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Effective January next year, nationals of East African member states will pay the same rates as their Ugandan counterparts to access the country’s national parks, a top Uganda Wildlife Authority (UWA) official has said.
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The World Bank (WB) has announced the creation of a $2billion special facility to speed up grants and interest-free loans to help some of the world’s impoverished countries to withstand global financial crisis. The International Development Association (IDA) financial crisis response fast-track facility will be directed at provision of social safety nets, infrastructure, education, and health.
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The Rwandan government has reduced import duty on petroleum products toallow fuel importers in the country to keep the pump prices low and managable to consumers.Trade and Industry Minister Ms Monique Nsanzabaganwa announced at a press conference in Kigali, according to the New Times, a daily in Rwanda.
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Harare - Zimbabwe's central bank has introduced a Z$10bn banknote, worth $20 on the black market, to try to ease desperate cash shortages, state-run media said on Friday. Prices are doubling every day and food and fuel are in short supply in Zimbabwe. A cholera epidemic has killed over 1 100 people and deadlock between President Robert Mugabe and the opposition has put hopes of ending the crisis on hold.
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BRITISH American Tobacco (BAT) Uganda has generously offered over Shs300million for investments to fight environment degradation and global warming in West Nile tobacco growing areas. Most of the tobacco that BAT uses comes from West Nile.
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