Fred Ojambo @fojambo
Ugandan business journalist working for Bloomberg News. Previously worked for Dow Jones Newswires. Opinions are my own and retweets aren't endorsed Kampala Joined January 2012-
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STATEMENT ON THE SANCTIONING OF THE SPEAKER OF PARLIAMENT OF UGANDA BY THE GOVERNMENT OF THE UNITED KINGDOM The Republic of Uganda is a stable democracy that enjoys cordial relations with the vast majority of States in the family of nations.
UK sanctions corrupt politicians in Uganda who stole from vulnerable communities gov.uk/government/new…
A Dubai firm agreed to lend South Sudan $13 billion -- almost double the country's GDP -- in exchange for 20 years of discounted oil. trib.al/88A9EAA
China’s leader Xi Jinping has expressed "unwavering support" for the development of the East African Crude Oil Pipeline project, says Ugandan President Yoweri Museveni trib.al/bFyN08n
Uganda’s constitutional court rejects a bid to overturn a draconian anti-LGBTQ law trib.al/fB8vLF7
Ugandan President Yoweri Museveni named his son, who says he wants to succeed his father as the nation’s leader, as chief of the defense forces trib.al/4qefP8E
Nairobi-based lender KCB’s efforts to clean up its loan book of legacy bad debt is being frustrated by government delays in paying suppliers and court injunctions slowing down the sale of collateral to recoup losses trib.al/dtmndTU
How an east London fast food worker helped a fugitive launder billions of pounds worth of stolen Bitcoin trib.al/fShskC6
Full-year profit at KCB falls 8%, as Kenya’s biggest bank saw operating costs surge by 61% trib.al/7xGt0N5
Access Bank plans to acquire National Bank of Kenya, boosting the foothold of Nigeria’s biggest bank in a key East African market trib.al/aklVp8Q
Uganda’s harsh law outlawing homosexuality is undermining foreign direct investment and harming tourism, warns the IMF trib.al/h1t61uk
Kenya’s shilling has staged a comeback that’s vaulted it from one of the worst to the best in the world in less than three months trib.al/hRRzRKv
Absa’s profit falls for the first time since 2020 after the South African lender’s bad loans jumped at home trib.al/1KO8WMy
BREAKING: On March 6, 2024, a special Monetary Policy Committee (MPC) meeting increased the Central Bank Rate (CBR) to 10%. Read More t.ly/XkNmk
Africa's newest oil basin is drawing more interest as TotalEnergies buys up blocks near Namibian discoveries trib.al/FqmAUz6
Ugandan central bank lifts its interest rate at an emergency policy meeting because of a worsening inflation outlook and to boost its shilling trib.al/K5lS4Qz
☀️: @mtnug has released its Audited Financial Results for the year ended December 31, 2023. Get the details here: use.or.ug/content/mtn-ug…
Uganda’s shilling advanced the most in seven months before an unscheduled interest-rate meeting trib.al/FpW8J3B
🟡𝗠𝗧𝗡𝗨 𝗙𝗬2023 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗥𝗲𝘀𝘂𝗹𝘁𝘀 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀. ➖ FY2023 Final Recommended Dividend: Ugx6.4 per share payable to shareholders on or about June 21, 2024 as of record June 4, 2024 (USE Effective Date: May 30, 2024). 🔗 mtn.co.ug/wp-content/upl…
Uganda’s central bank will hold an unscheduled meeting, after the shilling fell to a record low trib.al/QKe2HFL
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@UNOC_UG @Comrade_Otoa @YSsempogo @BanageSarah Welcome to @UNOC_UG my brother @Comrade_Otoa. Excellent addition to the UNOC family. Looking forward to your contribution to this national lubimbi.
The Economist wanted to get to know the Vladivostok of 2024. So we spent time analysing open-source information, crunching numbers and speaking to residents. Follow the journey we took to find out what makes the city, from its people to its places: econ.st/4cjcj3Z 👇
𝗘𝘅𝗲𝗰𝘂𝘁𝗶𝘃𝗲 𝗡𝗼𝘁𝗶𝗰𝗲: We are pleased to announce the appointment of @TamaleHenry as our new Executive Director, effective March 12, 2024. Welcome Henry!
THANK YOU FOR SUPPORTING OUR #SendTwinamatsikoToSchool CAMPAIGN Thank you all for your support of our #SendTwinamatsikoToSchool Campaign. The young man reported to Namilyango College yesterday. He was welcomed by his new brother, Tshaka Kyamutetera who is already a Form 3…
New family member alert: God has blessed us with a baby boy. Mum & dad already bonding well with the first son!
#MatAbacusRwanda. We are open now. Ready to serve and help grow the finance and accounting profession in Rwanda. We are supporting Rwanda's vision to establish itself as a financial centre. Find us at matabacus.rw.
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Be Humble. It happened in G-20 summit, New Delhi - India, 2023. The PM of Netherlands had a Tea cup in his hand, fell by mistake. He didn't call volunteers to cleanup. Please see what happened next. This is a huge lesson for our political leaders.
Personal news: while my colleague @lesliehook is away for the next 6-12 months I'll be running the FT's natural resources coverage. So it's no longer just the energy beat. Tips and suggestions on anything mining, trading, commodities or energy related all gratefully received...
On a personal note, I am thrilled to have started on Bloomberg's EMEA News Desk, where I join a team of some of the finest journos in the trade. I am equally proud of the work we've done in East Africa where I served as bureau chief over the past 4.5 years
I'm delighted to announce that having sat my viva in June, I've been awarded a PhD for the work I did on "Do Not Disturb. The story of an African murder and a political regime gone bad" by the University of Cambridge, my old alma mater. Very gratifying. harpercollins.co.uk/products/do-no…
Here's to 4 years at @gijn! I thank my friend @mutigam for the referral, my maiden GIJN editorial boss & friend @tanyapampalone for her guidance & mentorship that helped ease me into the @gijnAfrica editor role, & all my colleagues + IJs around Africa for your continued support!
We deliver construction materials countrywide
Uganda, which ranks 142/180 in the TI corruption index, is getting advice from Azerbaijan, rank 157. Who is making a cut off this software deal?
Literary icon Wole Soyinka demands public holiday for traditional African religions; an annual holiday like states grant Islam and Christianity. “We’ve had enough of being second-class citizens,” he said. The man has a point ripplesnigeria.com/soyinka-demand…
"Nowhere is safe" for LGBTQ Ugandans who say life after the Anti-Homosexuality Act is "hell." "Homosexuality is unnatural, unbiblical & against the order of God," an Anglican priest told us. Our CNN report from Kampala with @bethlehemfel @mufabs cnn.com/2023/06/29/afr…