The request had been tabled by State Minister for planning David Bahati. The loan, which required parliamentary approval was sought from Industrial and Commercial Bank of China.
Nile Day commemorates the establishment of the Nile Basin Initiative, and is celebrated annually on the 22nd of February across Nile basin countries riparian states.
In East Africa, Tanzania was also studied and researchers found at least $145m had been hidden by its elites. Researchers concluded that this was because politicians, elites and their cronies got access to aid money and instead of using it to work on projects that developed their countries, they hid it away for personal use.
Tens of thousands of pangolins are poached and killed for their scales for use in traditional Chinese medicine. It is believed their meat is a delicacy among some ultra-wealthy in the Asian continent.
Samuel Majwega Musoke, the Chairperson of Uganda Publishers Association and Executive Director MK Publishers Limited, says publishing two copies of a text book for every subject is an expensive affair.
The retailer, whose majority stake is owned by Turkish dollar billionaire Mustafa Kucuk, will make Uganda the 45th country where it is doing business. The store will be at Acacia Mall.
Mukono Town Clerk, Richard Monday, says the move is intended to reduce confusion in the transport sector and stop reckless driving in major trading centers. However, the taxi drivers say they are ready to defy the directive because passengers avoid taxis in parks.