Saturday, July 27News That Matters

Day: October 14, 2020

Rwanda to start Growing Cannabis, what it means to her Economy.

Rwanda to start Growing Cannabis, what it means to her Economy.

Business, FEATURED, NEWS, Rwanda
Some know it as cannabis, while others know it as marijuana or weed, especially because it has been trendy in pop-culture music and because it has been immortalized in western films. Whatever you call it, cannabis is the world’s most popular drug and is the highest value therapeutic crop known at the moment, despite being illegal in many parts of the world. It wasn’t until Monday, October 12, that a cabinet meeting approved guidelines that allow the growing of cannabis in Rwanda, which drew mixed opinions from people. Cannabis is a multi-billion dollar industry and it’s believed to be the world’s most valuable cash crop from the absolute value perspective. One study, which analysed data from the UN Food and Agriculture Organisation as well as UN World Drug reports, estimat...
Trump to Withdraw US troops from Somalia.

Trump to Withdraw US troops from Somalia.

FEATURED, NEWS, Politics
Pentagon has begun drafting plans for US president, says Bloomberg, citing people familiar with matter President Donald Trump has informed his top advisers that he wants to withdraw US troops from Somalia, Bloomberg News reported Tuesday. Citing people familiar with the matter, the report said the Pentagon has begun drafting plans for Trump. The talks have involved National Security Adviser Robert O’Brien, Defense Secretary Mark Esper and Joint Chiefs of Staff Chairman Mark Milley, according to the people, who asked not to be identified discussing private deliberations. The US has 650-800 troops in Somalia to help the African country fight the al-Shabaab terrorist group. The move will allow Trump "to make good on campaign pledges to bring soldiers home even though the c...
“Mount Kilimanjaro Fire Started Accidentally” investigator.

“Mount Kilimanjaro Fire Started Accidentally” investigator.

FEATURED, NEWS, Tourism
Hundreds of Tanzanian firefighters and citizens are trying to contain a fire on Mount Kilimanjaro, Africa's highest mountain at 5,895 meters.    The National Park spokesman Pascal Shelutete said the initial investigation found the fire started Sunday by porters servicing climbers at the Whona rest area.  Shelutete told reporters Tuesday the fire, used to warm up food, ignited dry grass and shrubs.  The fire is confined to the Mandara and Horombo trails, Shelutete said, which are no higher than 2,700 meters above sea level.  So far, there are no reports of casualties from the fire on the popular site, which attracts tens of thousands of climbers each year, many determined to reach the peak.  Reuters reports more than two hundred university stude...
Sensual Moves That’ll Help You Put Him In The Mood ASAP

Sensual Moves That’ll Help You Put Him In The Mood ASAP

FEATURED, NEWS
By Our Reporter Although most people think men are sex machines who can easily get turned on, that is not always the case. As a wife there are times when you must have faced a situation where your man is not in the mood for sex   yet  you’re craving for it. Don’t worry, there are ways in which you can awaken the sexual desires of your husband and our relationship experts are here to help you. What Makes Him Not Be in the mood? Before we move on to list the ways to get your husband in the mood, it is essential that you understand why your husband may not be in the mood. Remember, if he is unable to give you attention it does not necessarily mean that he does not love you or is having an affair with someone else. Your husband might be physically distant ...
Dr Ddamulira Eats Big As He Scoops Top Job At Min. Of Finance

Dr Ddamulira Eats Big As He Scoops Top Job At Min. Of Finance

FEATURED, NEWS
By Our Reporter Renowned Kampala economist Dr. Edward Ddamulira Ssengonzi is literally smiling from ear after he was appointed to one of the top offices at the Ministry of Finance. This website has learnt that Ddamulira is in jubilation mood following his appointment as the Under Secretary Accounting Officer for the Ministry of Finance, Planning, and Economic Development. Ddamulira comes in to replace Betty Kasimbazi, who retired last month after serving in that capacity for many years. Prior to her retirement, Kasimbazi had had a tough experience with parliament committees of finance and Public Accounts Committee after she on several occasions had snags in explaining questionable expenditures within the ministry. Before his new appointment, Dr. Ddamulira had been working a...
Despite of Crucial Agreements, Uganda not sure of the exploration start date

Despite of Crucial Agreements, Uganda not sure of the exploration start date

FEATURED, NEWS, Oil & Gas
By Matt Smith Pipeline deal with Tanzania and agreement with Total raise hopes of FID—but go-ahead could be delayed until 2022 Upcoming elections and doubts over financing for the world’s longest heated oil pipeline could scupper Uganda’s hopes of obtaining FID on its much-delayed Lake Albert crude project before year-end. Lake Albert was found to hold c.1.7bn bl of crude following Tullow Oil’s discovery of oil in 2006. The financially troubled Anglo-Irish Tullow, French major Total and Chinese NOC Cnooc each hold one-third stakes in the project—although Total agreed in April to buy out Tullow for $575mn: $500mn on conclusion of the deal, plus $75mn following FID. Tullow, which says the sale should be complete by year-end, would receive further payments if Brent prices ...
High court halts Payment of sh120b to Ham Enterprises by DTB.

High court halts Payment of sh120b to Ham Enterprises by DTB.

Business, FEATURED, Latest News
The commercial division of the Hight court has halted the execution of the orders issued by the head of Commercial court justice Henry Peter Adonyo in a case involving businessman Hamis Kiggundu, Diamond Trust Bank (DTB)-Uganda and DTB-Kenya.    Principal judge, Dr Flavian Zeija issued the interim orders on Tuesday in the presence of the bank's lawyer Kiryowa Kiwanuka and Usama Sebuufu. Kiggundu’s lawyer who has since been served wasn’t present in the court. "An interim order for stay of execution of the decree in high court civil suit number 43 of 2020 and MA number 654 of 2020 doth issue pending the determination of the main application for stay of execution", reads the order in part. According to the order, the costs of the suit will be determined in the main app...