It is empirical that the Ethiopian government curbed spending to bring inflation under control following signs of "growing macroeconomic imbalances," IMF said on Tuesday.

Workers should reject their July salaries and go on leave, the Trade Union Confederation of Tanzania (Tucta) said yesterday.

Makerere University lecturers have resolved not to teach when the semester opens a fortnight today.

Uganda's new Atomic Energy law will boost technical cooperation between the country and the International Atomic Energy Agency, a senior agency official has said.

Last week, Harvard professor Michael Porter was in town to speak at the East African Business Summit about the competitiveness of firms and nations, a subject he has almost single-handedly raised to its current prominence.

Thousands of commuters were stranded for hours at the Likoni ferry channel after three of the four ferries developed mechanical problems on Thursday.

With more Ugandans acquiring business facilities through leasing, players in the banking industry have underscored the need for a law to protect their businesses.

Operations at all five Shoprite outlets in the country were paralysed yesterday when more than 300 employees went on strike to pressure the South African supermarket chain to increase their salaries.

Entrepreneurs from Dar es Salaam region will tomorrow learn, among other things, the importance of participating in an agricultural exhibition which will take place in China in October.

I love Kenya. Its liberation struggles and subsequent victory over dictatorship are inspiring. When I made a stop over in Nairobi on July 7, I was naturally hungry for current news.

Micro-finance institutions should support small enterprises to eradicate poverty, a UN expert has said.

Manufacturers have complained that the rampant electricity load shedding is forcing them out of business.

The Commercial Bank of Ethiopia (CBE) is set to finance four new Microfinance institutions (MFI) in addition to the five similar institutions it is supporting, the ministry of finance and economic development said on Tuesday.

Ugandan investors have reason to be angry with the recently concluded Safaricom IPOs that have turned out to be costly as bankers' cash heavily on the unfavourable exchange rates.

As the public and private sectors refocus their efforts to repair and construct new roads, it is important to determine the best method for the executing agency to implement maintenance of the road network. One of the approaches that could be used in network infrastructure maintenance is asset management. This refers to the comprehensive analysis of the current and future state of road ...

Minister of State for Energy, Petroleum, Mr Odein Ajumogobia, SAN, yesterday advised Ugandans who are in Nigeria to learn how to grow their newly discovered petroleum in commercial quantity not to make the mistakes Nigeria made.

The Abim district chairman, Norman Ochero, has said the Karimojong need self-sustaining skills to succeed in the ongoing disarmament exercise.

MPS have asked Kyambogo University to produce the list of lecturers to be retained and those to go as per the validation exercise carried out recently.

AS it celebrates 18 years of existence, the Ateso weekly newspaper, Etop, has given out 12 bicycles to its readers.

More than 600,000 hectares of fertile land suitable for food production in the country have been hived off for the cultivation of bio-fuel crops, an independent study by a land use research organisation has revealed.

MEMBERS of Parliament were on Tuesday stunned to learn that Makerere University operates 132 bank accounts.

UGANDA'S power losses, which stand at 40% of the total capacity, are the highest in the Nile Basin area, the Vice-President, Prof. Gilbert Bukenya, has said.

DAYTIME load-shedding will be reduced when the euro 74m (about sh194b) power plants come online in August, the state minister for energy, has disclosed.

Agriculture and Food Security minister Stephen Wasira has outlined measures intended to make Tanzania gain from rising food prices in the world market. The crucial aspect about the plan is raising production by close to 800,000 tonnes, which, according to ministerial experts, is possible if other envisaged measures are taken.

THE interest rates under the Prosperity For All scheme have been set at between 9% and 13% for agricultural and business activities respectively, a top official announced over the weekend.