Browsing: East African Community

If death could be bribed, the rich men would never die, this old African saying has come to life as new light is shown on Ugandan doctors over charging Covid-19 patients for treatment. After all, once diagnosed, one is ready to pay any amount to rid themselves of the dreaded virus, so the doctors put two and two together and charge more.

Here is the shocking and even upsetting if not downright despicable testimonial of a patient who was been swindled after he was diagnosed positive of Covid-19. He speaks of what happens as he is admitted in to a private hospital in Uganda mid last month.

“After two days of admission, the hospital told me they needed me to advance some money, $750…I did not have it anyway…when discharging me, that’s when they gave me the full medical bill of $2,482.”

This is just one patient, but he represents …

The East African Community has tabled before the East African Legislative Assembly the budget estimates for the 2021/2022 Financial Year totaling US$91,784,296.

The Chairperson of the Council of Ministers and Kenya’s Minister for EAC, Adan Mohamed, in the Budget Speech read on his behalf by Chief Administrative Secretary, Ken Obura, said that the 2021/2022 budget was coming at a time the COVID-19 pandemic had ravaged economies through lockdowns and economic shutdowns that had affected economic performance in the entire region negatively.

The 2021/2022 Budget is themed Economic Recovery through Industrialization and Inclusive Growth.

On priorities for the 2021/2022 FY, Mohamed said that the EAC would focus on 10 priority areas.

These are private sector development, peace and security, health/covid-19 response and trade development.

Others are infrastructure development, EAC digitalization agenda, agriculture, nutrition, biodiversity, environment and circular economy AMONG OTHERS.

Here is how the monies were allocated for EAC Organs and …

Forbes recently. released a list of Africa’s top dollar musicians and here is the list in descending order.

1. Youssou N’Dour (Senegal) – Net worth $145

Youssou N’Dour, AKA Youssou Madjiguéne Ndour, is a Senegalese singer, songwriter, composer, occasional actor, businessman, and, wait for it, a politician too. Yes, Africa’s wealthiest musician is shooting for the executive office and is not the only one on the list with aspirations of becoming their country’s president.

Youssou owns the biggest media house in Senegal with radio and Tv stations. He also boasts vast investments in real estate.

1. Akon – net worth $80 million

World fames Akon is Africa’s second richest musician. Born Aliaume Damala Badara Akon Thiam, the US based star is also originally from Senegal. Akon who is also an actor and a businessman, has accumulated wealth from a diverse range of investments.

Akon writes songs and produces …

Tanzania set aside over 110 hectares for the construction of the Mtwara Free Port Zone over a decade ago (2009) but since then, only 10 hectares have been put to use. Now Tanzania’s parliament wants answers as to why the project is lagging behind.

Special Seats Member of Parliament (CCM) Anastasia Wambura raised the concern recently in the August House citing that the project was very promising yet little groundwork has actually been done.

Responding the Deputy Minister of Agriculture Hussein Bashe acknowledged the slow pace of investment in the Mtwara Free Port Zone but blamed it on the overall drop in global economies that have affected the oil (and gas) industry gravely.

However, as to the MP’s suggestion that the government reassign the remaining 100 hectares to some other economic activity, Minister Bashe who was addressing the House on behalf of the Minister of Industry and Trade, said the …

For the longest time, Africa has been regarded as a hub of extraction, with a history of colonialism that resulted in colonialists exporting raw materials and labor from the continent at little or no fee at all. However, Africa is rewriting the pages of history, and taking charge of its economic well-being. 

No longer are African leaders basing their economies solely on the extractive industries, they are spreading their wings to different sectors that will benefit the continent’s economic status. To date, Africa has been said to be the second-fastest-growing economic region after Asia, and forecasts predict the momentum to be maintained as the continent has many factors working in its favor.

Although the continent’s economic status is on the rise, the rate at which different countries on the continent are growing economically is not at par. One country that has seen remarkable growth and is implementing economic policies that …

ECOWAS countries in West Africa have long reasoned that the issue of food security cannot be left to a single country to shoulder. Instead, the regional bloc embraced the fact it takes collective efforts to secure the food security of a single nation and in so doing protect the whole region.

In is address to member countries during the ongoing virtual meeting, the ECOWAS Commissioner for Agriculture, Environment and Water Resources, Sékou Sangaré said the regional goal of stockpiling some 40, 000 metric tonnes of food reserve is a visionary course that will protect each member state of the sub region.

The conference begun on April 28^th and will carry on through to May 10^th. The conference falls is part and parcel of the EU-funded Support Project to the West African Food Security Storage System.

The Food Security Storage System came into being back in 2015 and …

The government of Tanzania is working on a blue print to increase sell of the country’s agro-produce by setting up bonded warehouses in foreign markets in a bid to boost sells.

The bonded warehouses will for starters be piloted in China and Saudi Arabia and are expected to ease access to markets for agro-produce.

Well first things first. What is a bonded warehouse? These are building or other secured areas in which dutiable goods may be stored or even manufacturing without payment of duty.

Bonded warehouses provide specialized storage services such as deep freezers for perishables as well as bulk liquid storage. They also allow for commodity processing and make up an integral part of the global supply chain by giving the importer opportunity to bring in raw goods, process, package and then sell the final …

When one of the World’s richest couples decides to divorce then yes we are all warrant to Tweet our P and Qs. So, as the social media world continues to dot the couples’ i’s and cross their t’s let as look at ‘the poor man’ in one of the World’s wealthiest people.

As of February this year, Bill Gates’ net worth of over $137 billion, keeping the world renown philanthropist right up their with the rest of the World’s richest people.

But that is not what makes Bill Gates standout, it is his willingness to aide the world’s poorest that sets him apart from the other World titans.

Only recently, through the Bill & Melinda Gates Foundation, Bill Gates, has set aside a $306 million package in agricultural development grants for Africa and other parts of the developing World.

Over the years, Bill Gates has invariably donated and granted Africa …