Search Results for: Uganda

BY KEITH NUTHALL
THAT criminals abuse the insurance industry is nothing new for a sector routinely screening claims for hints of fraud. However, its managers have proved far less alert to the risk of it being exploited by money launderers and terrorist financers, a new detailed report has claimed.…

BY KEITH NUTHALL

THE MULTILATERAL Investment Guarantee Agency, or MIGA, is the international organisation companies turn to when they want to invest in a jurisdiction where their assets might not be that safe. Mining companies have long used MIGA to cover risks that are too tasty for the private insurance industry, and the agency has issued 58 guarantees for the sector since it was formed in 1988.…

BY KEITH NUTHALL
THE UN Food and Agriculture Organisation (FAO) is staging regional training and research programmes to cut the thousands of gallons of milk spoiled in east Africa every week. It estimates that US$59.7 million dairy products are lost annually in Kenya, Uganda and Tanzania.…

BY KEITH NUTHALL
CHINA has resisted calls at the World Trade Organisation (WTO) by its developing country competitors for special efforts to protect them from economic dislocation caused by January’s end of textile import quotas. Mauritius, Bangladesh, the Dominican Republic, Fiji, Madagascar, Sri Lanka and Uganda pushed at a WTO Council on the Trade in Goods for a WTO secretariat study identifying the likely problems and recommending solutions.…

BY KEITH NUTHALL
TRADE liberalisation is not enriching the world’s poor, claims a new UN Conference on Trade and Development (UNCTAD) report, with increased exports not necessarily boosted local consumption. Bangladesh, Guinea and Uganda were the only least developed countries where this happened in the 1990s.…

BY KEITH NUTHALL
THE INTERNATIONAL Criminal Court (ICC) is a step closer to launching its first case, with Uganda President Yoweri Museveni referring the terror wrought by his county’s rebel group the Lord’s Resistance Army (LRA) to ICC prosecutor Luis Moreno-Ocampo.…

BY KEITH NUTHALL
UGANDA has launched “MTN villagePhone,” a (World Bank) International Finance Corporation supported joint venture between the country’s leading telecommunications company, MTN Uganda, and Grameen Foundation USA. Villagers borrow microloans to buy equipment allowing them to sell mobile phone services in areas unconnected to landlines.…

BY KEITH NUTHALL
THE WORLD Health Organisation (WHO) claims it is near to making guinea-worm disease the first parasitic illness to be eradicated globally. Only 35,000 sufferers remain in west Africa, the Sudan, Ethiopia and Uganda. The worm grows inside the abdomen and emerges through painful blisters on lower limbs.…

BY KEITH NUTHALL
A PHD in rocket science is not required to understand that corruption is a problem worldwide. But such a qualification – and more – would be required to devise an effective plan to fight this financial plague. The United Nations’ (UN) is drafting an international convention on corruption and asked a string of experts to write reports to illuminate some issues.…

BY KEITH NUTHALL
The UN Environment Programme says that within five years most African countries will be close to phasing out leaded petrol. Egypt, Libya, Mauritius and Sudan – are already lead-free, to be joined this year by Morocco, Reunion and Tunisia.…