Uganda Financial News

02.03 / 07:09
markets Death country hospital outbreak reports ebola Uganda reports second Ebola death, a 4-year-old: WHO
The fatality brings the number of confirmed cases in Uganda to 10. The East African country declared an outbreak of the highly infectious and often fatal haemorrhagic disease in January after the death of a male nurse at the Mulago National Referral Hospital in the capital Kampala.
18.05 / 18:39
Virus outbreak reports travelers ebola International India takes precautionary measures as WHO declares Ebola an emergency
Subscribe to enjoy similar stories.The Union health ministry has initiated strict precautionary public health measures amid the spreading Ebola outbreak in Central Africa, according to two officials familiar with the matter.The outbreak, driven by the Bundibugyo virus strain, has rapidly intensified across the Democratic Republic of Congo and Uganda.The move follows the World Health Organization’s declaration of the Ebola Virus Disease outbreak as a Public Health Emergency of International Concern.The epidemic, according to the latest WHO situation reports, has already resulted in at least 246 suspected cases and 80 suspected deaths in the Democratic Republic of Congo’s Ituri province alone. Cross-border transmission has also been confirmed, with imported cases reported in the Ugandan capital, Kampala, signalling a high risk of regional spread due to intense population mobility and trade links.Key components of India’s preparedness strategy include a comprehensive review of standard operating procedures governing passenger screening, surveillance, quarantine measures and clinical case management.
16.02 / 11:03
markets UPS Citi BLOCK Food reports Investigations Millions face starvation in Congo. Their new rulers are to blame.
Subscribe to enjoy similar stories. KAMPALA, Uganda—Ten million people face hunger in the Democratic Republic of Congo’s east, and it isn’t because there is no food to be had. It is largely because people can’t get what food there is.
04.12 / 07:21
Provident Food Death country reports medicines Vaccines For first time in decades, child deaths will rise this year
Subscribe to enjoy similar stories. One of the greatest public-health achievements of recent decades has been driving down child mortality around the world. Now, that long-running decline is reversing.
16.03 / 05:33
UPS FIVE Death President show country reports Why maids keep dying in Saudi Arabia
Nairobi international airport's departures area. They huddle for selfies in matching T-shirts, discussing how they'll spend the money from their new jobs in Saudi Arabia. Lured by company recruiters and encouraged by Kenya's government, the women have reason for optimism. Spend two years in Saudi Arabia as a housekeeper or nanny, the pitch goes, and you can earn enough to build a house, educate your children and save for the future. While the departure terminal hums with anticipation, the arrivals area is where hope meets grim reality. Hollow-cheeked women return, often ground down by unpaid wages, beatings, starvation and sexual assault. Some are broke. Others are in coffins. At least 274 Kenyan workers, mostly women, have died in Saudi Arabia in the past five years — an extraordinary figure for a young workforce doing jobs that, in most countries, are considered extremely safe. At least 55 Kenyan workers died last year, twice as many as the previous year. Autopsy reports are vague and contradictory. They describe women with evidence of trauma, including burns and electric shocks, all labeled natural deaths. One woman's cause of death was simply «brain dead.» An untold number of Ugandans have died, too, but their government releases no data.
12.03 / 12:07
UPS Refugees War country Inside peace The office building doing what the UN hasn’t: Bringing harmony to factions of a civil war
Subscribe to enjoy similar stories. KAMPALA, Uganda—The property manager of a shabby office building in this congested East African capital has achieved what the U.S., U.N. and other well-meaning global powers have not: He has established peace between warring Sudanese factions.
21.02 / 13:47
markets community Universities RAI track Investigations FBI's new director Kash Patel's ancestry traces back to a village in Gujarat's Anand: All you need to know
Kash Patel, recently confirmed by the US Senate as the new Director of the Federal Bureau of Investigation (FBI), has deep roots in Gujarat’s Anand district.
02.02 / 04:15
Tesla Limelight Universities travelers Features rights Investigations Who is Kash Patel, the Indian-American lawyer who went viral for saying 'Jai Shree Krishna'? A look at his education, family and net worth
Kash Patel, recently appeared before the US Senate Judiciary Committee at Capitol Hill for his confirmation hearing as the prospective Director of the Federal Bureau of Investigation (FBI). If approved, the 44-year-old American lawyer and former federal prosecutor will be the first individual of Hindu and Indian American heritage to assume the FBI's leadership.
02.12 / 07:37
markets Virus country reports travelers infection symptoms 'Bleeding eye' virus sparks global fear: Urgent warning issued to UK, Africa travelers over 'deadliest' disease. Check symptoms
Marburg, also termed as the 'Bleeding Eye's virus due to one of its symptoms, has killed 15 people in Rwanda and has left hundreds of them infected, reports The Mirror. ALSO READ: Delhi reports first case of Japanese Encephalitis: check symptoms of this viral disease
01.12 / 20:25
markets Strategy Align Sustainability WhatsApp track innovations Holcim to sell stake in Lafarge Africa
cement maker Holcim will exit its Nigerian business through the sale of its almost 84% stake in Lafarge Africa to China's Huaxin Cement in a $1 billion deal, it said on Sunday. The deal aligns with Holcim's strategy to streamline its portfolio and focus on high-growth regions, including the coming spin-off of its North American business, which remains on track for a US listing in the first half of 2025.
11.11 / 09:13
Continental Death Nov Virus country reports International WHO to convene emergency meeting on mpox on Nov 22
In August, the disease which continues to spread in Africa was classified by the U.N. health body as a public health emergency of international concern, which represents the highest form of alert. This followed the spread of a new variant of the virus, called clade Ib, in parts of the continent. There have been 46,794 confirmed and suspected cases in Africa this year through Nov. 3, including 1,081 deaths, the WHO said in a report issues on Monday. The most affected country is the Democratic Republic of Congo, followed by Burundi and Uganda, it said.
28.10 / 14:21
markets Reuters Digital Strategy Death Monarch reports World's richest monarch is wealthier than King Charles. Check his net worth, source of income
King Maha Vajiralongkorn from Thailand, officially known as King Rama X, is the richest monarch in the world. Vajiralongkorn, 66, ascended to the throne after the death of his father, King Bhumibol Adulyadej in October 2016, according to a report from France24. His father ruled the Buddhist kingdom for 70 years, one of the world's longest-serving monarchs. Vajiralongkorn was crowned in May 2019 when his 88-year-old father Bhumibol Adulyadej passed away on October 13, 2016. What is surprising is that Charles III, the King of the United Kingdom, is a globally influential monarch but he did not make the list of the world’s top 10 richest monarchs. According to the sources, his net worth is estimated to be around $747 million. ALSO READ: Vasundhara Oswal, Indian-origin billionaire's daughter, detained in Uganda. A look at her Rs 1,649 crore house, lavish lifestyle
26.10 / 13:09
markets Provident Digital Man Strategy country reports Vasundhara Oswal jailed in Uganda: Who is Mukesh Menaria, the man Pankaj Oswal’s daughter, is accused of murdering?
Pankaj Oswal, Vasundhara Oswal, has been in 'illegal' detention in Uganda since the last 25 days. Vasundhara was detained in the East African country due to serious criminal charges against her, including kidnapping and murder. Her family claims she has been illegally detained without trial, citing «corporate and political manipulation». Her father has requested for an international intervention for Vasundhara's release.
25.10 / 11:39
markets UPS Manufacturing awards Experts Universities Rags to riches: This Indian billionaire once sold detergent on cycle and today owns Rs 23,000 crore company
Nirma detergent. Karsanbhai Patel, an Indian billionaire businessman hailing from Gujarat, founded Nirma. Patel was born in Gujarat's Ruppur in 1945 in a financially constrained family but his spirit driven by determination and the relentless pursuit of excellence, helped him carve a niche foe himself in business.
25.10 / 10:31
markets Platform CAT Instagram Experts social 2020 Meet Nala, world's richest cat, with 5 million Instagram followers. Her whopping net worth will leave you stunned
richest cat, with a whopping net worth of $100 million (approximately Rs 839,000 crores), according to her Cats.com. But how did Nala is so rich? Read on to find about the world's richest cat.
14.10 / 22:07
Cooper Waters security Sustainability country blues rights Nile basin nations say water-sharing accord has come into force without Egypt's backing
A regional partnership for Nile River basin countries says an agreement on the equitable use of water resources has come into force despite the notable opposition of Egypt
04.09 / 07:02
Fighting Sustainability hospital reports athletics Ugandan Olympic athlete set on fire by her boyfriend, police say
A Ugandan athlete living in Kenya was attacked and set on fire by her boyfriend and is receiving treatment for burns on 75 per cent of her body, police said.
04.09 / 02:27
Death Justice Olympics hospital patient Investigations athletics Rebecca Cheptegei, Olympic runner, hospitalised with 75 per cent burns after boyfriend sets her on fire over land dispute
Rebecca Cheptegei is in critical condition in a Kenyan hospital after being allegedly doused with petrol and set on fire by her former boyfriend. The attack occurred on Sunday at her home in Endebess, western Kenya, where she had been training. Both individuals are undergoing treatment for severe burns at Moi Teaching and Referral Hospital in Eldoret. Local police are investigating the incident, which is part of a worrying trend of violence against female athletes in Kenya. Cheptegei, 33, had returned home from church with her two children when the incident took place. According to local police chief Jeremiah ole Kosiom, neighbors rescued her after hearing a quarrel outside the house, during which the alleged attacker poured a liquid on her before setting her ablaze. The attacker also sustained serious burns during the altercation. «The couple were heard quarrelling outside their house. During the altercation, the boyfriend was seen pouring a liquid on the woman before burning her,» Kosiom explained to journalists.
02.09 / 20:43
Fishing country reports rights Interviews International boating US rights watchdog cites "a climate of fear" in Uganda oil development project
Oil activities on the shores of Uganda’s Lake Albert have triggered widespread suffering among locals facing forced displacement and other violent abuses, a U.S. climate watchdog said Monday
25.08 / 15:26
Research Virus country outbreak reports infection strain A deadly new strain of Mpox is raising alarm
On 14 August officials at the World Health Organisation classified the outbreak of Mpox as a global health emergency. A new strain of the disease has spread beyond the Democratic Republic of Congo for the first time, to at least 12 other African countries. MPOX IS A viral infection typically found in parts of Africa and spread through contact with infected animals as well as within households. It causes severe fever, flu-like symptoms and a rash of pus-filled blisters across the body.

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