In Morocco hills, cannabis farmers bet on budding industry

Summary The marginalised Rif region has long been a major source of illicit hashish smuggled to Europe while Moroccan authorities, wary of social unrest, have often turned a blind eye. In the hills of northern Morocco, vast cannabis fields are ready for harvest, but farmers complain that a government plan to market the crop legally is yet to deliver…

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Uganda’s Museveni Apologizes to Kenya for Son’s Tweets

Kampala, Uganda —  Ugandan President Yoweri Museveni has issued a public apology to Kenya, asking forgiveness for tweets by his son, Muhoozi Kainerugaba. The tweets on Monday joked about Uganda invading Kenya. But Museveni promoted his son from lieutenant to general while removing him as commander of the army’s land forces, saying there were many positive contributions he has…

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Uganda’s Museveni Apologizes to Kenya for Son’s Tweets

Kampala, Uganda —  Ugandan President Yoweri Museveni has issued a public apology to Kenya, asking forgiveness for tweets by his son, Muhoozi Kainerugaba. The tweets on Monday joked about Uganda invading Kenya. But Museveni promoted his son from lieutenant to general while removing him as commander of the army’s land forces, saying there were many positive contributions he has…

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CMA, Kenya Development Corporation sign financial deal to support SMEs

The MoU will help the two parties to promote greater utilisation of the capital markets through structured financial products by corporates, including SMEs The Capital Markets Authority (CMA) and the Kenya Development Corporation (KDC) have signed a new Memorandum of Understanding (MOU)  The MoU will help the two parties to promote greater utilisation of the capital markets through structured…

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Tanzania, UAE sign deal on tackling double taxation

What you need to know: The agreement dubbed ‘Agreement on Avoidance of Double Taxation and Prevention of Fiscal Evasion on Income Taxes’ was signed by Finance ministers of the two countries–Dr Mwigulu Nchemba for Tanzania and Mr Mohamed Bin Hadi Al Hussain of the UAE. Dar es Salaam. Tanzania and the United Arab Emirates (UAE) have signed an agreement…

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EABC shapes business priorities

THE East African Business Council (EABC) board has shaped the new business priorities for Intra-EAC trade growth and economic resilience. This was stated by the EABC Chairperson Ms Angelina Ngalula during the 84th meeting outlining priorities that were set to boost Intra-EAC trade and investments that were held in Dar es Salaam over the weekend. In her speech to…

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Microsoft, AfDB partner to scale youth employment in Africa

Through its African Transformation Office (ATO), Microsoft will work with the bank’s Youth Entrepreneurship Investment Banks (YEIB) Initiative to develop youth entrepreneurship ecosystems, create jobs and dramatically scale impact in Africa through digital inclusion. The partnership is expected to ease unemployment pressure especially among the youth facing African governments after impact of COVID-19. “We believe much can be done…

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Microsoft, AfDB partner to scale youth employment in Africa

Through its African Transformation Office (ATO), Microsoft will work with the bank’s Youth Entrepreneurship Investment Banks (YEIB) Initiative to develop youth entrepreneurship ecosystems, create jobs and dramatically scale impact in Africa through digital inclusion. The partnership is expected to ease unemployment pressure especially among the youth facing African governments after impact of COVID-19. “We believe much can be done…

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