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Uhuru Kenyatta’s Family To Buy Stake In Distressed Bank In DR Congo

Uhuru Kenyatta

The Commercial Bank of Africa (CBA), a leading Kenyan commercial bank majority-owned by the Uhuru Kenyatta family,[9] is looking to acquire a stake in a distressed lender in the Democratic Republic of Congo.[3] Check also: Uhuru Kenyatta Organised A Rally To Celebrate Withdraw Of ICC charges According to a report by Kenya’s Business Daily newspaper,[2] CBA has written to the ...

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East Africa: President Museveni Warns Europe On EPA

President Museveni

President Museveni : [9]East African leaders have delayed to sign the Economic Partnership Agreement (EPA) recently agreed with the European Union (EU) so as to ensure a better trade deal.[5] Check Also: Uganda Could Get Rich On Oil, According To World Bank Speaking during the July 14 French national day (Bastille) celebrations at the French ambassador’s residence in Nakasero, President Museveni ...

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Uganda Loses Shs3B Daily In South Sudan Conflict

Sudan

Uganda is losing about $1 million (Shs3.3 billion) every day since war resumed in Juba,[8] the South Sudan capital last weekend. Check Also: 5 Shocking Reasons Why America’s Military Is In Big Trouble According to the traders’ leadership in Kampala,[6] this figure is a very conservative estimate, considering that it does not factor in losses inflicted on life and properties. Since ...

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BMW In Plans To Expand To 7 Other African Countries

BMW vehicles

BMW South Africa has announced plans to expand to seven African countries in the next three to four years in a “structured” approach that will create a ready market for Rosslyn assembly plant in Pretoria.[9] Check also: BMW made an improvement in one of its best cars Speaking after BMW Germany announced that the South African unit would take responsibility ...

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India’s Prime Minister, Narendra Modi On 4-Nation African Trip

Narendra Modi

MAPUTO, Mozambique – India’s prime minister,[9] Narendra Modi on Thursday kicked off a four-nation African tour on a continent where China’s presence has been strong,[4] including countries that haven’t been visited by an Indian leader in more than three decades. Check also: Africans Are Seen As Drug Dealers Or Demons In India Prime Minister Narendra Modi’s trip is meant to ...

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