahi

#EndSARS: Don’t turn protest to Igbo affairs – South East governors

The Chairman of South-East Governors’ Forum and Ebonyi State governor, David Umahi, has warned that the EndSARS protest must not be labelled as Igbo affairs.