Hannington Mbabazi, Author at Thecapitaltimes

Biden Formally Disqualifies Uganda, 3 Other Countries from AGOA Despite Lobby Efforts

United States President Joe Biden has ordered the scrapping of Uganda from the list of Sub-Saharan countries benefiting from African Growth and Opportunity Act (AGOA). AGOA provides sub-Saharan African countries with duty-free access to the U.S. market for over 1,800 products. “I

January 3, 2024

National News·Politics

Tensions: How Will LoP Ssenyonyi Deal With Speaker Among?

On December 22, a significant announcement shook the political landscape in Uganda as Joel Ssenyonyi assumed the role of Leader of the Opposition (LoP) in Parliament, succeeding Mathias Mpuuga. In an exclusive interview with BAKER BATTE LULE, Ssenyonyi addressed various aspects of

January 3, 2024

Business

Top 10 Weakest Currency Rates in Africa

Exchange rates are important in the global economy because they influence international trade, investments, and tourism. Understanding how exchange rates function and how they affect different sectors of the economy is critical for businesses, tourists, and governments. Exchange rates show how valuable

January 2, 2024

Education

Govt Warns Private Schools on Early Re-opening, Extortion

State Minister for Higher Education Dr John Chrysostom Muyingo has cautioned schools against opening the school term before the official date. According to the official school calendar from the Ministry of Education and Sports, the school term will commence on 5th February.

January 2, 2024

National News

Must Read: Top 5 Pan-African Leaders Whose Ghosts Are Demanding Justice

Pan-Africanism is a movement that is geared towards uniting and solidifying relationships between Africans and people of African descent worldwide. It has not been an easy concept to implement as factors such as slavery, cultural division and colourism to name a few

January 2, 2024

Business·National News

10 African Countries With the Highest Debts to the IMF

The International Monetary Fund (IMF) is a key player in global finance, offering monetary assistance to governments suffering economic difficulties. However, these loans from the IMF can have deep and varied effects on their economy. These effects are felt in some parts

January 2, 2024

National News

President Museveni Meets South Korean Evangelist Ock Soo Park, Unveils Plan to Set Up Mindset Institute in Uganda

President Yoweri Kaguta Museveni has today met and held discussions with Rev. Dr. Ock Soo Park, a South Korean evangelist at his country home in Rwakitura, Kiruhura District. Rev. Dr. Park is the founder of the International Youth Fellowship, a worldwide youth

January 1, 2024

Lifestyle

List: Here Are 10 Countries That Have Crossed Over To 2024 Before Uganda

The year 2023 has been a roller coaster ride for Ugandans and the rest of the world. The year has seen its fair share of ups and downs. In 2023, many historic events occurred. While some positively shaped Uganda and the world,

December 31, 2023

Business

List: African Countries that Have Defaulted on Debt Repayment

A growing number of African countries have found themselves caught in the challenging web of debt distress, a predicament exacerbated by the COVID-19 pandemic, and global economic downturn. These problems have presented governments on the continent with stark choices needed in funding

December 31, 2023

World News

Ethiopia, Egypt, and Three Other States to Join BRICS in 2024

The BRICS group is on track to double its membership as Saudi Arabia, Iran, the United Arab Emirates, Ethiopia and Egypt join the bloc on January 1, 2024, according to South Africa’s envoy to the bloc. In August, the BRICS group, originally

December 31, 2023