East Africa: Kenya and EAC Sued Over $2.34 Billion IMF Loan

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East Africa: Kenya and EAC Sued Over $2.34 Billion IMF Loan

[East African] Kenya's Attorney-General Justice Kihara Kariuki and the EAC Secretary-General Peter Mathuki have been named as first and second respondents respectively in a case filed by two Kenyan organisations at the East African Court of Justice.

Source: allAfrica.com

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Sedibeng municipal manager Stanley Khanyile shot dead inside car | News24

Controversial Sedibeng municipal manager and former Eastern Cape social development HOD Stanley Khanyile has been shot dead.

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Rwanda cuts gorilla permit fees

Rwanda has slashed gorilla permits by between 60 percent and 80 percent as the government endeavours to revive the tourism sector adversely hit by the Covid-19

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Listen To Today's Daily News Wrap, Wednesday 17 February

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Uganda: Government to Lose Shs21 Billion Worth of Tourism Taxes

The report titled: Assessment of the economic impact of Covid-19 and interventions for tour operators in Uganda, notes that on average, government in 2019 had earned at least Shs112m from each tour company, translating into a combined sum of

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Source: allAfrica.com

Uganda unveils seven new cities

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Kenya: Yatani Projects Sh841 Billion Budget Shortfall Amid COVID-19 Tax Incentives

Yatani however said the fiscal deficit is expected to drop to Sh768.8 billion in 2021/2022 and Sh570.4 billion in

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Source: allAfrica.com

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Uganda: Jubilee Insurance Records 9.9 Percent Growth Amid COVID

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Source: allAfrica.com

No pay for workers for 4 months, says bankrupt Eastern Cape municipality | News24

The Amathole District Municipality in the Eastern Cape says it can't pay its employees for four months.

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Source: https://www.news24.com

City Hall suppliers to wait longer on Sh3bn pending bills budget

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East Africa: Three EAC States to Pay Sh35 Trillion in Debt Servicing

The amount that Kenya, Tanzania and Uganda would have to pay in debt servicing is almost the same as Tanzania's entire budget for 2020/21: Sh34.88

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Source: allAfrica.com

BILLIONS AT RISK - Inefficient controls at ministries, agencies exposing public funds to fraud or abuse

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Banks seen lowering deposit rates, retreat to Treasuries to protect profits

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Uganda: Museveni Fulfills Ugx 150 Million Pledge to Ikwera Girls Secondary School

[Independent (Kampala)] Kampala -- President Yoweri Kaguta Museveni has fulfilled his pledge of 150 million shillings to procure a mini-bus for Ikwera Girls Secondary School in Kwania district.

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Source: allAfrica.com

Kenya: Sh3.6 Trillion Budget But Only Sh15 Billion to Fight Covid-19

[Nation] Kenya has set aside a paltry Sh15.4 billion for Covid-19 fight in its expansive Sh3.6 trillion budget for the new financial year, exposing the country to resource constraints in case donors bail out.

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Source: allAfrica.com

Uganda: Cover Story - Tough Budget

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Imbert: Extra $57m for police, so $600m for the year - Trinidad and Tobago Newsday

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Kenya: MPs Question Bid to Allocate Nairobi Sh27.9 Billion

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Source: allAfrica.com

Uganda: NRM Manifesto - Govt Lists Gains in Health Sector

Dr Jane Ruth Aceng said access to healthcare has improved, with 86 per cent of the population within 5km of reach of public or private health

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PSC concerned over impact of government's non-payment of SMMEs during Covid-19 crisis

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Source: https://www.news24.com

OK suffers write-downs as crisis deepens - NewsDay Zimbabwe

REVENUES at the Zimbabwe Stock Exchange-listed retail giant, OK Zimbabwe Limited came off slightly to $34,3 billion during the year ended March 31, 2021 as consumer spending came under pressure as a result of a vexing economic crisis and disruptions to supply chains as the COVID-19 pandemic

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Tanzania: CCM Lawmakers Continue to Clash Over Magufuli's Legacy

[Citizen] Dar es Salaam -- The legacy of former President John Magufuli continued to dominate the debate on the Prime Minister's budget estimates for the financial year 2021/22 in Parliament on Thursday as ruling party lawmakers openly showed their differences.

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Source: allAfrica.com

Cash-strapped City of Joburg to grant qualifying ratepayers 50% debt write-off relief | News24

City of Johannesburg executive mayor, Geoff Makhubo, says despite the administration fighting to protect the metro from bleeding further financially, minimising the effects of the pandemic has become an active feature of their post-Covid-19 urban management strategy.

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