According to WHO, Uganda has one of the highest malaria incidence rates in the world, accounting for about 5 percent of all cases worldwide. PHOTO | SHUTTERSTOCK
Uganda's Ministry of Health on Friday said that international donors have significantly cut funding to malaria projects in the country over global crises including conflicts and climate change.
Police officers releasing trucks at the Namanga Border Point between Kenya and Tanzania on May 22, 2020. PHOTO | FILE | NMG
Kenya and Tanzania last week agreed to resolve at least 14 trade barriers that have stifled business between East Africa’s largest economies.
NCBA CEO, John Gachora. ILLUSTRATION | JOSEPH BARASA | NMG
NCBA Group managing director and Kenya Bankers Association chairman John Gachora reflects on his bank’s 2023 full-year performance and the industry’s standing that featured strong profitability and operational metrics amid headwinds relating mostly to the elevation of credit losses/non-performing loans.
Tanzanian government officials led by Prime Minister Kassim Majaliwa receive Air Tanzania’s latest aircraft, a Boeing 737 MAX 9 at Julius Nyerere International Airport in Dar es Salaam, Tanzania on March 26, 2024. PHOTO | POOL
Air Tanzania this week added a second Boeing 737 MAX 9 jet to its fleet to signal its strong expansion plan even as a government audit confirmed a sixth straight loss-making year for the national carrier.
According to the Controller and Auditor General (CAG)'s 2022/2023 report presented to President Samia Suluhu Hassan in Dodoma on Thursday, Air Tanzania posted a Tsh56.6 billion ($22.19 million) loss for the year, the fifth highest among public companies and about 32 percent above the $15.17 million loss registered in 2021/2022 financial year.
The new plane's arrival at the Julius Nyerere International Airport in Dar es Salaam on March 26 raised the airline's fleet to 15 as it continues to pursue an ambitious, government-sponsored revival programme that has so far cost nearly Tsh4 trillion ($1.57 billion), according to official Air Tanzania records.
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Equity Group CEO James Mwangi during the announcement of the bank's 2023 financial results at the investor briefing at Equity Centre in Nairobi, Kenya on March 27, 2024. PHOTO | WILFRED NYANGARESI | NMG
Equity Group's regional subsidiaries grew their contribution to the
