Uganda's Addiction to Borrowing

Wakanda News Details

Uganda's Addiction to Borrowing

[Independent (Kampala)] Uganda is at a crossroads. Early this year, government passed a budget of Shs32 trillion for the 2020/2021 Financial Year. It also projected to collect Shs21.8 trillion in taxes and then would raise the rest from international loans and grants, non-tax revenues and domestic borrowing. Then COVID struck.

Source: allAfrica.com

You may also like

Smart solution steering matatus onto cashless road

Smart solution steering matatus onto cashless road

fave

Source: Business Daily

Duke University Economist Calls for $12 Trillion in Slavery Reparations - African American News Today - EIN News

… trillion — approximately $800,000 per African-American household — to be paid. “[ … proclaims. “Ultimately, respect for black Americans as people and as citizens … benefits.” The economics aside, leading African-American political figures, including Housing and …

fave

Source: http://feedproxy.google.com

Odumegwu Ojukwu

Odumegwu Ojukwu , in full Chief Chukwuemeka Odumegwu Ojukwu (born November 4, 1933, Zungeru, Nigeria—died November 26, 2011, London, England), Nigerian military leader and politician, who was head of the secessionist state of Biafra during the Nigerian civil

fave

Source: Brittanica

May

30

1967

PSL clubs endure bailout delay

BY TERRY MADYAUTA Premier Soccer League (PSL) clubs are enduring a frustrating wait for their share of the Fifa COVID-19 bailout which is being administered by the country’s supreme football governing body Zifa. The financially-struggling clubs were hoping to get their share early, so they could

fave

Source: NewsDay Zimbabwe - Everyday News for Everyday People

Kenya: FKF Yet to Pay Me Even a Penny, Says Adel Amrouche

Former Harambee Stars coach Adel Amrouche says Football Kenya Federation (FKF) have yet again failed to pay him his dues within the deadline as directed by world governing

fave

Source: allAfrica.com

#LHHATL’s Arkansas Mo Charged With Fraud After Spending PPP Loan On Jewelry, Rolex

Source: Paras Griffin / Getty

fave

Source: The Urban Daily

Sierra Leone’s new internal affairs minister Panda-Noah takes oath of office

David Maurice Panda-Noah, Sierra Leone’s newly appointed Minister of Internal Affairs, yesterday took his oath of office in the presence of President Dr Julius Maada Bio at State House, in accordance with Section 57 (Act No. 6) of the 1991 Constitution of Sierra

fave

Source: SIERRA LEONE TELEGRAPH – Sierra Leone News

Modibo Keita , (born June 4, 1915, Bamako, French Sudan [now in Mali]—died May 16, 1977, Bamako, Mali), socialist politician and first president of Mali

fave

Source: Brittanica

May

16

1977

21 Ways Texans Can Reduce Those Monthly Bills

The good news is that when it comes to monthly bill, there are ways in which you can cut

fave

Source: North Dallas Gazette

Cameroon: Security Arrests People Without Masks as COVID-19 Cases Increase

Police in Cameroon have detained several hundred people for not wearing face masks in public, as COVID-19 cases in the central African state continue to

fave

Source: allAfrica.com

Money in circulation surges to a new high

The amount of cash circulating outside the banking system and in people’s pockets hit a 13-month high in June, defying Covid-19 economic hardships.

fave

Source: Business Daily

Mauritius: Government to Strike Balance Between Citizens' Health and the Economy, Says Dpm Collendavelloo

This statement was made by the Deputy Prime Minister, Minister of Energy and Public Utilities, M Ivan Leslie Collendavelloo this afternoon, during his intervention on the Covid-19 (Miscellaneous Provisions) Bill and the Quarantine Bill, in the National Assembly, in Port

fave

Source: allAfrica.com

Kenya reports 49 new Covid-19 cases - VIDEO

The number of Covid-19 cases in the country has risen to 830 after 49 more people tested positive, President Uhuru Kenyatta has

fave

Source: The East African

How to Keep Your Faith and Strive For Financial Freedom During Challenging Times

Reverend Dr. DeForest B. Soaries, Jr., the Senior Pastor of First Baptist Church of Lincoln Gardens (FBCLG) in Somerset, New Jersey, and the former New Jersey Secretary of State, launched the Billion Dollar Challenge to create black wealth and to motivate the black communities to strive for

fave

Source: Black Enterprise - The Premier Resource for Black Entrepreneurs and Career, Tech, and Money Content for Black People - Black Ent

Rwanda: Govt to Scale Up Interventions to Accelerate Technology, Innovation

The Government has set out a series of actions and plans that it will implement to accelerate technology and innovation in the country amidst the novel coronavirus pandemic, or

fave

Source: allAfrica.com

Jean-Bédel Bokassa

Jean-Bédel Bokassa , also called Bokassa I (born Feb. 22, 1921, Bobangui, Moyen-Congo, French Equatorial Africa [now in the Central African Republic]—died Nov. 3, 1996, Bangui, C.A.R.), African military leader who was president of the Central African Republic (1966–76) and self-styled emperor of

fave

Source: Brittanica

Funeral parlour strike: Legal experts dismiss calls for RAF to pay for burials

Striking funeral practitioners are holding a picket outside RAF offices demanding that the fund subsidise payments to embattled undertakers.

fave

Source: South African News | Online News | The South African

Nigeria: Buhari Renews Commitment to Tackle Nigeria's Security Challenges

The president disclosed this on Thursday at a meeting of the National Security Council at the council chambers of the State

fave

Source: allAfrica.com

Inflation rises to 785.55%

Zimbabwe’s inflation rose to 785.55% on an annualized basis in May, from 765.57% the previous month, the Zimbabwe Statistics Agency said today, laying bare the challenge of a weakening local currency and rising

fave

Source: NewsDay Zimbabwe - Everyday News for Everyday People

UWI Caribbean students feel trapped, abandoned in Jamaica

(Jamaica Gleaner) Caribbean students still stuck at The University of the West Indies, Mona, are anxious to get home as the coronavirus pandemic continues to wreak havoc across the

fave

Source: Stabroek News - Guyana's Most Trusted Newspaper

Exam decision expected on Monday - Cabinet to give verdict on CSEC/CAPE sittings

THE GOVERNMENT is to announce the final decision on the sitting of the 2020 Caribbean Secondary Education Certificate (CSEC) and the Caribbean Advanced Proficiency Examination (CAPE) by next

fave

Source: Jamaica Gleaner

Treasury fails to impress with budget plan

The Parliamentary Budget Office (PBO) has torn apart Treasury's budget for the new financial year that starts in July, arguing that it has mixed up priorities and lacks a stimulus package to jump-start the

fave

Source: Daily Nation - Breaking News, Kenya, Africa, Politics, Business, Sports | HOME

Zimbabwe: ZCTU Drags Govt to Court Over COVID-19 Regulations

The Zimbabwe Congress of Trade Unions (ZCTU) has dragged government to court over perceived illegalities contained in various Statutory Instruments (SIs) outlining Covid-19 lockdown

fave

Source: allAfrica.com

Mucheru reappoints Yearbook editorial board CEO

ICT Cabinet Secretary Joe Mucheru has reappointed Edward Mwasi chief executive officer Kenya Yearbook Editorial Board for another

fave

Source: Daily Nation - Breaking News, Kenya, Africa, Politics, Business, Sports | HOME

Kenyatta moves to reassert control of ruling party

Kenyan President Uhuru Kenyatta is moving to reassert control of his ruling Jubilee Party by purging the parliamentary leadership of rebels who have threatened to derail his legacy, succession and post-pandemic economic recovery

fave

Source: The East African

Shirley C. Franklin

Shirley C. Franklin is Executive Chair of the Board for Purpose Built Communities, Inc., an organization established to transform struggling neighborhoods into sustainable communities since 2011. Also, Franklin has served as the Barbara Jordan Visiting Professor at the University of

fave

Source: Savoy Network

Grave says CWI ‘optimistic’ ahead of second ECB meeting

According to CWI chief executive, Johnny Grave, the two boards had a productive first meeting two weeks ago which included all the key stakeholders from captains to chief medical

fave

Source: Stabroek News - Guyana's Most Trusted Newspaper

Cabbies steering through rough COVID-19 road

These qualities, she told The Sunday Gleaner, are key ingredients behind her successful enterprise even as many of her male colleagues plying the Waterford to Portmore Mall route in St Catherine are haemorrhaging from a drastic decline in passengers since the COVID-19 pandemic gripped

fave

Source: Jamaica Gleaner

Kenya: Meru Nurse Forced to Wear Garbage Bag As PPE

A nurse in Meru was last week forced to improvise personal protective equipment (PPE) from a plastic garbage bag before he attended to a patient suspected of suffering from

fave

Source: allAfrica.com

State agents, political operatives inseparable in St Mary COVID-19 relief - Mayne says Bull Bay, Corn Piece quarantine lessons learnt; Alexis says first six days of lockdown illegal

Government agencies, non-profit organisations and political operatives were inseparable in communities under COVID-19 lockdown last Thursday as The Sunday Gleaner toured the area, but South East St Mary Member of Parliament Dr Norman Dunn has insisted that his bee-like presence was purely

fave

Source: Jamaica Gleaner

More from allAfrica.com

South Africa: Here's What Caused the Social Grant Payment 'Glitch'

South Africa: Postbank Board Axed Over Unlawful Contracts

South Africa: Massive Blow for Boks As Malcolm Marx Ruled Out of Rugby World Cup

South Africa: Get Ready for Another 52 Weeks of Heavy Load Shedding As Eskom Forecasts Dark Days Ahead

South Africa: Climate Activists Add Electricity Minister Ramokgopa to List of Respondents in Environmental Impact Case

South Africa: Sibanye Signals 3,000 Lay-Offs At Kloof As Operational Woes Trump Sky-High Gold Prices - allAfrica.com

South Africa: SA Mining Output Falls in July and Manufacturing Growth Slows, Signalling Fragile Start for Q3 GDP

South Africa: Grid Capacity a Significant Obstacle to Renewables Transition and Fixing Load Shedding

Zimbabwe: Mnangagwa Tells Ministers to Be Results-Oriented - Performance to Be Ranked Using Agility, Innovativeness

South Africa: Springboks' Chance to Run Riot

Zimbabwe Headed Into Dark Cloud of Uncertainty - Says CCC After Arrest of Three Leaders, Barely Two Weeks After Mnangagwa's Inauguration

South Africa: Sundowns' Injury Situation a Concern As CAF CL Beckons

South Africa: Oppenheimers Will Be At Buthelezi's Funeral

South Africa: Diepsloot Enemies Join Hands in Mother of All Marches

Zimbabwe: Churches Ask Zanu-PF, CCC to 'Move On' as Opposition Faces Arrest, Violence

Kenya and Chinese Traders Forge Partnership to Elevate Investments in Kenya

Kenya: 128 Cases of Extrajudicial Killings Recorded Between October 2022 - August 2023 - IMLU Report

Kenya: Former CS Keter Excited Over Appointment as Ruto Advisor on Great Lakes Region Affairs

Kenya - Ongata Rongai Boom Town Destroyed Two Vital Rivers - New Study Flags a Major Health Risk

Kenya: State Plans to Tax Schools Offering Services Not in Education Curriculum

Kenya: Why World Coin Operators Haven't Been Arrested - Interior Cabinet Secretary Kindiki

Kenya: Nairobi, Homa Bay Top Counties in Kenya Medical Supplies Authority's Bad Books

Kenya: Advocacy Group Petition Film Board to Expedite Tiktok Live Feature Ban

Africa: Organised Crime - The Fuel That Ignited 9/11

Africa: Over 330 Million Children Worldwide Living in Extreme Poverty

Africa: UN's Work and Mission 'More Vital Than Ever' - Guterres

Africa: UNGA78 - 'Action Is What the World Needs' - UN Chief

Africa: Peace Our 'Most Fundamental Job', Says Guterres

Africa: UN Marks International Day to Protect Education With Call to Action

Africa: Experts Make Case for Tackling Climate and Sustainable Development Together

Africa: UN Report Offers Solutions for Decarbonization of Buildings, Construction Sector

Africa: Climate Inaction Puts Lives On the Line - WMO

Africa: Pollen in Pee - Fossilised Urine From a Small African Mammal Helps Us Understand Past Environments

Africa: A Global Survey of Democracy Finds Both Sobering and Alarming Results

Uganda: NBS TV Launches NBS At 15 Scholarship Campaign to Boost More Journalism Studies

Uganda: Shock As More Than 2,000 Pupils Fail Mock Exams in Mubende

Nigeria: Terrorists Kill Four, Abduct 30 Residents in Fresh Sokoto Attack

Nigeria: WHO Confirms Second Wave of Diphtheria in Nigeria, As Country Records 4,717 Cases

Mozambique: Frelimo Demands Polling Station Heads Guarantee Frelimo Victory

West Africa: French Minister Denies Boycotting African Artists Amid Visa Confusion

Mali: Independence Day Festivities Cancelled As Rebels Claim Control of Northern Town

Egypt: President El-Sisi Extends Condolences to the Families of the Egyptian Victims in Libya's Storm

Libya: Floods in Libya - Civil War Compounds Devastation

Libya: Storm Daniel - Death Toll in Libya Rises to 6,000

Libya Flood Death Toll Hits 6,000 - Nigeria Pledges Support

Egypt Following Up On Efforts to Rescue Nationals in Storm-Hit Libya

Egypt: Emigration Minister Asks Families of Missing in Libya to Contact Ministry

West Africa: Egyptian President El-Sisi, French Foreign Minister Discuss Situation in Sahel Countries

Libya Floods - WFP Supporting Rollout of Food Assistance to Families in Wake of Storm

Egypt: Shoukry, Blinken Discuss Response to Humanitarian Tragedy in Libya Over Phone

Spirituality Facts

Science Facts

Cuisine Facts

Blackfacts BETA RELEASE 11.5.3
(Production Environment)