Centenary Malawi turns to Finance Trust chief after rapid growth
Finance Trust’s Nakawunde moves to Centenary Bank Malawi as the lender seeks to sustain growth with tighter credit control
Flaw in PHP puts millions of websites at risk of takeover
Security researchers used AI models to find chains of PHP weaknesses, and a leak forced developers to release emergency patches ahead of schedule
UBOS challenges ICT ministry’s national data strategy
Uganda’s statistics bureau challenges a five-year data strategy whose proposed committees would approve and oversee data initiatives
OPEC Fund appraises €150mn loan for Uganda railway
The OPEC Fund is reviewing a €150mn railway loan for Uganda, where the project office says full implementation depends on concluding financing
Makuutu funding options remain under review as Ionic plans equity raise
Ionic reports continued Makuutu spending and talks with potential financiers, without setting a replacement timetable for commercial production
Cutting air pollution and emissions together could save African countries billions
Researchers say development banks overlook the combined benefits of cutting air pollution and greenhouse gases, and argue for funding based on costs and benefits
Uganda should use Makuutu to negotiate up the value chain
Christopher Burke argues that Uganda should use Makuutu’s strategic review to seek commitments on processing, skills and local procurement
Blencowe targets military batteries with Uganda graphite
Blencowe tests Uganda graphite for military batteries with AETC, a US defence award recipient; the record does not confirm Blencowe’s role in the award
More than 3mn tax records await NIN match before login switch
URA plans to verify taxpayer records against NIRA identity data before a full switch to NIN logins, whose date has yet to be announced
Shilling surrenders rate-hike gains as the dollar returns
Uganda’s shilling erased Wednesday’s gains by Friday, with the dollar back above its opening level on the day of the Bank of Uganda’s rate increase
Service charge and VAT, not tariffs, cut what a first power purchase buys
ERA says fourth-quarter tariffs are unchanged, but VAT and a monthly service charge, not the unit price, decide how far a prepaid payment goes
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Why the Aga Khan Fund is parting with Nation Media Group after 66 years
AKFED sells its controlling stake in Nation Media Group to a Tanzanian businessman, ending a 66-year relationship with East Africa’s biggest media house
