The objective of the project is to help reduce rural poverty in Uganda by facilitating access to and utilization of affordable financial and business development services for an estimated 1.4 million rural poor in the country's districts.
United Bank for Africa (UBA) Liberia Limited has signed a $10 million financing deal with Liberia's leading telecom company, Lonestar Limited; a company owned 51% by MTN Communications Limited for a network expansion programme. The deal is one of the biggest single projects financing by a commercial bank in the country and underscores UBA Group's role in project financing across Africa.
IT SEEMS it was only yesterday that South Africans reacted with horror and revulsion as they watched the video made by four white students of the University of Free State (UFS), in which black women were made to eat food laced with urine.
WITH more than eight months still to go before the kickoff of the 2010 Soccer World Cup, many long-haul airlines are booked to capacity on South African flights.
The second phase of the Dar es Salaam-Isaka-Kigali/Keza-Musongati Railway project study will cover the existing 970-km Dar es Salaam-Isaka railway link and its extensions.
SA's international standing took a knock after the country slipped a notch down on Transparency International's 2009 Corruption Perceptions Index, released this week.
The World Summit on Food Security, which is being held in Rome between 16 and 18 November 2009, is being fully supported by the African Development Bank (AfDB).
THE government expressed its concern yesterday about the growing perception that Pretoria is limiting the number of Nigerian nationals wanting to visit SA for business and tourism purposes.
The United Nations refugee agency today condemned the latest xenophobic attacks that have driven some 3,000 foreigners, including refugees and asylum-seekers from Zimbabwe, from a community in South Africa.
Farmers in De Doorns have rejected allegations that they are paying Zimbabwean immigrants lower than the minimum wage and are therefore responsible for the xenophobic attacks that erupted in the region this week.
The Inter-Ministerial Committee (IMC) tasked to oversee government's preparation for the 2010 FIFA Soccer World Cup has expressed satisfaction at the progress made ahead of the tournament.
A report describing soldiers' service conditions as a "ticking time bomb" demanded urgent action and should be made public, Democratic Alliance MP David Maynier said yesterday.
A TOP think-tank sharply raised its forecasts for the global recovery yesterday, and gave a surprisingly upbeat assessment of SA's economy over the next two years.
DAILY and weekly newspapers have all lost circulation, except for the Afrikaans daily Die Son, and the Zulu daily Isolezwe, according to the third-quarter year-on-year figures released yesterday by the Audit Bureau of Circulations (ABC).
Armscor CEO Sipho Thomo has been suspended on full pay pending the outcome of a disciplinary hearing after defiantly refusing to accede to yet another request by the corporation's board for him to resign.
